The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
PGee
Where did u get that valuation.
No way it’s worth 280. From 5 years chart it went above 280 in June 2018 for a while. Since it has been going down.
It went up because of merger announcement and shareholders hopping for counter offer. Other than that I personally don’t see it above what Tlw offering. Good luck to those holding on for counter offer. It’s a gamble and understandable
CNE going up is based on getting a counter offer. Nothing to do with oil price, strength of company etc.
Very true. Betting on a counter offer. A gamble. if it doesn’t play out they gonna lose if kept buying into CNE shares.
Eagernome
Personally Tlw shouldn’t have done a merger deal with Capricorn. This would shut up all the negativity of Tlw. Had it not for the announcement do u think CNE sp has been climbing up. Look at the charts before the announcement.
Yep I prefer the merger not going ahead. Tlw can survive on its own.
I don’t know why people like u kept writing on the board that don’t even invested in it.. Don’t u have anything better to do.
So annoying!
As a LTH I am not concern Tlw sp dropping cf to CNE.
If it goes below 53 I will top up as I have sold my other shares in preparation to buy more Tlw. I have faith in Tlw.
I have been holding for over 3 years. Topping up when it when down to lower my break even. I had make good money from Tlw before it collapsed. I have to admit when it went below 20p it was scary but steady as it goes it climbed to over 150% of its lowest level.
In a months time it will be above 60p at least.
Sorry I mean derampers not dreamers
. Autocorrection ??
Tlw will shoot up once the merger is completed. Shorters and dreamers/day traders are pulling it down betting CNE shareholders will not accept the deal. CNE shareholders need to know that thought they are cash rich the company assets is shrinking. Instead of venturing into more oil exploration it’s better to merge with a company that already has good exposure to Africa. Hence saving costs. Exploring for more oilfields are very expensive venture and at times might not be successful. Personally is a win win for both but unfortunately CNE shareholders do not see it. But they should bear in mind why their shares are climbing now after the merger announced. All imo
Personally I think it’s a good move. A combination of two oil companies into one will make it stronger. Also not mentioning saving costs. Time will tell but I am still all in.
A reason why Rahul was not so keen talkings about Kenya as he was so embroiled into the merger. Hopefully now he has time to work on Kenya and all will go positve. IMO
I totally agree. If not happy move on to other shares. No point keep ****ging it down the drain.
If PI has faith in Tlw like myself it wont bother me.
They can try to manipulate the price as much as possible but I will still belief Tlw is a strong and valuable company. A bargain at the current price
The AGM Will tells all
Eagernome
Since u said no one would touch it Why are you touching it since u have such a negative opinion of the shares
Sell it and move on
Sorry 16m
Anyone knows whether this amount of shares already bought or waiting approval from AGM meeting?
Thrump
Shouldn’t worry too much as it’s not just Tlw down
Tlw sp is more sensitive to market movements compared to others oil companies.
Tomorrow or Wednesday market will be all blue
Omg Tlw going to 55p soon and BumBum gonna jinx it if he got in
Maybe Rahul not feeling well. Caught Covid?
I think a high chance of a takeover which explained the eagerness to buy 10% of shares for reward to employees
So we all now know who is manipulating Tlw sp.
Maybe a positive sign. Company not gonna waste money buying shares to give to staff as rewards because if the company is not going to make it the share is valueless or a pointless gesture to thank staff. IMO
Vert true. Please bear in mind that the Western and US have involved with Middle East, African and Asian countries conflict then left them dry to fend themselves. It’s all politics showing their superiority thinking they care but innocent people suffers let alone parents finding their children killed for a lost course.