The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
What the heck. Do they need to repeat the same news 3 times. Is LSE Tlw chat site supporting Smith I wonder
So annoying.
Sorry miscalculated. Should be 87p which is real dream on lol.
Tlw won’t need CNE. Why bother as it can be a standalone success when Kenya confirmed.
When Tlw goes to 75 to match Smith proposed valuation of CNE 330, I as shareholders of Tlw will vote against merger. A new discussion will be needed to reduce the 3.8 offer. Personally CNE is no way worth the 330 as in the long terms without investment the existing wells will run dry. No oil on income. Finito
Basically all he wanted is have the company dissolved by selling assets and giving money to shareholders. If that is the case, no more Capricorn. The BOD will never agreed to his proposal as Smith wanted his 5% of his holding returned in cash from dissolving the company. There won’t be any offer for that pice of 330 he suggested. Just dream on.
Hope we see sp increase as per said to 55p
https://invezz.com/news/2022/08/02/tullow-oil-share-price-forecast-ahead-of-kenya-stake-sale/
Yes in a way but CNE shareholders holding up on the proviso the merger not going thru. It’s a gamble though to sell and buy Tlw.
CNE shareholders need to bear in mind that the company though cash rich is not sustainable in the near future as the company is not investing the cash. So if they get the dividends the sp will collapsed more that what is paid out when Ex-div. Best to think long term not short term gain.
IMO
As LTH I find every time a statement from them the sp drops. Honestly I has loss faith. Honestly I have no idea whether they are withholding info or do it on purpose to bring the sp down. Something fishy
The mandatory prepayment of $100 million of Senior Secured Notes due 2026 in May reduced total debt to $2.5 billion.
Can anyone explain why $2.5b
Sorry typing error. I mean $2.1b in 2021
I thought the debt was $21.1b in 2021 so why Rahul said it’s $2.5b even after paying $100m. It should be $2b
Why is the debt going up not down?
He didn’t do his job as he predicted wrongly or slow to react when inflation was creeping up. Now he is covering his back and giving us worst case scenario. He should resign. People in high places should do the honourable thing to resign if they can’t delivered what they are paid or elected to deliver
We shouldn’t worry that much as it’s not only Tlw falling. The whole market is so nothing specific that Tlw doing badly. Over reaction and panic selling.
Have faith otherwise just keep cash in ur bank and not play the stock market.
IMO
Starboard
I do hope you are right. It’s being disappointing since the merger announcement. I thought it was good for Tlw but from the sp it doesn’t seem positive at all.
Don’t think so. More like these big institutions are not happy with the merger because they have loads of shorts on Tlw.
Like I mentioned earlier. This is to stop CNE shareholders approving the merger.
I blame it on the merger announcement. Someone doesn’t want it to succeed so making sure Tlw sp drops. Making it unattractive to CNE shareholders.
Had Tlw be itself we would have passed the 60p mark. I think Tlw share price continues to drop until the merger finalised. Rahul made a wrong move
I am definite brokers/traders manipulate the sp of stocks.
Did anyone read the post about how profitable Glenco was over the weekends and the sp shot up on Monday and it continued to crept up until Glenco was hit with bribery and the sp just drops. Is it a coincidence or what. They knew of bribery probe and worried the share price will drop like a stone so they played up the profitability etc of the company. I bet many PI bought into it and got caught. I didn’t buy any as I find the company has a scandalous reputation. They recovered from it and now hit with bribery probe.
What do you guys think? Manipulation?
Yep. me too if it goes below 50
Very true otherwise the BOD won’t accept Tlw offer . CNE like Tlw is a small company and big companies are going for renewable energy to sweeten eco shareholders
Why buy a company where is better to use money to invest in large project which has a bigger returns.
Yes on the proviso people stop de-ramping Tlw and CNE shareholders more supportive. Otherwise not gonna happen. Put it that way if Tlw sp up CNE holders will benefit as the offer is 3.8 times Tlw shares. IMO