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.

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Templeton Emerging Markets Income Fund > Chandler

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Comment by Tony97on Jul 03, 2020 1:21pm

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Post# 31221285

RE:RE:RE:Chandler

Deerabby,

your fond of calling people with opposing views shills - have you stopped to consider you may be wrong and that Toscana is not worth very much in the current environment.

I3E for example has potential STOIP of 300M bbl close to existing infrastructure. You put a standard metric against that such as $3 or $4 a bbl and you have a potential valuation of about $1B. I3E currently has a market cap of £6M with about £2.4m in cash as of end of May. HRC keeps on talking about the value of the tax pool - it's worth zero unless you make profits.

Weve all seen Toscana's 1st quarter results - not great including production shut down to about 800 bbl / day. 2nd quarter results are likely to be much worse as the oil price was much lower including negative at one point. 3rd quarter results are likely to be worse that 1st quarter as the average oil price looks like it will be lower and production is likely to be lower.

sorry but those are the facts and it does not make me a shill.