Cqs Rig Share Price - RIG
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Cqs Rig News, Charts, Forums & Trades
Real-Time news about Cqs Rig (London Stock Exchange): 0 recent articles
|gary1966: Could be an interesting day today for RIG. I nearly bought back in yesterday after you highlighting the monthly fact sheet Tilts. I guess it comes down to how much is going to be absorbed in shipyard fees and other expenses, out of the $82.5m. However I can see why they announced that there could be a material uplift as they are only included in the accounts at 5% of par value.
I do see that this was announced by Ramunia Holdings Berhad on the 11th and so I am surprised that there was not more reaction in the share price yesterday. Clearly this will be good for the dividend going forward as this is linked to the NAV at year end. Just a shame that the year end has just passed and so technically won't increase the payout until 2013. |
|gary1966: NAV storming presently. 20.79p now. Nice that the share price is responding accordingly as well. |
|andrbea: holding rns
seller done now?
up 4% now
Share price can resume its rise, hopefully, on the back of higher nav and rising oil price?
nia dyor |
|andrbea: good volume
don't be put off by the 'sell' column
could well be buys IMO
the same pattern all month (a full 'sells' column, yet a rising share price)
nia dyor |
The point I was trying to make with EET was that Arbuthnot did not fully explain what EET was invested in, and the possible problems. On the face of it the LTV looked attractive(at the time), but we were not prepared for the prepayments "timebomb".
I have been assured that there are no problems with the bonds that RIG invest in, but I was equally assured that there were no issues on EET despite the continual share price falls. I just hope that Arbuthnot are a better judge of RIG's investments than they were of EET's.
I'm not suggesting for one minute that EET are worth looking at, I'm just drawing a possible parallel.
As for the dividend, they have only gone x 1.98p, not 6.12p, so you can't blame that.
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