Tidewater Midstream and Infrastructure Ltd T.TWM

New presentation

[fauxtomato]

https://www.tidewatermidstream.com/documents/259/TWM_Investor_Presentation_-_February_2022.pdf

The news of PPL+KKR+SemCAMs combining into a monster gas processing firm would have benefitted TWM I thought. It's a competitive business driven by operating costs and cost of capital: TWM leaks a lot of money in the jump from EBITDA to DCF due to high capital costs.

Frustrating holding, maybe something happens as the renewable diesel facility derisks.

[fauxtomato]

The buyout of REGI yesterday (a bio-diesel and renewable diesel producer) at a large premium and the PPL-KKR-ETC news yesterday (WCSB gas processing) would have had an impact on TWM I thought. That's their business, in two major, adjacent transactions.

[Cdnmate23]

Also a BNN bump today, along with EverGen.  This has been under the radar for a long time, as those of us who have held it for years can attest to.  Agree with your post, regarding the similar sector mergers this week, tidewater is in a comfortable place and this is a safe play with yield and further upside that will eventually be realized.  GLTA.

[fauxtomato]

https://www.bnnbloomberg.ca/market-call/varun-anand-s-top-picks~2393583 Thanks for this! Nothing new. I think we're stuck waiting for the renewable diesel facility to begin operations. The Pembina gas processing deal provides a good floor to valuing Pipestone. I'm going to forget TWM for a while and look in a year. Take the current EV, subtract what Pipestone is reasonable worth, what

[firstworld]

I heard TWM getting into PMC business with government subsidies of $500M to assist the WEF and UA Neos try and win against a 20/22st century undefeated force that defeated last Nazi regime. They plan to use all the new Candians on the ground to confuse the opposition LOL The awardees get a 15 % kick vback to JT Adolfs foundation in the Carribian hahaha. Why is this share going nowhere for years

[FatherJack]

I've loved this company for a few years.  The only negative is the high debt/equity ratio but the long term debt has been reduced by about 25% in the past year so I have no worries.  The best thing about TWM is management successfully executes all their plans and you can't say that about very many companies.

[firstworld]

Low expectations lol check out AOI 28 ppl generating $300-400M profit in 2022! That's sucess!