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CAPD Capital Limited

76.00
0.00 (0.00%)
Last Updated: 15:00:09
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capital Limited LSE:CAPD London Ordinary Share BMG022411000 COMM SHS USD0.0001 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 76.00 42,600 15:00:09
Bid Price Offer Price High Price Low Price Open Price
76.00 76.60 76.00 75.60 75.60
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs USD 318.42M USD 36.74M USD 0.1872 4.06 149.16M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:59:42 O 4,852 76.0912 GBX

Capital (CAPD) Latest News

Capital (CAPD) Discussions and Chat

Capital Forums and Chat

Date Time Title Posts
22/1/202507:54CAPITAL DRILLING : global minerals industry services provider3,360
21/5/202008:16Capital Drilling -For Mineral & Mining Exploration1,593
14/11/201308:29*** Capital Drilling ***40

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Capital (CAPD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:59:4376.094,8523,691.95O
14:18:5776.27500381.35O
13:55:0476.00312237.12AT
13:45:4676.004,6783,555.28AT
13:44:4476.00239181.64O

Capital (CAPD) Top Chat Posts

Top Posts
Posted at 28/1/2025 08:20 by Capital Daily Update
Capital Limited is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker CAPD. The last closing price for Capital was 76p.
Capital currently has 196,257,124 shares in issue. The market capitalisation of Capital is £149,155,414.
Capital has a price to earnings ratio (PE ratio) of 4.06.
This morning CAPD shares opened at 75.60p
Posted at 10/1/2025 10:45 by adamb1978
Hi All

I've been reasonably active on this thread over the last few years so just to say that I sold out in the second half of Dec.

The bull and bear arguments have been done to death so I won't go into repeating them all. I had been thinking of selling 6-12 months before however the entry of teh activist investor in the register last year made me hold on, however they've gone quiet and the share price still hasn't even closed the gap to NAV let alone move beyond it. So given the share price has stalled in the last 3 years despite significant growth, it makes it harder to believe the bull case. Perhaps call me a stale bull!

For those still in, the main hope I believe is that liquidation one of the large investments and sale of equipment leads to deleveraging which in turn causes a re-rating. Risk which counters that is the business is becoming lower margin provides a headwind which holds back the price.

My total return was 32% after buying in at different points in 2020 and 2021 so not a disaster, but equally I feel not as good as it could have been had the leadership team run the company slightly differently (they're very strong operators but weak in terms of corporate/capital/investor decisions IMO).
All the best,

Adam
Posted at 09/1/2025 19:13 by cp42kx07
What will it take for CAPD to get some share price traction? Further realisation of investments and return of capital? Compelling proof of concept for MSALabs and a separate listing? Increased tier 1 clients and greater low risk geographical diversification? This really is an unloved stock, but it does have considerable potential. Here's hoping for some progress in 2025!
Posted at 06/12/2024 07:14 by rivaldo
Firstly, Leo Lithium have just announced a first tranche distribution of funds to shareholders of A$0.172 per share.

This means that CAPD will receive an initial £0.9m or so (if my early morning brain is working correctly!) in late January, with a further tranche in July:



Secondly, Sanu Gold's share price has rocketed 56% overnight to C$0.18 following a strategic partnership and investment announcement. This makes CAPD's recent CS1.2m investment (made at C$0.05) now worth C$4.32m.

Not a bad few weeks' return!
Posted at 05/11/2024 09:44 by rivaldo
WIA Gold have just announced they've raised A$30m at A$0.15, which is almost no discount to their current multi-year high share price, with "Strong support received from local and offshore institutional and sophisticated investors".

So this solidifies the value of CAPD's shareholding now worth over £14m. It'll be interesting to see whether they've increased their holding further.

And of course as drilling contractor CAPD should benefit further from the further drilling work to be undertaken:
Posted at 22/10/2024 08:39 by rivaldo
Quick question. The recent update noted CAPD's $31m investment portfolio "continues to be focused on a select few key companies with our holdings in WIA Gold, Leo Lithium, Asara Resources and Sanu Gold comprising the majority of our investments".

Have CAPD formally disclosed anywhere that they've disposed of their holding in Allied Gold post Allied's IPO? I missed it if so.

Allied's share price appears to be benefiting from the record gold price and has bounced nicely in recent days to $3.70.
Posted at 14/8/2024 13:00 by rivaldo
Great news today - not only £25m in the bank, but also a 50% share of any upside from Perseus if they sell before Dec'25.

