Capital Share Discussion Threads

[stegrego] 16/3/2011 08:34

What are the forecasts here?

Ta

[nurdin] 16/3/2011 08:24

Now starting to move..think the message is sinking in that these are incredibly cheap

[thepopeofchillitown] 15/3/2011 12:25

The headline figures were accurate though. No big deal.

[ukinvestor220] 15/3/2011 11:19

so they misquoted underlying pbt and profit for period
15.4, 17 to 12.8, 11.1 respectively, but dont actually point that out in the replacement, just that its 'somewhere in the table'.

We want transparency not cloudy hints please. Doesnt do you any favours.

[chc15] 15/3/2011 09:21

decent results - just a bad day for them.

[thepopeofchillitown] 14/3/2011 14:18

I've added

[ukinvestor220] 14/3/2011 11:45

someones just added £601,830's worth. so i followed them, for better or for worse

[nurdin] 14/3/2011 11:14

Nothing in their recent trading statement suggests any shortfalls...tempted to add more here

[chc15] 14/3/2011 09:46

bad day - results tomorrow - any clues??

[nurdin] 23/2/2011 10:50

I doubled my holding yesterday...hope this bounce continues..:o)

[bones30] 22/2/2011 14:10

I bought for the first time today, having been looking for an entry point for a while.

[chc15] 22/2/2011 14:06

well i've topped up, will add if further weakness - dyor.

[bones30] 22/2/2011 12:45

Isn't CEY one of their main customers?

Either way - it shouldn't be affecting CAPD to this extent.

[stegrego] 22/2/2011 12:41

They drill in Middle East - egypt etc so maybe that is rubbing off here.

[thepopeofchillitown] 22/2/2011 12:15

must be the unrest in Libya etc. Was a good compnay yesterday and is still a good company today

[chc15] 22/2/2011 11:44

big drop today - sells going throguh - any reasons?...
a buying opp or wait?

[attrader] 14/2/2011 18:21

wierd, both barclays and advfn showing 15% down today ???

[chc15] 09/2/2011 16:24

i'm in on this stock - very intersting - natural resources are big demand, espec from China - that means we need to drill!

Did u watch TV yesterday - about the Chinese in Africa - crazy, they are plundering the resources out there - copper, cobalt, oil, etc..

[freonwarrior] 08/2/2011 18:14

Again, many thanks Koolio.

[koolio] 08/2/2011 17:54

There is a lot of good information on various drilling techniques on Youtube.
Here is a very basic introduction.

[koolio] 07/2/2011 19:52

I added this link for the latest presentation to the header also.

[freonwarrior] 05/2/2011 09:07

Many thanks for the info Koolio.

[koolio] 03/2/2011 16:13

Drilling Companies typically Provide.

Rig with drilling peripherals Drill-string (rods and pipes that advance the bit), drill-bits, crew and drilling fluids or polymers(this could be air, water & or muds).
They will typically charge for Mobilisation to site. Set-up between drilling locations, Meters drilled, core boxes if required, stand by which is beyond their control.
Other deliverables depend on the contract.
The main costs day to day will be the drilling crew, accommodation and food, fuel for rigs, drill bits, muds polymer and lubes.
To help boost profits and retain good drill crew the manager will calculate a "bit rate" that he expects to achieve prior to drill bit failure say 400 metre of core. If the driller exceeds the calculated 400m of core before the bit fails he will usually get a bit bonus for every 10% over.

[melody9999] 02/2/2011 22:49

Well looked on the Nov 10 presentation and they do work for CEY. But to be honest this is just one of 9 major long term clients listed. Also risk is further minimised - I don't know the detail of what CAPD provide but the rig would seem a fairly critical part of the operation and business to CAPD very unlikely to be affected.

So I bagged a few today as this has fallen quite a way now and I suspect the longer term upward trend will take effect shortly.

[gairich] 02/2/2011 10:01

This is a really quiet bb, not much trading giong on either.
Are the problems in Egypt having an affect?