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Share Name Share Symbol Market Type Share ISIN Share Description
Cairn Energy Plc 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
  +5.20p +3.55% 151.50p 151.20p 151.50p 151.80p 145.40p 146.50p 577,018 15:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 321.7 -992.7 -153.4 - 893.11

Cairn Energy Share Discussion Threads

Showing 15001 to 15025 of 15125 messages
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DateSubjectAuthorDiscuss
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
03/3/2019
20:52
Great, hsfinch, but we don't want people scared off buying, whoever they may be !
dogwalker
03/3/2019
18:07
Friday's move was very interesting. I heard some time ago that arbitration result will be announced at the end of this month. I'd expect strong speculative buying ahead of that. I'd expect insider trading to be part of that buying. But it can't be too obvious can it? I'll be looking at volumes and trading patterns very closely this week.
hsfinch
01/3/2019
16:29
TO SPITSBERGEN current position is 61.8035 N / 4.11217 E on Mar 1, 2019 16:25 UTC. Vessel TO SPITSBERGEN (IMO: 8768517, MMSI: 538004905) is a Drilling Ship built in 2009 and currently sailing under the flag of Marshall Islands. Current destination of TO SPITSBERGEN is PRESTO and the estimated time of arrival (ETA) is Feb 28, 19:00 Looks like it's at Presto now.
rogerlin
01/3/2019
11:34
Ah thanks very much for clarification value!
dunderheed
01/3/2019
10:41
Yup, I think it was one of the valued posters on here who stated by end of March (Finch I think) but not sure how they got to that conclusion...the articles I've read on the net were suggesting decision in Dec/Jan but no new articles around this since. Company said news due in the 'near term' in their last update so for sure this is gonna happen soon. I like this board - good posters and nice and quite and seems like the masses haven't clocked onto the potential oppo here.
valuehunter1
01/3/2019
09:59
Agree value absolutely. I think we could hear any day now but was under the impression from somewhere (maybe even on here?) that they had until the end of March for this decision now? All imho and excuse an old man's memory!!
dunderheed
01/3/2019
09:53
So 1st March and still no news on the tax case...that's a full 6 months in. Surely news due soon now? Been waiting here since early Dec and expecting March to be a transformational month for one of the most solid mid tier British oil company.
valuehunter1
26/2/2019
13:01
Can't argue with that.
hoper2
26/2/2019
11:25
The main difference between CNE, ENQ and PMO are that in low oil prices the latter two are totally f'ed!! In higher prices IF they get the debt down they are good 'bets'. You takes your bets ladies and gentlemen! All imho and dyor.
dunderheed
25/2/2019
10:28
The main difference between CNE, PMO or ENQ is debt level. If the POO drops to around $50 or less PMO and ENQ - with their billions of debt and banking convenants - are struggling badly. CNE have little or no debt and a steady income from Catcher and Kracken for a fair few years - increasing when Nova comes on line. SNE will be costly to get up and running, but if CNE sell half their stake - as seems likely - that and free cashflow will go a long way to covering those costs. First oil is forecast for 2022 so I don't see any "hole" to be filled. Despite having less production than the other two CNE are in a far stronger position and that's without any hoped for bonus from the Indian lawsuit.
hoper2
25/2/2019
09:23
Here's a thought on CNE, why they're different from PMO and ENQ and what it might mean. CNE is producing 25mbpd. But that's gonna fall over the next 2 or 3 years and that's a not what markets want to see. Nova will help. SNE is 4 years away. So there's a hole to be filled. And that means acquisition. How to fund it? Not India coz that's just too risky and likely to be earmarked for a special divi. My bet is a combination of borrowing supported by cash flow from the acquisition and proceeds from an SNE farm down or sale. What's really really important is the quality of any deal they do. My slight concern is that a cautious company like CNE might do an ok deal but not a stellar one. And it won't move the needle much. And it's tricky...they need to have something in reserve to fund appraisal after exploration success in U.K. and or Mexico. If they get it wrong it will mean a rights issue. In fact they might need a rights issue to fund a deal. PMO is different...they seem to be constantly on the look out for deals. Some are good. And some not. ENQ pulled off a good deal with Magnus but it didn't move the needle much. CNE is more experienced in exploration deals. Not sure their production deals are quite so good. Different skill set? Something to think about? Or a load of tosh? Appreciate thoughts.
hsfinch
25/2/2019
08:18
https://far.live.irmau.com/irm/PDF/2423_0/SNEDevelopmentawardscontractofFPSOforSNEField
rogerlin
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