PPGPL IPO...

[DVSTT]

How does the Venezuela gas deal affect Ppgpl?

[PapaC]

It could be good. But too far out or too little information to try and guess that.

[snatman]

T&T NGL Limited (TTNGL) has announced that approval has been given for the additional sale of shares to the public.

In a published print advertisement the company said: “At a meeting of the board of directors of TTNGL, held on May 17, 2017, the Directors approved the additional sale of 40,248,000 Class B shares in TTNGL, owned by NGC.”

However, in the May 10 mid-year review, Imbert said that the government would instead be seeking to raise $800 million from the sale of 40,248,000 TTNGL shares. That implies a price of roughly $20 per share, which represents a 10 per cent discount to the current market price of $22 per share for TTNGL.

[russian123]

APO Shares on sale. wa we go do

[supercharged turbo]

Any self-employed persons have brokerage accounts and what are the requirements?

[snatman]

In other stock market developments, ANSA McAl now owns Berger Paints.
As you may know, they also control Penta as well as Sissons.

[drchaos]

monopoly on blocks and paint.

[snatman]

Petrotrin uncertainty facking up the market. Prices tanking all week.

[PariaMan]

Hey low prices are opportunities to buy ask a certain gentleman named Warren Buffet

[snatman]

Where are the promised US$ dividends?

steups. I make all variety of plans for my non-existent U.S. dividends

[snatman]

NGL 6mth profits gone down by almost 50%

Oil dead, now gas dead... we go dead

[neilsingh100]

They have enough cash on the balance sheet to keep paying dividends at current level. Hopefully that should hold investors over until production and price increases.

[zoom rader]

NGL 6mth profits gone down by almost 50%

Oil dead, now gas dead... we go dead

Not really, its pure manipulation

[snatman]

They have enough cash on the balance sheet to keep paying dividends at current level. Hopefully that should hold investors over until production and price increases.

I foresee $23-25 share price after 6mth dividends are paid out

[snatman]

NGL 6mth profits gone down by almost 50%

Oil dead, now gas dead... we go dead

Not really, its pure manipulation

Shale oil and gas tek ova bruh,

oversupply with no increasing demand

[snatman]

check that Natural Gas price chart!

[neilsingh100]

Screen Shot 2019-08-14 at 2.44.15 PM.png

check that Natural Gas price chart!

Price of NGLs (propane, butane, etc) is more correlated to the price of oil than nat gas.

[pugboy]

Doh frighten too much
A lot of critical govt investments are in ttngl
E.g. Nib

[snatman]

Screen Shot 2019-08-14 at 2.44.15 PM.png

check that Natural Gas price chart!

Price of NGLs (propane, butane, etc) is more correlated to the price of oil than nat gas.

Propane just as bad, maybe worse

[snatman]

Back down to $26...
I expected that this would happen AFTER dividends were paid out, not so soon.

I expect $23 to be the short term support area. We'll see

[PariaMan]

well i sell at 28.50 when its right i will duck back een

[Ragnor]

The company is valued around 22 dollars

https://valuecritic.com/NGL/

[neilsingh100]

Small investors selling nothing to be worried about. Will buy some more if it ever reaches $22.

[Rockram]

Company has a great cash position, don't know if they will continue with the regular Dividends payments with eps down.

[snatman]

down to $24

[pugboy]

Where the panic button

[PariaMan]

no panic on my side i sell at 28.50 waiting to buy back

[Rockram]

I jump out at 29 when brooks dive out.... But fluctuations is the nature of the energy sector...remember earlier this year things was looking bright.. Dragon gas deal and USD dividends would have pushed demand and subsequently the share price up.... How things change.

[rebound]

Waiting for 22 with sharpened claws

[snatman]

$14.80 and dropping fast...

Down +50% from last year's highs