We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Touchstone Exploration Inc | 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 | |
---|---|---|---|---|---|---|---|---|---|---|
1.00 | 2.35% | 43.50 | 43.00 | 44.00 | 43.50 | 42.50 | 42.50 | 321,643 | 11:13:57 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 35.99M | -20.6M | -0.0879 | -8.53 | 175.66M |
Date | Subject | Author | Discuss |
---|---|---|---|
11/10/2018 07:48 | The debt is less than 8 months production at 2000 BOPD. | brasso3 | |
11/10/2018 07:47 | Hopefully they can pay off some of the large debt | letmepass | |
11/10/2018 07:38 | The market cannot keep undervaluing TXP when compared to CERP/ TRIN. | brasso3 | |
11/10/2018 07:36 | Impressive. | novicetrade68 | |
11/10/2018 07:30 | Onwards and upwards to the next milestone. Great stuff. | crooky1967 | |
11/10/2018 07:25 | Excellent! | che7win | |
11/10/2018 07:22 | 2000 BOPD! | brasso3 | |
11/10/2018 07:19 | Great update from Paul Baay! Well done TXP! | gabrieloak | |
10/10/2018 21:32 | I've pivoted heavily into O&G so I hope high quality O&G continue to outperform... | mr. t | |
10/10/2018 20:38 | Many traders favourites with extremely frothy valuations have taken a real hammering over the last few months: -35% Fevertree -40% Plus 500 -35% XLM -35% Die Roboter -34% Debenhams -33% Purplebricks -44% Zoo Digital -23% GVC Holdings The wider general market should benefit from having the froth wiped off the top. High quality O&G sector stocks have bucked the trend and provided a safe haven from the storm raging outside across the general market. | mount teide | |
10/10/2018 17:19 | cfc - well done! - i halved my remaining holding again following that post and now hold circa 400k at an average of 15p. Since last summer i've seen a six figure profit build and then evaporate quicker than morning mist as a result of that unexpected huge placing at a massive discount to the previous share price highs. Giving them until early in the new year to start rebuilding trust and generating some shareholder value - otherwise will look to move the remaining position elsewhere. | mount teide | |
10/10/2018 16:48 | "captainfatcat 26 Sep '18 - 12:48 - 2969 of 3126 MT probably a wise move on TRIN I feel the share price is going to trade side ways for a while with any rise sold into as placing money looks for exits. Also a head and shoulder chart pattern looks ominous, should it play out sub 15p looks likely." ------------- Nice to call it right once in a while. | captainfatcat | |
10/10/2018 14:53 | L2: 4 v 1 / 19.0p v 20.6p ( 3 MM's moved up to join Peel on the Bid in the last hour ) | mount teide | |
10/10/2018 12:50 | Look East to the ultra high population Nations of SE Asia, China and the Pacific Rim if you want to see where all the O&G consumption growth will continue to come from over the decades ahead. Global / Regional Oil consumption 1965-2017 - 2018 BP Statistical Review of World Energy United States consumption is 3.5 million BPD higher than in 1973, which amounts to growth of just under 15% in 45 years. Demand in the EU has declined by 13% since then. But demand in the Asia Pacific region climbed from 9.1 million BPD in 1973 to 34.6 million BPD in 2017. This huge increase in demand is the primary reason the global demand curve has marched steadily higher. Of course, Asia Pacific is where most of the world's population lives - therefore demand growth is being driven by billions of people who use a lot less oil per capita than the US, but whose per capita consumption is not only rising but rapidly accelerating. Chinese demand has increased by 5.0 million BPD over the past decade, by far the most of any country. But Chinese per capita demand is still only 3.3 barrels per person per year. The US consumes about 22 barrels per person per year. That is partially a result of a more mobile and affluent population, but US consumption also drives a much larger economy. To put the current US demand in perspective: if Chinese per capita demand were as high, it would be nearly as great as the entire current global consumption. In second place for the largest increase in oil demand during the past decade is India, which has seen its demand increase by 1.7 million BPD and whose growth is forecast to overtake China over then next decade. Third place will probably be a surprise to many - Saudi Arabia has increased its oil demand by 1.5 million BPD during the past decade. The largest decrease in demand over the past decade was in Japan, which saw oil demand decline by 1.0 million BPD. Second place will be another surprise, as the US saw oil demand decline by 800,000 BPD. Italy was third with a decline of 493,000 BPD, while the entire EU saw demand fall by 1.7 million BPD. So, all the demand growth in oil over the last 30 years has come from the ultra high population Emerging Nations - the EU, USA, NZ and Australia collectively only account for 12% of the global population and this is forecast to fall to just 8% by 2030. And the good news for O&G and copper investors is that the demand growth from these regions is still in the foothills due to its very high population, very low but rapidly rising consumption per capita compared to the West and need to reduce its energy generation reliance on high polluting coal for health reasons. | mount teide | |
