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Bullboard - Stock Discussion Forum Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s):  TWMIF | T.TWM.DB.A

Tidewater Midstream and Infrastructure Ltd. is a diversified midstream and infrastructure company with an integrated value chain across North American natural gas, natural gas liquids (NGLs), crude oil, refined product, and renewable energy markets. The Company's operations include downstream facilities, natural gas processing facilities, NGLs infrastructure, pipelines, storage, and various... see more

TSX:TWM - Post Discussion

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Post by Tyee1989 on Dec 22, 2022 1:26am

Share price

The share price is getting so low compared to its peers that it wouldn't be a surprise if it were taken out. It's similar action to inter pipeline before it was taken out last year. TWM is even cheaper tho
Comment by pierrelebel on Jan 06, 2023 1:27pm
Last May my wife and I sold and took our profits at $1.45. Today we repurchased 20,000 shares at $1.00 (4.0% "tax advantaged" yield). We are patient and long term investors and expect to see $1.50 before the end of 2024.
Comment by Tyee1989 on Jan 12, 2023 4:47pm
$1.50 is very conservative by end of next year. Investing on logic is often overlooked. They'll be at .75 cents per share in ebitda this year. This stock should easily be 3 times ebitda and 5 times ebitda is more fair. $2 by year end is very realistic if the market does ok. If not, it may just be taken over as it probably the most undervalued stock on the TSX.
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