It should also be noted that PDI's current share price is $0.195, so CAPD achieved a decent premium (PDI's share price was last at $0.21 back in April).

The investment portfolio now consists primarily of the Allied Gold holding and WIA Gold. The former is stuck in a consolidation at present, but looks capable of much better at first sight, as does WIA, particularly with gold at near-record levels.

Hopefully the portfolio is now much less of a distraction (if it ever was) from CAPD's excellent core businesses - and its ridiculously cheap rating.
Posted at 18/7/2024 16:43 by adamb1978
Hi tightfist - I take a different view. How about investing the $7m in shares of a very, very adjacent company called Capital Limited instead?!? Those shares are trading below NAV so extremely attractively valued and the buying would push the share price up! In my mind, getting debt down or a buyback would be of far greater value to shareholders.

Average daily volume here is c.£130k so if CAPD bought back 10% of that each day then the $7m would fund a buyback for a bit over 400 trading days. That relentless buying would push the price up. A great example of this is TIG. They bought back shares day after day after day for about a year and the share price is now up 70%+ compared to pre buyback. In my mind, that would produce better value for shareholders than an illiquid stake in a start-up which could be years from turning into cash. If the CAPD price wasn't below NAV (and they had lower debt) it could be a different decision
Cheers.
Posted at 18/7/2024 07:23 by adamb1978
I meant the 22% stake taken in the other start-up.

Some people on here, including myself, question the value of the investments. THey were initially a way of building relationships with customers and winning contracts so had a benefits in CAPD's early days but with CAPD's size now and dealing with larger customers makes them less relevant. Particularly holding stakes in listed companies - lots feel that they would be better selling those positions down and clearing the debt (or returning the cpaital to shareholders). Management have been pressed on this several times but won't do so as they're trying to ride a value increase in those listed stakes. There's also been zero evidence that the market gives them value for these positions in the share price.

They also formed another division a year or two ago to invest in adjacent start-ups. They seem to have burried that formal structure but the investment announced today shows if the structure is gone, the notion remains. Question comes back to the equity story - most invest in this company as an excellent operator. Few invested in this company bcause they want to be invested in an asset management company focussed on junior miners.

In my view, whilst they're cheap the share price could be a lot higher if they monetised their stakes where possible and run the capital structure decisions in a more conventional way
Posted at 25/3/2024 16:53 by otemple3
Awale flying today, up another 88% on my watchlistWish we had a larger holding / CAPD share price could have a day like that.....
Posted at 15/3/2024 10:41 by gb904150
People don't like the gold portfolio because it's not really valued in the CAPD share price.

But part of the reason is because we've been in a miners bear market for several years, especially gold miners. Look at the GDXJ chart!

Right now PM's are breaking out and people are taking an interest in gold miners again.

At some point the value in that gold portfolio will be realised - first via higher valuations and eventually via exits on those positions.

That should lead to some special divis or buybacks because they absolutely can't justify ploughing more money into capex than they already are.

I think CAPD will just get taken private within the next year anyway...but I hope we get to realise some of the portfolio investments and return value to SH's first.

The good insider ownership - Jamie Boyton 10% / Brian Rudd 6% should help ensure it only gets sold if a decent offer is made.

In the meantime.....small divis mean you're paid to wait.
Capital share price data is direct from the London Stock Exchange

Capital Frequently Asked Questions (FAQ)

What is the current Capital share price?
The current share price of Capital is 76.00p
How many Capital shares are in issue?
Capital has 196,257,124 shares in issue
What is the market cap of Capital?
The market capitalisation of Capital is GBP 149.16M
What is the 1 year trading range for Capital share price?
Capital has traded in the range of 71.80p to 105.50p during the past year
What is the PE ratio of Capital?
The price to earnings ratio of Capital is 4.06
What is the cash to sales ratio of Capital?
The cash to sales ratio of Capital is 0.47
What is the reporting currency for Capital?
Capital reports financial results in USD
What is the latest annual turnover for Capital?
The latest annual turnover of Capital is USD 318.42M
What is the latest annual profit for Capital?
The latest annual profit of Capital is USD 36.74M
What is the registered address of Capital?
The registered address for Capital is VICTORIA PLACE, 5TH FLOOR, 31 VICTORIA STREET, HAMILTON, HM 10
What is the Capital website address?
The website address for Capital is www.capdrill.com
Which industry sector does Capital operate in?
Capital operates in the OIL AND GAS FIELD EXPL SVCS sector

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