Capital Share Discussion Threads

[qs99] 24/9/2019 13:15

Yup, nice tick up

[gleach23] 24/9/2019 12:04

Nice to see no stock available to buy @ 62-66. Looking poised for a next leg up imo.

[rivaldo] 24/9/2019 11:56

Cheers mfhmfh, good to hear. Looks like some are taking notice today.

[qs99] 23/9/2019 15:04

great thanks mfh,....what was the other one out of interest?

[mfhmfh] 23/9/2019 15:03

Interesting IC have today published a GARP (Growth at a reasonable price) screen.

CAPD is one of only 2 small cap shares that meet all 7 of their criteria for a GARP share.

PE of 11 with a PEG of 0.7.

[klosters65] 23/9/2019 13:32

Yes - what I like about this Company is that they are clearly gaining new Clients / winning contracts but not reliant in finding / not finding gold.

[qs99] 23/9/2019 08:36

new to the thread, but massively into my miners, so makes sense to buy the equipment! Currently making some hay on CEY, SHG, SRB and HUM, but taken a small position this morning and may add. EV/EBITDA looks v. low and attractive IMO, but 75p TP when sitting at 65p seems a little conservative? Have read the thread, but any more recent views on potential upside? thanks

[blueball] 17/9/2019 17:52

Stay long.

[mfhmfh] 17/9/2019 17:42

64p being paid

[mfhmfh] 16/9/2019 11:21

Middle East issues pushing gold up again.

[rivaldo] 15/9/2019 07:55

Mark Watson-Mitchell likes CAPD and has a 76p target:



"Capital Drilling (LON:CAPD)

Oh, I do like the recent share price movement for this drilling rigs company.

The interims to end-June announced in late August were impressive, showing good drill rig utilisation rates, big new contracts and strong profit performance.

Its net assets per share even improved from 52p to 58p, not that I consider that an important rating to look at when considering investing in this company.

This is an excellent example of making good money ‘selling the shovels to miners.’

The shares are firming up gently. From my profile price at 48p less than two months ago, they are now at 61p and looking extremely capable of hitting my 76p target price, and soon."

[mfhmfh] 13/9/2019 10:07

61p being paid

announcement from ECB yesterday should support gold prices as should next week's expected cut in interest rates from the US Fed.

[mfhmfh] 11/9/2019 16:05

I'm not complaining either.

62p next stop short-term IMHO.

[rivaldo] 11/9/2019 14:50

After some time it would seem that sellers have been got rid of and stock is hard to find.

The re-rating is long overdue imho.

[catsick] 11/9/2019 14:29

Why the spike ? Im not complaining but seems odd ?

[rivaldo] 11/9/2019 07:21

...and Cora have this morning announced the discovery of further high-grade gold mineralisation:



The drilling programme is expected to mobilise again early this Q4, which will benefit CAPD's current financial year.

[rivaldo] 11/9/2019 06:58

CAPD have actually reduced their holding by around 3m shares to 5.6m.

So they've sold around 3m shares, which would have netted around £250,000. Their original total investment was only £385,000, so they've already recovered two-thirds of their original investment, have no doubt secured further drilling contracts, and are still sitting on around £500,000 of shares.

That's what you call clever investing!

[deanowls] 10/9/2019 15:17

Is that b selling or by being diluted through the fundraiser?

[mfhmfh] 10/9/2019 11:17

Capital Drilling have reduced holding in CORA to 5.5% from previous 8.59%

[mfhmfh] 05/9/2019 12:42

From CORA today following fundraising:

'It is intended that the proceeds of the Fundraising will principally be used for a further drill programme and related exploration activities at the Company's flagship Sanankoro Gold Project.'

[rivaldo] 03/9/2019 09:32

Boring shares (and quiet BBs) are the best! Just look at the chart....

Kloster65, aside from Cora (CAPD invested £335k at 3.85p, now 8.5p) CAPD have similarly recently invested in:

PDI (on the ASX) at 0.9c
GMR (ASX) at 1.3c
AMD (ASX) at 0.1c

and CAPD also have (I think) 38% of the unlisted MSA Mineral Services.

Happy to hear of any I've missed.

[klosters65] 02/9/2019 13:27

Is this the most boring sure to have invested in, in the whole market?

[eentweedrie] 01/9/2019 20:36

that makes 2 of us!!