all fair. agree - jimmy;s numbers are in line with what we;d put up before. he;s come to the party late and so missed or misunderstood our discussion on dilution risk and funding options - which said what he said, split down the line only of those who think sp moves up before a raise or after.
but always good to see another brain trying to tease out new angles
btw croasian - youll recall i was pushing you to look at tk in the US
pulled back on technicals last night (exceeded bollinger high and hit 11.50 horizontal resistance). so if you arent in already the 10.40-50 mark is a great entry point
shares similar flavour to MRM but superior opportunity because of US postiioning, diversified lng pipeline/tanker/transport
+ (and here;s the thing of real beauty)
headstock earnings have been artificially supressed by its use of lng division's divvies for capital investment over past 18 months - which is now stopping.
so divvies from the subsidiary will now start rolling back into the parent co - big rerate underway
imo
strong buy TK
buy MRM
MRM Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
