Templeton Emerging Markets Income Fund T.TEI

Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.

NYSE:TEI - Post by User

Templeton Emerging Markets Income Fund > Twin Butte Energy, look it up. Still voting NO

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Comment by HRc60to65on May 01, 2020 4:12pm

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Post# 30977770

RE:RE:RE:Twin Butte Energy, look it up. Still voting NO

TEI without finance expenses, of 900,000$ per quarter, TEI is cash flow positive at 17.5$US WTI. Net back is 0.01$Can per boe.

When the WTI exceeded 17,5$US per boe, the cash flow is positive.

WTI at 19.79$US today, TEI net back is 2,29$US per boe or 3,09$CAN per boe or a cash flow 3 090$Can per day for the next 60 days it 185 400$Can or half the I3e low ball offer.

An increased at 0.365 I3e share per TEI share is a fair offer.

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