OTCPK:TLSMF - Post by User
Comment by
shambanoon Oct 11, 2006 4:35pm
365 Views
Post# 11489569
RE: SOON 1 YEAR LOW.......
RE: SOON 1 YEAR LOW.......You guys are missing the point with TLM.
They will be gone within 1 year if not earlier. Once they sell or partner off their oilsands lands, and sell other North Sea assets they will become much stronger from a balance sheet POV. They are buying back shares almost daily, 500,000 shares per day and earnings and CFPS will rise as a result.
There will be major consolidation in the energy sector over the next 12-24 months.
TLM won't get much cheaper but there might be another drop in the next few months, but I think it's a great price to buy TLM with the expected transactions in their near future.
NG prices will start to firm up and if we have a very cold winter in Canada and NE USA, the storage surplus will decline rather precipitously.
Hold or buy is my advice to myself.
Cheers and GLA