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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Post by powermanon Aug 12, 2015 8:58pm
326 Views
Post# 24013278

Q2/15 Results

Q2/15 ResultsNot sure how excited investors will be about this report or the dividend cut to 8%. It is true that an 8% dividend was an attractive invesment at $1.50 sp. But I'm not sure that institutions will be regailing that 8% is still a good value at $.44.  

So if institutional investors are not buying, then are they holding and what is the number they are holding to achieve. It's just not happening right now, so I don't see any big buying or selling tomorrow. More contemplation, looking for opportunity. 

So are new investors being drawn to energy stocks? Are new energy investors being drawn to TBE? I'm thinking not so much, not right now and not because of this report. No momentum, no promise for the near future, no sale. I'm not seeing a lot on the buy side tomorrow.

So what about guys like me, not a big loss to get out right now, not much to hold me here in terms of growth, dividend is fair by comparison but other opportunities exist.  Only question is will the tax loss selling start before good results can improve sentiment and move the sp back up? Is the risk worth the reword to buy more.

We shall see tomorrow and in the next few days. DF
Bullboard Posts