TSE 5.50% $1.06 transfield services limited

You mean five cents down. Not so bad as five percent . . . I'm...

  1. 11,077 Posts.
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    You mean five cents down. Not so bad as five percent . . .

    I'm wondering how the energy sector exposure of TSE (Canadian mineral sands, CSG drilling) will go if Egyptian problems worsen. If the suez gets slowed down or shut down there will be an increase in energy prices, as oil will be stuck on ships for longer, and refineries in Europe may run short of oil.

    The price for Easternwell seemed a ripper, but I am not sure why the price was so (seemingly) low. At face value I think TSE is moving into good sectors.

    I'm happy to go long on weakness, and to watch from the sidelines until then. (Hoping it will go under $3 to be honest).

    Good luck to all holders.
 
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