Cadogan Energy Solutions Share Discussion Threads

[simon_64] 18/4/2013 15:39

Potts

No mate bought in for 1st time this week.

[potts650] 18/4/2013 15:08

surprised, you havent much experience of Cadogan then.

[simon_64] 18/4/2013 15:03

Surprised no update to say the cash has been received.

[edward3] 17/4/2013 19:32

Nothing today so tomorrow morning it must be then....:-)

[webshares] 17/4/2013 09:42

End of the day or tomorrow morning I would imagine

[edward3] 17/4/2013 08:16

"This agreement has been reached on a commercial basis and upon completion, expected to occur by 17 April 2013 following satisfaction of various conditions precedent"

Has it been completed....

[brando69] 16/4/2013 15:15

looking at level 2, i'd say it's getting stronger and stronger

[brando69] 16/4/2013 15:14

well i just bought another 31,000 odd for 15.99

[edward3] 16/4/2013 15:03

Heres hoping for another RNS in the morning confirming the sale and proceeds,


At 16 November 2012 the Group had current cash and cash equivalents of approximately $42.7 million
proceeds of the sale of the gas plants 29.5 million = $72.2m exchange rate of 1.53 = £47.2m current market cap £37m .....how much can we say for cashburn from 16th Nov to todays date 5mill = Way undervalued...

[stockpic] 16/4/2013 13:31

Eye spy with my little eye, 16.25p will be broken through!!!! :-):-).SP

[brando69] 16/4/2013 13:23

some decent buying going through now

[stockpic] 16/4/2013 11:10

...pocket change volume at the moment.

What is interesting, is the last time CAD traded above the 200MA was back in October 2011 at just over 40pence.

Since then it has been bearish.

If the volumes kick in over the next couple of weeks and it closes above this 200MA with higher highs, and higher lows, the lastest 20million trade will become apparent.....!!!!

Clear 16.25pence this week, and i can see this being in the high 20p's very soon.

Long and strong with CAD.

SP

[brando69] 16/4/2013 10:54

no real volume as yet

[stockpic] 16/4/2013 10:19

16.25pence!!!

Current Price = 16.25p
Todays low = 15.00p
20MA = 14.04p 16%
50MA = 13.22p 23%
200MA = 16.25p 0%

52wk low = 9.15p
52wk high = 34.75p

Smack on the 200MA.

Will be looking for a close above 16.25pence today, and keeping a close eye on the volume.

SP

[webshares] 16/4/2013 10:16

I would tend to agree oli but the fact that they appointed a broker, and now with this news confidence may return. We just need as alway with this company some news regarding operations. Well end I year results in a week or so, perhaps they will shed some light then. And we'll see where we are cash burn wise as I'm worries about that also

[simon_64] 16/4/2013 10:11

Oli

I read through the last years RNS'S and the relevant posts on the thread and decided to dip my toe in for 21k odd.

This does seem seriouly undervalued IMHO.

[oli12] 16/4/2013 10:01

Its nice to see all the old names here - its like the thread has awoken. There cannot be too many PI's left as around 75% of the stock is held by the select few. One thing that worries me is we could be taken private due to cost of listing and lack of trading activity (the last few weeks has been pitiful).

[stockpic] 16/4/2013 09:50

...great news this morning.SP

[simon_64] 16/4/2013 09:43

Just picked up a few for a six month punt.

[brucie5] 16/4/2013 09:36

Well, goodness gracious me - been a long time a comin'. Cash rich, but as you say, Oli - what is the value of the underlying assets, let alone the credibility of the co. in monetising it..?

[oli12] 16/4/2013 08:50

It will be interesting to see if anyone wants to try and take advantage of this now - like over at 3 Legs a return of cash to long suffering holders or a take over. The sad truth is the cash is our biggest asset.

[webshares] 16/4/2013 08:46

Also I wouldn't call this a spike just yet.

[webshares] 16/4/2013 08:46

I agree Brando, they must have a plan with what they want to do with this money when they receive it.

[brando69] 16/4/2013 08:40

20m into the pot for a 30m market cap company is obviously going to move the share price, and so it should... but unless they use it to exploit some assets the price will just drift back after the spike

[webshares] 16/4/2013 08:38

As oli12 said it may have been an end of year thing to cover losses