Capital Share Discussion Threads

[isaallowance] 07/5/2021 21:12

Got mine in IG several days ago, nothing in my AJ Bell account either. Very rare for IG to be quicker than AJB in my experience.

[jatin724] 07/5/2021 19:33

got my div at bestinvest on 4th

[yasrub] 07/5/2021 17:22

Has anyone received the divi yet? Nothing in my AJ Bell account

[gleach23] 07/5/2021 13:04

Thanks rivaldo - great to have a more than supportive gold price which is obviously important.

However it remains about time for a company-specific rerating for CAPD rather than just a tracking of the gold price.

[rivaldo] 07/5/2021 12:40

The gold price is up to $1,821 today with a supportive background:

"So far this week, the gold price has rallied 2.5% and is heading for its best weekly performance in over five months, said Sophie Griffiths, another analyst at Oanda, also pointing out that it trades at a two-and-a-half-month high.

AvaTrade chief market analyst Carlo Alberto De Casa said gold's break above the USD1,800.00-an-ounce mark suggests that it has now found a clear direction after a period of sideways trading.

The dollar's modest decline helped gold to break through USD1,800.00 an ounce and up to USD1,820 an ounce, with the precious metal gaining momentum to climb higher yet, De Casa said.

"Traders are betting on further rallies with the price still more than 10% below the peak reached last summer. Investors are worried by rising rates and the risk of inflation making them once again realize that gold could be a safe haven, even though at this point both interest rates and inflation remains low," he commented."

[smithie6] 05/5/2021 12:33

ooh. :-)

how much is the divi ?

1.6 in pence & not USA cents ; ~2.2% yield ?
not too bad

[yasrub] 05/5/2021 09:15

I am with Youinvest - AJ Bell has anyone received the divi from them yet?

[deanowls] 05/5/2021 08:18

And the divi has landed.

[rivaldo] 05/5/2021 07:20

From Cora Gold this morning - more good drill results, and:

"during May we are mobilising two further rigs and additionally a booster compressor has just arrived on site. We plan to start drilling deeper holes within a week as we aim to push the shallow inferred resource pit deeper."

[shanklin] 04/5/2021 07:03

ds2 - your post merits a CAPD rns!

[rivaldo] 03/5/2021 22:28

Cheers ds2 - around 18% of the m/cap in investments makes CAPD even better value.

Shanklin, I don't post on Twitter, but when I get time I do try to occasionally monitor Twitter posts from those companies in my portfolio which I consider most undervalued!

[dangersimpson2] 03/5/2021 18:20

Capital DI Ltd is the investment subsidiary of CAPD.

I've just been through the known listed investments, and they have been surprisingly active. Although there have been no new companies they have invested in, they often backed the most promising customers in recent placings to maintain their holdings. For example, they added to FFX in the placing to acquire Morila at AUD16c and recently have been top-slicing into strength, coming down from over 22m to the 19m shares reported for April:

Algold was bought by Aya Gold & Silver and I think Capital are due to receive about $260k in Aya shares when it closes, although I'm not sure how this is priced since the Aya share price has been strong recently. This holding appears to have helped the recent contract win with Aya, so these holdings are still doing a decent business development role.

I don't know a precise figure for Cora Gold since CAPD went below 3% so may have sold some more. The recent contract wins with Cora suggests they still hold shares though.

If we assume the Aya stake will be priced on closing, Cora holding is as per last RNS and the unlisted stakes are static at $10.9m then the investment stakes are currently worth around $33m or 18% of the market cap.

I think a number of unlisted stakes may be warrants in listed companies that CAPD got for supporting various capital raises since these are more common in Canada/Aus. e.g. you can see warrant activity in Canada here: but not all the amounts. So a strong share price in some of these companies could positively impact the unlisted as well as the listed stakes.

Gold price strong over the weekend, which should help sector sentiment a bit.

[shanklin] 03/5/2021 15:56

rivaldo, You're on twitter now?

[rivaldo] 03/5/2021 08:42

Cheers lookagain. CAPD have tweeted this good news:

"https://twitter.com/_CapitalLimited/status/1388011981039280128

Drilling has now started for our new client @Endeavour
Mining at their Kari South target at the Dynikongolo Project, Burkina Faso, where we are undertaking RC and diamond exploration drilling.
#CAPD"

[stemis] 30/4/2021 15:10

Perhaps we should have had our money in Firefinch then lol

[lookagain] 30/4/2021 13:59

Rivaldo, I also make £4m.

[rivaldo] 30/4/2021 12:00

Here's Firefinch's (formerly Mali Lithium) top 20 shareholders - it seems CAPD currently have exactly 19m shares (assuming Capital DI Ltd are indeed CAPD):



Firefinch's (FFX) share price is doing extremely well. At the current 0.38 AUD the price has quadrupled or so in the last year.

This would make CAPD's holding now worth around £4m at 1.8$AUD to the £1. Quite a sizeable holding if so.

I would love someone (ds2?) to confirm this as I'm not 100% sure of the decimal points!

[rivaldo] 29/4/2021 09:27

Excellent find Shanklin, thanks. Very good sector PR and reads extremely well.

[shanklin] 29/4/2021 07:07

Article re CAPD, link tweeted earlier.

[hpcg] 28/4/2021 20:02

Liquidity requires sellers as well as buyers and a large spread is unattractive to the latter while the former will sometimes eat it up. A liquid share is much safer for larger and larger holders. So I'm not knocking either.

[gleach23] 28/4/2021 18:53

Still here deanowls!

Wearing an investor hat these days with CAPD as opposed to a trader hat. I used to use short term spreadbets to supplement investments here but that's no longer viable after the recent changes at IG (and subsequently Spreadex)

Plus I don't want to bore people with too much trades info, though since you mention it I did try a dummy trade earlier for buying 75k after riv's post above and there was stock available :)

I've enjoyed sphere's posts here lately regarding trades and orderbook although with the recent increased liquidity I've found analysing trades less useful as a short term indicator of price movement.

[deanowls] 28/4/2021 16:27

Woah woah woah Riv, leave the buys and sells to Gleach, you keep up with the research. Not need to put a man out of week. That said Gleach has gone awol?

[rivaldo] 28/4/2021 12:29

The share price has risen from below 60p in the last month, so at least it's on the right track :o))

I also note that buying is now coming in at almost the full 70p offer price, which is a turn for the better.

[fozzie] 28/4/2021 12:07

All that Riv and yet whenever I log on to look at the share price I expect to see it down again. As you said yesterday the share price is bonkers.

[rivaldo] 28/4/2021 11:59

Today's AGM presentation is now online - the Outlook page is well worth a look:

- Q1 saw the highest quarterly revenues since CAPD's inception
- expanded budgets providing significant tailwind for CAPD
- experiencing the strongest demand environment for drilling services in a decade
- tendering activity strong across all business activities

etc: