Touchstone Exploration Share Discussion Threads

[qs99] 13/10/2017 08:09

bit of a boom opening

[che7win] 13/10/2017 08:09

Id love to know what they are buying that is less than 1/3rd of true value IMHO.Beggars belief.Brakes should come off as you say Jung.

[jungmana] 13/10/2017 07:28

Sleeven, i check on lse . They always give the date the time of delayed trades

[sleveen] 13/10/2017 07:25

Jungmana,

How do you know it is a sell from Tuesday, is there a database somewhere?

TIA.

[jungmana] 13/10/2017 07:10

Rns out . City financial are the sellers. 2,5m left as of Tuesday and Imo if they are selling out should be done by end of today. Shackles off and we can move freely.

[jungmana] 12/10/2017 22:49

Is a sell from Tuesday

[kingkongtimmo] 12/10/2017 22:20

Big delayed trade printed

[wheniamfree] 12/10/2017 21:48

Consolidation at 12p before lifting off again, the upside here offers a fantastic return even on today’s figures.

I will be buying again tomorrow.

[zengas] 12/10/2017 19:59

29p valuation and that's at a big discount to peers especially with more reserves/production than CERP.

[jungmana] 12/10/2017 16:00

Thanks for that link. Shore capital us at 29p right now. That's good for starters

[wheniamfree] 12/10/2017 14:33

Just out

[...]

[mount teide] 12/10/2017 10:53

If TXP deliver their 2,000 bopd production target over the next 3-6 months and oil stabilises in the $55 - $60 range, then a share-price of 35-40p would not be unreasonable - particularly since next year with the commitment drilling finished, they will be free to target the high potential locations within the blocks with their proposed 10-20 well drilling campaign.

[someuwin] 12/10/2017 09:22

Looking for 20p+ before long.

[jungmana] 12/10/2017 08:52

I added 20k shares this morning. That's my last lot :-)

[shrewdmole] 12/10/2017 08:38

Jungmana

I'd have to agree with those market caps tbh.

Pretty accurate based on production and reserves.

S

[mount teide] 12/10/2017 08:23

L2: 2 v 1 - 12.25p v 12.5p

[brasso3] 12/10/2017 08:20

Nice start

[jungmana] 12/10/2017 07:16

Imho fair valuation for the 3 today based on production, profits, reserves, cash, and debt should be about ;
Trin £100m (35p)
Cerp £20m (3.3p)
TXP £40m (39p)

[sleveen] 12/10/2017 06:54

Yes, but is CERP substantially over valued.

A lot of hope value in the CERP market cap.

TRIN is a better yard stick IMV

[wheniamfree] 12/10/2017 06:44

TXP should actually be valued above CERP shouldn’t it?

[jungmana] 11/10/2017 22:27

Can't believe CERP is valued near 4 times TXP. We will have to close the gap soon.

[mount teide] 11/10/2017 21:32

Closed at 19 cents(11.5p) in Canada - up 3.5c/22.5%. Volume:1.86m.
Current market cap £11.5m.
52 week high: 20 cents(12.1p).

[jungmana] 11/10/2017 13:19

Polar asset management partners 14.3%City financial investment company 6.7%John Wright (chairma) 4.6%North Energy capital 5.1%Baay (The CEO) 2.4%Are the largest shareholders as far as I know in September.