Member Info for shadow525

Even Goldman Sachs adding back shares now.

Should really have added this is only speculation but a few other investment trusts have also been buying up shares Algebris Investments and Lazarus on the fall, remember less than six months ago if you wished to mount a takeover bid on Tellit IMO you would have been paying �6 or �7 a share and now you would probably be successful for less than half this. Of course investing is always a Risk and this may go lower yet, but I still think a buy out is highly likely.

Oozi Cats sold 7million+ shares on reported RNS 24 May 2017 and agreed as part of the deal not to sell any other shares in Tellit for six months, and of course should he wish to sell when this period expires it will almost certainly be a private block sale off the books. My guess is Run Liang Tai are likely to act as brokers in any deal with a third party (likely Chinese competitor) wishing to mount a buy out, they only need a few more percent if combined with block held by Oozi Cats to secure the 30% level.

Must stop buying these so final tranche today at 145p, so now back at the level of shares sold at 320p, with average just below 160p or half. Took 4 years to build from 85p to 320p but trading on the way, but hopefully this one will be quicker as if I suspect Run Liang Tai are building their stake for an end game if Oozi Cats shares become available once his agreement expires and I am sure if someone offered him �50 million cash he would take it. In the meantime will now concentrating on building up my stake in HNR. GLA

Decided to abandon watching this one no real volatility or movement and invested all spare cash now in HNR anyway up 30% in a few weeks and IMO has huge potential. But good luck to all especially Yorkshireman for getting in at his buy in price but it never dropped to mine.

Understand the negativity and concerns on TCM been there saying as such myself, but you have to remember were this has fallen from 372p, and IMO the only way out for Oozi Cats is a block sale to a party interested in taking the company over and with Run Liang Tai building up a sizeable stake very quickly the company is vulnerable/ Have taken the opportunity of adding more today but as I have said before this is now a long term gamble on a buy out, but guess I am in a reasonable position having banked profits on this one in the past.

Have not looked here for a few weeks but see nothing much has changed share price still relatively static, made the right decision to switch investment into HN|R up 30% since switched. GLA.

Been invested in FPM for a number of years buying and selling at various times and have already taken out profit, have a good gain still in them, and in my terms a sizeable investment still in them But yes I like a balanced portfolio and have positions in a few other shares I consider more risky including HNR which IMO have potential,l but experience tells all will probably not come good that's why IMO it is wise to spread the risk. DYOR & GLA

Given the fact by then Faroe will have a turnover approaching 1/2 billion with IMO a bottom line of around 10%, my guess would be between 200p - 300p. Unlike HNR this one is less risky as oil quantities already found an they have an healthy cash balance but will take a few more years to achieve. HNR is more an immediate play.

Have added yet more today at just over 170p, bringing my average SP on the holding to 160p, think it is time to sit back on these now and see what develops over the next 12 months. So good luck to all nut signing off here until something dramatic happens, but still consider Tellit a long term buy, remember Oozi Cats agreement on selling shares expires in November.

Problem here I believe is that funds are running low, good to see a new CEO in place but time is not on his side to turn this one around, danger SP will sink lower IMO.

Thanks for the vote of confidence. But I think Algebris Investments, Run Liang Tai, and Lazarus are braver

Still sitting on the side lines on this one, but in the meantime have stuck spare cash into HNR. As you say on this one probably need more news at the moment not sure were the SP wants to go.

Purchased a few more shares this morning. Will on Tellt continue to add a few more shares as spare cash becomes available as believe should our former disgraced CEO Oozi Cats wish to cash in his chips and the fact Run Liang Tai have built up a sizeable holding in a very short space of time IMO the company is now highly vulnerable to a takeover bid and I am sure people like Davide Serra have reached similar conclusions. DYOR but believe Tellit is a long term BUY irrespective of short term Share Price.

Should have really added in last post ..... downward spiral at the moment but IMO is near the bottom Just to clarify.

Just taken a very small toe dip here 1000 shares, but will add as time goes buy my main investments are FPM built up over several years and HNR a recent investment like to concentrate on energy sector and this one although on a downward spiral at the moment looks like a reasonable investment longer term to keep adding as time goes buy. GLA

If recovers to over a pound or so in the distant future when US market established probably not really important whether purchased in at 35p or 38p, but I guess like you I set short term targets as all part of the fun. Would not risk my life savings on this one but looks a decent risk for a return long term IMO.

Decided to set Buy in target price if SP falls below 35p, although think this one could take sometime to recover but probably worth the risk on �5k or so and lock away but DYOR and GLA.

Who said 200p, post said well over but based on assumption of a takeover bid sometime in the future. Having already invested in this one from 85p to 320p and then again recently 148p to 199p not in any hurry for this one to come to fruition in the next few months, but cant see Run Liang Tai making this sort of investment for the fun of it or just a punt pretty sure they have a long term strategy but everyone to his own belief, as you know Moniman was quite negative on this one from its fall from 320p down to 100p but still think it is a target at this price.

Will we break and hold �1 level tomorrow, invested for the long term anyway can see it being 2 or 3 times higher when we reach 40,000+ bopd.