10/10/2018 09:09 | We could be due one either tomorrow or next week as that will be 2 months after the last one. | crooky1967 | |
10/10/2018 08:42 | Operational update would be timely to reinforce positive direction of travel. Brent at $85… | highly geared | |
10/10/2018 08:36 | RNS at CERP this morning. Still a long way behind TXP. | brasso3 | |
09/10/2018 12:52 | Sold a few this morning to top up in SQZ but still holding a decent amount 8-) | captainfatcat | |
08/10/2018 13:30 | Most people seem to be buying here, in contrast I sold 65k here Friday at 21p. The market is quite volatile, but I do like TXP so will retain a sizable holding. | che7win | |
08/10/2018 12:48 | Hi All, Just touching base here as have been watching TXP with some interest over the last 6 weeks...in it's own right but also in light of your drilling campaign / progress reading across to Trinity's on a sector / geographic basis. I remember PB commenting as follows a while back: "The rig completed at our eighth well recently and should be moving off in the next week. That will free us up to get the service rigs in and ramp everything up, getting us to where we need to be. Hopefully, in mid-September, we will be through that 2,000bopd range, and once we have two weeks of production at that level, we will put out an update with more details. We still hope for our exit rate to be 2,100bopd this year." Fingers crossed this happens...though we are nearly Mid October. G | gabrieloak | |
06/10/2018 21:49 | Mr T - interesting comments. Long term buy and hold investor Warren Buffett famously stated he liked to buy shareholdings in S&P 500 businesses with economics "so good they could be run by an idiot - because one day they probably will be!" With regard to 'Quality and growth potential of the the assets/business' in the commodity sectors: Our first hand experience and research over the recovery stage of previous commodity cycles revealed many small/med cap businesses in the Industrial metals mining and O&G sectors with potentially great assets and outstanding growth prospects in a rising commodity price environment, went on to realise much of that potential - in most cases we considered it was probably due to inept or relatively inexperienced management. 'Combine a great management team with a business of poor economics, and it is the reputation of the business economics that’s likely to prevail.' What Warren described perfectly there is the long post peak stage of the commodity/shipping industry cycle after the product supply has grown far faster than the growth in demand resulting in tightening markets leading to a large oversupply situation - with an all too predictable impact on product pricing. In such circumstances it does not matter how great the management team are when the spot charter rate drops from $240,000 a day to $2,800 a day for a Cape size bulk carrier and stays at a level for 5 years many times below the break even operating cost , without any contribution towards statutory surveys, maintenance and finance payments - typically 80% of a new vessel is funded by finance. The result is the near total destruction of the equity value of these companies - between 2010 and 2016 every quoted bulk carrier company on the US exchange either ended up seeking Chapter 11 protection wiping out shareholders equity or saw an average 98% loss of equity value. It was little different in the industrial metals sector - titans like Glencore saw the loss of 85% of its equity value, its dividend suspended and then shareholders were heavily diluted by a massive placing to raise cash to strengthen its balance sheet. The O&G, Shipping and mining sectors are true boom and bust industries - the little understood secret of the recovery stage of each new market cycle of these industries( average cycle length is 15-18 years) is that the equities almost without exception significantly lag the recovery of the price of the underlying commodities for the first 2-3 years following a cycle bottom - providing in this cycle investors with the opportunity some 2.5 years following the last cycle bottom in H1/2016 to still get in at say the 5 floor of a 42 storey block of offices under construction. AIMHO/DYOR | mount teide | |
06/10/2018 20:23 | Mr.T, thanx for sharing and the heads up, very much appreciated, best of luck with this, cheers Wan | wanobi |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions