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Share Name Share Symbol Market Type Share ISIN Share Description
Cairn Energy LSE:CNE London Ordinary Share GB00B74CDH82 ORD 231/169P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.50p -1.49% 165.70p 166.30p 166.60p 168.00p 164.70p 167.90p 746,966 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 321.7 -992.7 -153.4 - 976.83

Cairn Energy Share Discussion Threads

Showing 15001 to 15025 of 15075 messages
Chat Pages: 603  602  601  600  599  598  597  596  595  594  593  592  Older
DateSubjectAuthorDiscuss
11/3/2019
08:44
Dunderhead "They may have been mktg informally but certainly never an open data room?" How would you know? I've not heard that a data room is open, but you would have to be in NV to know what's out there.
frazboy
11/3/2019
08:43
it probably means it's less clear cut "due to the number of procedural matters that had been brought before it since the August hearings" bit ambiguous that, i wonder what these procedural matters are. odd for them to occur at this stage.
frazboy
11/3/2019
08:42
Frazboy. They may have been mktg informally but certainly never an open data room? Wtgr it is pretty simple economics. Wait until govt. Approval / FID and the asset is worth significantly more. This is supposedly a very very robust find and field with further upside in the FANS? Results soon and hopefully we will find out more then? All imho and dyor.
dunderheed
11/3/2019
08:36
Whenever I've had a delay, it's gone against me. Doesn't mean this will but whittles away the belief CNE will win.
johnrxx99
11/3/2019
08:35
"I dont think the mkt cap prices in a successful award by any stretch of the imagination. SNE will likely be farmed down as soon as FID reached." I reckon they've been trying to do that for quite a few years! It might be, would be fascinating to see the price, maybe a part/full carry on their remaining share.
frazboy
11/3/2019
08:34
How on earth could it take this long? What a disgrace.
ladywormer
11/3/2019
08:33
I dont think the mkt cap prices in a successful award by any stretch of the imagination. SNE will likely be farmed down as soon as FID reached. Cash flow is fine imho. Cairn has really really exciting exploration upside. Look at what they've been landing lately!! All imho and dyor of course. Best of luck all.
dunderheed
11/3/2019
08:26
"as everyone seemed to be thinking that it didn't matter which way the award went as CNE where not going to get any money out of the Indian government, why the drop or is it just the market makers making money ?" Cairn's prize cash flow assets are Kraken and Catcher - the latter is doing pretty well but is less material, the former is more material and is way below par. And there is no other cash coming in from other assets for the foreseeable. Point being, a good percentage of the share price reflects a successful award from the arbitration.
frazboy
11/3/2019
08:21
Yup, just the market shaking the weak out, this is a complex case but on balance we have a v good chance of winning the case and I think that probability has increased further today as it would be easier to rule against us by now (they have had 6 months to make that call) but to rule in favour, the panel need to make sure the judgement they set is 'internationally enforceable' and sets a precedent and this is what they need the extra time for imho.
valuehunter1
11/3/2019
08:19
that delay - not that there is/was any guarantee of a payout - will make it a little more difficult to fund SNE
frazboy
11/3/2019
08:12
Good grief !!!!! as everyone seemed to be thinking that it didn't matter which way the award went as CNE where not going to get any money out of the Indian government, why the drop or is it just the market makers making money ?
inntolife
11/3/2019
07:12
Looks like more of a wait, lol.
dunderheed
09/3/2019
08:54
Thanks rogerlin......Sall seems like a steady hand and he has even ruled himself out of the next elections in 2024. So he looks a decent sort of bloke.
inntolife
09/3/2019
08:09
https://www.petroleum-economist.com/articles/politics-economics/africa/2019/sall-to-oversee-senegals-journey-to-first-production
rogerlin
08/3/2019
06:23
Maybe just very short term but think there is little in the price for the result simply because people (like myself!) are sceptical that they'll get any money back. However Cairn do surprise at their ingenuity sometimes!
dunderheed
08/3/2019
05:24
If the arbitration goes well, so will we. If it's negative it will tank short term imo.
johnrxx99
07/3/2019
21:56
Ah ok didn't know that thanks. I thought their public pronouncements would have at least been based upon guidance from the tribunal itself? Surely they must give a baseline indication?
dunderheed
07/3/2019
21:19
I think the end of Dec was what they were hoping for, but it's all down to the lawyers and judges. It could be tomorrow or the end of Dec 2019 - the company have no control over it.
hoper2
07/3/2019
17:46
Well at least some form of clarification that it will in fact be end of March. I don't know why but I thought the original decision was expected December last year?
dunderheed
07/3/2019
17:12
Yes, Tuesday 12th for results. Don't reaaly see how they are going to give us anything new on the India situation. It will be expeting news shortly, what else can they say ?
inntolife
07/3/2019
15:28
Yes - well reporting next week so let's see what the India situation is??!
dunderheed
07/3/2019
14:43
It seems I'm in a minority with positive view for CNE at the moment lol!
dunderheed
07/3/2019
09:03
Yes agree - was just thinking exactly the same myself. Hopefully results "expected to goodish" then await the India result? "Should" be a pretty exciting month or two ahead?
dunderheed
07/3/2019
08:57
PMO results today confirming Catcher performing better than expected...good read across for CNE results due next week. Next week could be the week we break out from these ranges as the tax case result gets closer by the day.
valuehunter1
05/3/2019
07:35
True enough. I was really just wondering if I might be able to spot unusual buying patterns. Anyway, lots to like here. Leveraging relative balance sheet strength to do a transformative deal is my real hope.
hsfinch
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