Share Name Share Symbol Market Type Share ISIN Share Description
Capital Drill LSE:CAPD London Ordinary Share BMG022411000 COMM SHS USD0.0001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 39.50p 38.00p 41.00p 39.50p 39.50p 39.50p 17,000 06:31:56
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 75.6 -0.8 -2.9 - 53.42

Capital Drilling Share Discussion Threads

Showing 976 to 1000 of 1000 messages
Chat Pages: 40  39  38  37  36  35  34  33  32  31  30  29  Older
DateSubjectAuthorDiscuss
21/8/2017
19:10
I would certainly hope so rivaldo. Finncap's target of 109p looks a bit optimistic to say the very least. That would put CAPD on a PE of 20. Not very likely. I'd settle for half that.
lord gnome
21/8/2017
12:30
Finncap have retained their 109p target price and forecast $23.9m EBITDA this year rising to $28.4m EBITDA next year (equating to 5.5p EPS), against a £53m m/cap. They also see a $3.78m cash pile at the end of this year, rising to $8m at the end of next year. The key point here is that despite the Tanzanian situation and therefore reduced revenues estimates, CAPD stated that they expect to achieve existing profit expectations. IMO the share price will continue to bounce, especially given the excellent tangible asset backing and generally optimistic and solid environment now around copper and gold. Plus the variety of new contracts won by CAPD in H1 in the likes of Mauritania, Mali, Egypt etc.
rivaldo
17/8/2017
10:25
Caution - finnCap House Broker - usually rose tinted glasses. (imo) rhomboid - Excellent point re Tanzania at 40% of revenue - had not spotted it was such a large %age - Agreed watch only
pugugly
17/8/2017
10:03
finnCap tp re-iterated at 109p
mfhmfh
17/8/2017
10:02
hxxp://www.capdrill.com/media/investors/Presentations/CAPD-H1-2017-Results-Presentation_Final-20170817.pdf
mfhmfh
17/8/2017
09:37
Agreed very upbeat ... but Tanzania as a whole is 40% of revenue and until the local partnership structure is clear we can't see what the loss of profits will be and there remains the possibility of asset confiscation by Tanzania govt of Acacia assets. I wouldn't rule out issues emerging around repatriation of funds or drilling rigs from Tanzania either. Still it goes back on my watchlist
rhomboid
17/8/2017
09:25
Listening to the conference call. Extremely bullish management commentary, highly supportive environment and business has been very positive in last 3 months. Margins are improving. Drilling opportunities opening up beyond just gold sector now. Optimistic that production mining at North Mara site won't be affected in Tanzania - this is not the site affected by concentrate dispute. Makes up circa 10% of revenues. Dividend been set conservatively due to Tanzania uncertainty but actual cash generation would support a much higher payout. Been listening to these calls for last few years, most positive I've heard in all that time.
darlocst
17/8/2017
08:29
Resilient numbers given Tanzania backdrop, not enough to tempt me back in though as I'd like some clarity on Tanzania first, which will no doubt see the shares move sharply higher if it's positive
rhomboid
17/8/2017
08:25
increased revenue guidance in Q1 update from May of $120 - $130 million retained although will be at the lower end. previous guidance was of $105 - $112 million.
mfhmfh
17/8/2017
07:57
Better than I expected - but agreed with gleach23 PLUS general pressure on exploration budgets and downward pressure on contact pricing.
pugugly
17/8/2017
07:54
Yes such a shame about Tanzania. Given the situation there and ongoing uncertainty, the outlook statement is about as good as we could have expected. Looks like being marked down from the bell though.
gleach23
17/8/2017
07:14
Great results, Tanz still the fly in the ointment.
sleveen
16/8/2017
17:12
half year results tomorrow...
mfhmfh
31/7/2017
08:36
Next step is to nationalise all foreign companies
thepopeofchillitown
31/7/2017
08:33
Good question gleach. I believe the board should have issued a statement detailing their exposure in Tanzania and what impact it would have. If it was upto me I'd a just pull out of Tanzania entirely removing the uncertainty and taking the hit on the chin. It's down nearly 50% in the last few months. Let them find the minerals with a bucket and spade. Africa as a continent has learnt nothing in the last 50 years. Still cannot see past their noses.
thepopeofchillitown
25/7/2017
23:25
So it was some of your sells I was following on Fri :) Thanks for being open about your trades. It'll be interesting to see where we go from here but I'm keeping the faith with the remainder I have...at least until the interims and/or news on Tanzania, which as you say feels rather uncomfortable just now.
gleach23
25/7/2017
18:21
Yup that was me 🙄clearing out the last lump..I was in a hurry as I wrongly thought Bodycote which was where I was rotating to was likely to rise during the day. I was also selling last Friday so doubly guilty. Like you probably I have vivid memories of how sh*t shaped it went in Egypt and I didn't want to start doing a reenactment 🙂 Plus the bulk was bought at 24p which plus divis wasn't too shabby..
rhomboid
25/7/2017
17:34
Hope yours wasn't the 110k @ 36.5 rhomboid! Good luck anyway. Frustrating is the word. I had to follow some of the selling last Fri morning to reduce what was an overexposed position. One could take the view that the share price is now half of what it might have been were it not for this Tanzania issue which seems very harsh. Anyone know exactly what proportion of CAPD's business is in Tanzania? Interims due shortly btw....17th August
gleach23
25/7/2017
17:11
Yep, it's very frustrating, this is a good little company and they can't seem to catch a break. First it was problems in Egypt now this. I'm less hopeful about a good outcome with Tanzania than Egypt. Experience elsewhere has taught me that when African governments talk about local shareholdings and local partners, they don't mean any locals, they mean "me and my mates". Unfortunately this makes it impossible for UK companies to do business thanks to the corruption laws here. Difficult to see a fair resolution in the near to medium term.
kinbasket
25/7/2017
16:36
I finally sold my last chunk this morning, Tanzania looks like going the Mugabe route which elevates risks beyond where I'm comfortable, I'm sure holders will do well from here as it really is in the Bargain bucket now
rhomboid
18/7/2017
14:42
Not so straightforward, services and goods co providers to the mining industry under the spotlight too.
paleje
10/7/2017
08:28
Yes, thought the results looked positive and we would see a bounce to the shares! Just the Tanzania uncertainty and we all know that markets hate...
twistednik
10/7/2017
08:19
Has to be down to the uncertainty over the Tanzania situation. The only other hints of negativity I can see are - - reduction in revenue in Q2 vs Q1 although Q2 was still 26% then last year - marginally reduced levels of tendering but this is mitigated by supportive market conditions and commodity prices
gleach23
10/7/2017
08:10
So much for the floor then. What did I miss?
lord gnome
10/7/2017
07:59
Trading pretty much as expected I think - good to see utilisation continue to rise in Q2 even though revenue dipped slightly from a strong Q1. Good cash result too. Just wish there weren't quite so many mentions of Tanzania!
gleach23
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