Share
597 Posts.
lightbulb Created with Sketch. 2
clock Created with Sketch.
20/01/17
17:20
Share
Originally posted by Nikec
↑
How many views has this forum had?
Let me answer that, a lot less than any other forum, TGS has a very small retail base and a lot of institutions have left .. The only real people who hold the shares is IFC, Todds, managers and a few other institutions and business that have a direct interest in seeing TGS perform well.
At the end of the day you are buying a business, the amount of shares traded a day does not even come close to the amount of shares held by these institutions.. Have you seen any change of holding announcments? No? because they are holding their shares, they are happy with the stake.
This is why no one is buying or selling TGS...
So answer this question for me.....If tomorrow one of those institutions sells off its stake for 7c per share to another big institution, what do you think will happen to the share price on the market?
It will jump up, just form us small retail mugs we would buy it up... but if not us, then the institution who sold it for 7c can go on market and buy back as much as possible. The point is, that is just one big buyer and one big seller, has nothing to do with us little people... TGS is so lightly traded its a joke. So dont get me started on the inefficiencies. Not one of those institutions have sold their shares.. why?
Expand
The 2016 report (guidance 2017) will show how happy the top 5 holders still feel.
But I think the top holders are interested to sell their stake asap just in case of the current cp... the circumstances on such a high cp wouldn't come again so fast..
Atm. I see a good chance for tgs to seek for some nice offers... glencore or the chinese...