Capital Share Discussion Threads

[dangersimpson2] 24/10/2019 11:28

Good summary of the investment case. Getting the name of the founder wrong at the end probably doesn't help credibility though!

[mfhmfh] 24/10/2019 10:51

100p target price from Master Investor:

hxxps://masterinvestor.co.uk/equities/capital-drilling-so-much-more-than-just-picks-and-shovels/

[qs99] 18/10/2019 10:58

bit of blue for a change

[qs99] 17/10/2019 08:17

indeed, that is a major vote of confidence IMO

[rivaldo] 17/10/2019 07:17

Good to see two non-exec directors buying £100,000 of shares between them:

[qs99] 16/10/2019 16:28

LOOKS v promising I would agree. Now for management to continue to deliver!

[catsick] 16/10/2019 16:14

Very good result 6 month lock up means they went to strong hands who wanted them ! Very good indeed and glad I took advantage of the discount in the market

[shanklin] 16/10/2019 11:33

Added a few more.

P.S. at 60.845p. Offer is now up to 61.9p for 10k.

[rivaldo] 16/10/2019 11:28

Very satisfactory - all placed at 60p, i.e above the current mid-price and only a small discount to yesterday's close:



Hopefully this is an indication that there's decent demand out there for the stock.

[catsick] 16/10/2019 08:43

Creates the last chance to buy some cheap shares, I will have a few more here as the future prospects look excellent

[qs99] 16/10/2019 08:32

It will pass IMO once his shares firmly placed. May explain the drag on shAres IMO

Dyor

[shanklin] 16/10/2019 07:53

Placing a bit of a pain given I only just bought in here. Still looks very good value.

[rivaldo] 15/10/2019 13:36

New report from Tamesis Partners - they've retained their 106p target price, with Q3 revenues actually being slightly ahead of their expectations and with a slight upgrade to full year revenues and unchanged EBITDA forecasts:

[mfhmfh] 15/10/2019 10:03

Total revenue so far of $84.2m.

$35.8m of revenue needed in Q4 to hit target of $120m revenue, only $25.8m of revenue needed to hit $110m revenue.

Bear in mind Q3 revenue of £29.4m and business accelerating in Q4 then should meet targets.

Further acceleration in the business expected in 2020.

All IMHO.

[rivaldo] 15/10/2019 09:13

Cheers QS99, missed that!

I'm quite happy with the response. Hopefully CAPD will trundle along at this level or less, allowing buyers to snaffle more shares before the year end trading update or more contract news.

[qs99] 15/10/2019 08:56

V muted response

[qs99] 15/10/2019 07:50

Morning mate: no problems, it was the thisismoney link Greentrader posted above....DYOR natch! Have a good day Riv

[rivaldo] 15/10/2019 07:46

QS99, apologies if I'm being slow....where does the above info/extract come from?

[qs99] 15/10/2019 07:16

"Before last week, the broker was forecasting underlying profits of US$30million in 2020 but expects now to make material upgrades to its forecasts both for that year and beyond."

Like this bit....so net cash, hopefully improving, then c.£25m underlying profits so a v. low rating IMO....and with upgrades into 2020 in my view with momentum and hopefully utilisation improvements, the rating should fall further.

AS Ever DYOR....

[rivaldo] 15/10/2019 07:15

Encouraging to see in today's update confirmation that:

"The Group is well on track to achieve its full year 2019 revenue guidance of $110 - $120 million, with the increasing activity expected to see revenues further increase in Q4 2019."

Q3 was reasonably flat given the temporary suspension of activities in Tanzania which has been resolved, leading to actually increased activity there now.

The hugely promising near-term outlook in terms of all the new contracts etc should give the shares a tailwind. But if the MMs over-react to the flat Q3 numbers then there could be an opportunity :o))

[qs99] 15/10/2019 07:13

Nice solid trading update IMO....bodes well...DYOR

[greenrichard] 14/10/2019 19:17

Tipped in the Mail

[qs99] 14/10/2019 10:30

Nice find Riv

[rivaldo] 14/10/2019 10:01

I found another CAPD shareholding, this one quite large.

CAPD now owns 3,874,692 shares in Algold Resources, quoted as ALG on the TSX. The current price is 0.19CAD, so this holding is now worth around �450,000 - and the significant number of shares acquired at 0.09-0.11 are doing rather well: