Cabot Energy Share Discussion Threads

[25october1969] 23/3/2005 10:28

Dmhzx - you have me totally confused by your post - what placing???

[dmhzx] 23/3/2005 10:20

No point at all buying these till the placing price is Known.
City investors know Carbo needs money, and therefore have a huge incentive to push the price down as far as possible.
They took Screen down by 85% over 6 months, then got a further 40% discount, and now new investors own 90% of the company.
Trades in this one have all but dried up -- surprise surprise.

[jan-mar] 13/2/2005 11:34

i was lucky to get in at 10.9 and out at 13 before the news.

[dmhzx] 07/2/2005 16:33

The kiss of death on a share price is news that they need to raise cash for working capital.

This means a placing of some sort. Their nominated advisor will tell them that a rights issue is very costly, so insitutions will have to be approached directly.
This then means a HUGE discount to any sort of prevailing price, and consequently a massive dilution.

Best approach from here on in is for holders to get out now, wait till the placing is announced, and then buy on the resulting dip. As whatever the price is at the time, the placing price will be substantially less.



If you don't believe me, just check out the recent history of SEN. Mentioned they needed cash for working capital in June when share price was 6. price collapsed to 1.4, placing at 1p announced in December, price dropped to 1.1. It is now back up to 1.5. - An very quick 50% gain for whoever got placing shares. Don't see why this one should be any different.

(Actually, the best approach for holders is to dump the existing shares and then approach whoever is doing the placing and get on the list for some placing shares!)

[esrimeur] 07/2/2005 14:54

OK - Thanks, Roy.

[25october1969] 07/2/2005 14:40

totally unconnected- as of todays date I know no more than anyone else on this board of the future plans for the company

Hi spurious, thanks for the good wishes and glad to see you are still around

[esrimeur] 07/2/2005 10:34

Interesting to learn this AM that RM has in the past few days realised somewhere between £200 and £450k from diposing of IND shares to leave him with somewhere between 0 > 2.99%.

It may be totally unconnected to CAB's fund-raising plans; who knows??

[cortez] 04/2/2005 21:46

Re MW.

Of course MW promotes blue sky stocks. Yet he also emphasises stop loss. So isn't it obvious? Buy the tips and run the stop loss. As for his past record, if you'd done just that you'd be quids and quids in.

I'm happy to subscribe because I'm a realist. Alternatively, you could follow the Lemmings.

DYOR

[dusseldorf] 04/2/2005 17:59

I always try and catch falling knifes, but I'm afraid this case looks terminal unless they can raise cash somehow? - agreed avoid!!

[biomax] 04/2/2005 12:40

barge pole

[hjs] 04/2/2005 12:35

IMHO, I would not touch this share. One of my criteria is to look at cash and working capital ratio. They have big problems here so I would keep away.

[dell314] 03/2/2005 15:28

Madasafish - When you're bored, have a search for some of MW's old Mail articles. They're hilarious IMO.
Tipping any stock in a mass market newspaper is bound to make it rise. I'm not sure that protecting the profit with a stop loss makes the tip valid, if it is based on insane earnings forecasts.

Maybe, I am being a bit harsh but I do have a cynical attitude towards most tipsters...

Thanks for your views.

Cheers,
dell

All IMHO, DYOR etc.

[dell314] 03/2/2005 15:08

ticotronic - I have to agree with your view of the main players in the t1ps.com team, although I'm not sure that all of them are equally devious.

Rgds
dell

All IMHO, DYOR etc.

[ticotonic] 03/2/2005 14:52

Dell

I'm not accusing Conrad Windham of any impropriety.

Its horses for courses I suppose. I have made a fair amount of money from MW tips and I think he is very honest. I'm not impressed with the tips.com empire with whom CW is associated.

[spurious] 03/2/2005 13:40

Hi Roy. Hope things work out for the best Dont think you owe anyone an appology but typifies yourself as someone anyone would trust and feel priveleged to know both for your honesty and respected oppinion.....One of a diminishing band of lifes good guys. Speak to you soon
very best wishes
SP

[dell314] 03/2/2005 12:48

ticotronic - I don't know the chap(having merely read a few of his posts on here and TMF) but I'd be surprised if Conrad would be guilty of anything more than overenthusiasm and possibly allowing himself to be manipulated by bigger players..
Perhaps, you'd care to elaborate on your suspicions?

Personally, I think Mike Walters is one of the most appalling rampers that history has ever produced(take a look at many of the ludicrous predictions he made in the Daily Mail during the late nineties).
I also understand that anyone on his site who doesn't share the enthusiasm for site favorite stocks is rapidly tarred and feathered, or impaled on a large spike at the website gateway, so I'm not convinced that it is a shining example of communal integrity and free speech....

Rgds
dell

All IMHO(with some poetic licence)

[ticotonic] 03/2/2005 11:53

Difficult not to see this as a classic p&d. Additionally I am very cautious about the postings of Conrad Windam (a geography student, aka Mr K, Mr Kournikova) who tipped this (albeit with a not for widows and orphans rider). Don't forget that he is an associate of SC and LM and has made himself unpopular on the MW site (which prides itself on its integrity).

[jan-mar] 03/2/2005 10:51

is it worth another punt ????????????????????

[pugugly] 03/2/2005 08:29

25October1969:> May I suggest what the company may say based on comments I have received by Germans who have sold their Companies and retired to the South of France. .
Euro far to high therefore not competitive in export markets
German labour laws far too restrictive - unable to downsize due to union pressure/legisaltion.
A repeat of cash flow prssures.
Lower cost Chinese/Far East products eroding market share.

As always - Good luck and dyor.

[25october1969] 02/2/2005 18:55

Roomey- I posted on TMF regardin CAB and an extract from that post is below, sorry it is not more helpful.


First I have to say sorry to anyone who bought CAB as a consequence of my postings. Although in the postings I made it quite clear that I was not recommending CAB as a buy; for the record in one post I said

"First I would make it clear that this is not a share I would encourage anyone to buy at this stage"

I sense this may have been ignored and some people may have bought – here I feel a sense of guilt and hope I did not mislead anyone and you were fully aware of the risks if you did buy.

Second, I now find myself in a very difficult position. I have had a conversation with the company and hope to meet with them next week. However they are in a close period so clearly there is not much they can say, beyond what is in the Press Release. If they do tell me more, I suspect it will be on the basis it is for my ears only and they will not want it posted on a bulletin board and it may make me an insider. I suspect the only outcome will be for me not to post on the company at all as I do not want to be in the position of only telling half a story.

Roy

[jan-mar] 02/2/2005 16:34

empire

glad i got in and out...