TGF 0.32% $1.58 tribeca global natural resources limited

Ann: Appendix 3C - Announcement of On-Market Share Buy-Back, page-10

  1. 105 Posts.
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    Just watched this at 1.5x speed: https://www.youtube.com/watch?v=B7EzA4BeHJA

    I recommend that speed. Ben looks as twitchy and uncomfortable as he is probably feeling right now. Also, it confirmed he has no idea about coronavirus impact - banking on Chinese stimulus and tight commodity supply while saying he has no idea what the virus will do in rest of world. Hello, this was on March 6th!?

    IT'S A PANDEMIC IDIOT - everyone knows that now. I called this to their attention on Feb 11th.

    There will be no V-shaped bounce. Energy portfolio likely smashed circa 10% in one day.
    - Top holding Worley down 20% today
    - 3rd top Oil Search down 35%
    - Teck, Yellowcake, Freeport and other overseas holdings will get hammered tonight

    Debt portfolio as yet seemingly not marked down a single 1% even though energy equities are down over 35%, credit spreads have blown out in their commodity/energy/shipping sectors, and they have a defaulter on the books already.

 
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