Tidewater Midstream and Infrastructure Ltd T.TWM

Teal Linde - BNN - DON"T BUY

[Possibleidiot01]

DON'T BUY

Tidewater Midstream and Infrastructure Ltd(TWM-T)

13/02/2024

 

He owned this for 6 years, exiting when the last CEO left. They just cut their dividend. He doesn't follow the stock now.

gas pipelines

 

$0.860

Not owned

[goodbuddy]

I watched market call, Teal definitely held back from saying what he actually thought of this company. Held onto TWM for six years years and the stock couldn't find any tractons. Teal could of explained with some detail about what he thinks where the money could be used for from the sale of Pipestone, but I don't think he wanted to spend anymore time on this company that can't find

[goodbuddy]

Q3 report shows a minus $0.13 loss on net income and it looks to land in the range of $0.18 YTD loss for net income or in dollar terms, about 75 million loss. Some people seem to think for a growth company that investor don't care about net income. Well, I will say this, CASH is like OXYGEN for a company, no CASH, no OXYGEN, it is pretty much that simple.

[Tyee1989]

Goodbuddy you must be very short on this stock with some of the ludicrous things you say. Last year was a one off year of maintenance and unfortunate events. They just sold part of the business for $665M. The current market cap is $380M with no debt and $40M in cash. This company is easily worth $900M when you include LCFS 69 percent ownership. Your rediculous $.50 prediction makes you look

[goodbuddy]

Today, Tidewater hit $0.83. I was 33%  into my 48% decline which I posted on January 2, 2024. Now, after todays trading I'm 40.45% of my into my 48% decline. I never thought it would happen so quickly. My guess we will see more asset shedding and maybe a news release saying no NCIB. Like a movie, sit back and have some popcorn while this plays out!!