||EPS - Basic
||Market Cap (m)
|Oil Equipment Services & Distribution
Cape PLC Share Discussion Threads
Showing 4901 to 4924 of 4925 messages
|great contract news - this is a company on top of its game.|
king kong dong
|Possibly -but the main thing likely to drag it down is the legal situation.Without resolution that will act as a bit of a dampener. Otherwise it looks in fine shape.|
|Can this do a FENR and climb 100p from here|
|Henderson Group plc > 5%|
|Canaccord Genuity Speculative Buy 179.00 220.00 230.00 Retains
Numis Buy 174.50 270.00 270.00 Reiterates|
|Malc's has a Positive posting today after the news.........
The Oil Man: Oil price -By Malcolm Graham-Wood | 5th January 2017 - 12:20
Cape (CIU) clearly put the burners on at the end of November, I have just re-read the trading statement of 18 November in which trading was described as being "slightly ahead of expectations". According to today's update trading is now expected to be "materially ahead of expectations" due to "Additional work scope awarded at the Chevron-operated Wheatstone natural gas project" and to be fair a strong performance in Asia-Pacific.
The company has also felt able to say that: "This improvement in performance is supported by strong cash generation with a consequent positive impact on net debt". Only the good lord knows what might have happened by the time of the results which are coming out during the Cheltenham Festival.
Cape remains one of my top picks, like most followers I was rather put off by the announcement about the insurer PL industrial disease claims situation, which appeared to worsen last year and the company had to admit that the worst case scenario might threaten the divi - there is nothing in today's release about this.
If one can put that to one side it is clear that the excellent management team continues to deliver and then some and in what has been a difficult environment has come through with flying colours.|
|Yep - still less than 6x earnings by my reckoning, with new contracts meaning better growth prospects. Aviva court case begins this month I think, so hopefully more visibility there as well soon.|
|There was a reason for the breakout and large trading yesterday, news were around of today's delivery of such a good news.
On the chart now the next target is 220p and still will be very cheap|
|great update IMO have bought in on the back of it....|
A couple of large trades at 150p resistance point has finally done the job and share price has moved forward|
|With today's rise the candlestick chart has signal a BULLISH ENGULFING
and this is an important bottom reversal signal.|
|Manipulation by the end of the day, wonder by who, the order book went very weak all of the sudden despite good size buys and even later once again shortly before the close there was some good size buying all paying premium to offer price, so at the end of the day was not strange, the UT was 1p higher than the closing spread.
6.5K @ 143.50 UT|
|if oil services tickle your fancy
now that's a company going places.....|
|Are we all still waiting....|
|He who dares Rodney....|
|Buying into a share with potentially large legal claims of unknown size seems quite brave to me..|
|£10m is only one claim. I'm reading there's two claims - £10m provided for is re Industrial 'EL' claims. the second - Industrial 'PL' claims (Product liability) is the other that they cannot accurately estimate, and it is this one that leads them to say it may impact strategic plans and ability to pay dividend - which i guess reads potentially very big!!!
I suspect its going lower before it bounces back....|
|With that litigation the sensible thing is get out|
|How much could they actually stand to pay out if they lose. Article suggests £10m,but £30m wiped off the mkt cap today alone!!! Even if worse than £10m, it does look like a lot of this is now in the price.|
|I think I'll hold on at this level. Fortunately I reduced at about £2 in September, but feel like this might be a bit overdone.|
|I've topped up. Think the fall is an over reaction, the directors did state in the RNS that they don't feel the need to make a provision at this stage and they believe their defence is strong.|
|I'm out. Tried to sell first thing at 169 but TD kept falling over and finally got out at 159. I take the view that this litigation will overhang the company for some time to come and could see the shares move even lower. I was here mainly for the yield, but with that under threat I see no reason to stay invested. Take the hit and move on.
|Ouch!! Figs ok, but litigation issues looking increasingly complex, with a first mention of potential divvy effect! Stock price behaved accordingly!! This is indeed a well run Company suffering some bad luck in their markets and legacy issues, but likely to be a long term recovery story, rather than a short sharp bounce IMO.|
|These look a tad over sold today|