Share Name Share Symbol Market Type Share ISIN Share Description
Touchst EX Di LSE:TXP London Ordinary Share CA89156L1085 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.625p -4.24% 14.125p 14.00p 14.25p 14.875p 14.125p 14.875p 1,365,315 09:32:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers - - - - 14.57

Touchst EX Di Share Discussion Threads

Showing 1101 to 1123 of 1125 messages
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
DateSubjectAuthorDiscuss
22/10/2017
11:28
This is not even close to the booked value in the ground let alone the production coming from the field - in comparison to TRIN we are now valued at less than a quarter of their MCAP.
wheniamfree
22/10/2017
09:21
Just watched the whole presentation. What's not to like? Steady increase in production, cash flow positive already, re-rating started, only possible downside is oil price which looks ok in short to medium term.
deeppockets
20/10/2017
08:27
Mega RNS from ZEN this morning..looks like they could have a couple of gusher wells on the way..To say the COO is well excited would be an understatement!!!!
grannyboy
20/10/2017
07:46
That should drum up some interest, line them all up and spot the bargain.
wheniamfree
19/10/2017
23:39
Https://www.weare121.com/121oilgasinvestment-london/conference-day-1/ TXP, TRIN and CERP presenting on the 30th - 31st Oct.
brasso3
19/10/2017
22:40
Today ended well, no strong sell off and a new level is placed. The strong hold makes way for a new move up - the next leg will come there is too much here for too little value. It will get priced fairly, it is more likely to overshoot now than stay priced at a discount. I will go with 30p region achieved with ease.
wheniamfree
19/10/2017
17:53
John It's had a very fast rise it just needs to take a breather and the correction (as that what I see it as) will continue. Broker note at 29p and far more upside over a 12 month period. Remember Trin believe the tax changes that are expected could be Rns able alone so the economics of all t and t oilers could improve overnight! I'm in both and both seem massively undervalued but as we stand today on a pro rata basis txp is more undervalued. As pointed out by zengas Trin is a bigger beast so will always have a bigger cap but the discount to value is greater here. Sm
shrewdmole
19/10/2017
17:53
John It's had a very fast rise it just needs to take a breather and the correction (as that what I see it as) will continue. Broker note at 29p and far more upside over a 12 month period. Remember Trin believe the tax changes that are expected could be Rns able alone so the economics of all t and t oilers could improve overnight! I'm in both and both seem massively undervalued but as we stand today on a pro rata basis txp is more undervalued. As pointed out by zengas Trin is a bigger beast so will always have a bigger cap but the discount to value is greater here. Sm
shrewdmole
19/10/2017
17:14
thanks for webcast when.
trapissed monk
19/10/2017
14:15
Excellent webcast. Still a fair few traders and stale bulls to get out of the stock.
john henry
19/10/2017
13:17
I actually sold half my trin holdings about 19p last week and added significantly here at 9p and 9.4p once I saw the increase in volume. The timing worked well for me.
jungmana
19/10/2017
13:05
I agree. That's why right now I have more money in txp than trin as this one is more undervalued.Both should continue the rerate to fair valuation.
jungmana
19/10/2017
13:01
Don't misunderstand me. I don't believe TXP should be valued at or more now than Trin. It couldn't. What i'm saying is TXP should be closing the valuation gap over the next 2-3 quarters of where Trin is currently - ie valued at £54m today (compared to £15.5m for TXP) which would be a 52p target for TXP. Meanwhile Trins programme/growth should also be moving ahead over the next few quarters and likewise increasing its own m/cap value in turn. I've always believed Trin was undervalued since the earlier part of the year and has only recently started to fulfil some of that. Likewise I expect TXPs value to be realised with patience just as Trin investors have had to be. In turn you have to look at how far both can go from the next phases. I keep in mind when a company get's to significant production and stronger valuation, it then has the ability to add assets, either production or exploration or a combination of both to aid further growth as well if an opportunity arises.
zengas
19/10/2017
12:42
Zen - am in both Trin and TXP. Though we are undervalued today but trin should be valued more than us.Trin currently produce 2600bopd and target 3000bopd by year end.They have near $12m in cash and expecting shortly another $4.55m from sale of a non core asset.Even when you compare netbacks, reserves, debts etc trin should be at least 70% valued more than txp.Imo right now fair value for trin is about 34p (£100m) and TXP 39p (£40m).
jungmana
19/10/2017
12:39
Zengas, and TRIN is rising too as it rerates. Could be a 4 bagger from here in 12 months, think that presentation will makes the market sit up - 10 year drill programme - 208 wells, accelerating under any tax changes. Potential is enormous IMHO Deeppockets - they are cash flow positive now.
che7win
19/10/2017
12:39
What is the approx Bopd needed to become profitable for the company, after which profits should grow steadily as they add more!
deeppockets
19/10/2017
12:35
2018 Drilling programme - up to 20 wells ALL to be drilled down to the untapped deeper targets and 24 well workovers. If as management expects, the 20 wells go on to collectively perform in line with the recent four drilled into the deeper targets at circa 80 bopd - that suggests a potential further 1,600 bopd of further production on top of the circa 2,000 bopd target after these next 4 wells! Never mind the 2,000 Bopd by 2018, it could well be above 3,000 bopd by the end of 2018, and ALL SELF FUNDING!
mount teide
19/10/2017
12:09
Working now
wheniamfree
19/10/2017
12:00
4 wells by year end to be drilled and might run into the first few weeks Jan. Sites already being prepared. Says he is expecting the 2,000 bopd target in Q1. If so and then when you add in the continuous drill programme, they could add significant production beyond that Q1 figure. Lot's of low risk drilling and untapped deeper targets to potentially add reserves. With todays Q1 target of 2k bopd, surely now much closer to narrowing the valuation gap over the next 2-3 quarters to todays £54.4m valuation of Trin at 19.25p. Would give a share price target of 52p.
zengas
19/10/2017
11:53
Looks like VTM have messed up the webinar I’ve contacted them to get it corrected
wheniamfree
19/10/2017
11:33
Webinar available HTTP://www.valuethemarkets.com/index.php/2017/10/19/exclusive-touchstone-exploration-ceo-paul-baay-presents-shareholders-txp/
wheniamfree
19/10/2017
10:49
Taken a few more this morning.
wheniamfree
19/10/2017
10:29
Thanks che7win.
sleveen
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
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