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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 capedcrusader on Mar 08, 2024 10:07am

Just bought in

Been watching this one closely. Under FMV according to Morningstar. With the NCIB I  think that this will easily get back over $1, so could be a nice short term hold. Longer term I will need to see a coherent strategy from the new CEO. Had to pay .84 and .85, but still think this is a good entry level.
Comment by longrun86 on Mar 08, 2024 11:59am
Welcome to the Board! For the record I also bought more shares earlier this week but I had a slight twinge of pain when I clicked on the "Submit Order" button as there is still quite a bit of risk. The catalyst to meaningful share price appreciation (aka getting this out of the ditch) requires a number of things to happen. Return Profile: The underlying assets must perform ...more  
Comment by capedcrusader on Mar 09, 2024 12:26pm
Agree with just about everything you said, and I can understand that twinge of pain. I owned this earlier and sold on one of the run ups. When it dropped below .80 though, it looked like a screaming buy. We will see. Some good opinions on here, and even a short seller! This should be fun (especially if they supporting the share price and they have a good investor call (which in fairness I'm ...more  
Comment by AndrewWiggin on Mar 09, 2024 2:24pm
I had rock solid faith in TWM until the CEO left and then the dividend was eliminated to buy back shares. It's got to the point where now I just want to break even.
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