Capricorn Energy Share Discussion Threads

[tron22] 01/4/2022 18:02

I spoke to Capricorns company secretary. She said the 200million share buy back program is a long term strategy, and would not be implemented soon.

[jong] 01/4/2022 17:02

There's still the 200m share buy back to come as well for the benefit of remaining shareholders.

[zangdook] 01/4/2022 16:40

If the tender offer doesn't use up all the $500m then the share price may rise if people are confident there will be a special dividend. If.

[silverstone1] 01/4/2022 16:34

TRON22, THEORETICALLY THE SHARE PRICE SHOULD BE UNCHANGED, WITH 30% LESS ORDINARY SHARES IN ISSUE AND 30% LESS CASH ON THE BALANCE SHEET!

[tron22] 01/4/2022 15:58

After the tender.... Do you think the share price will increase as there will be less shares on the market and they "should" be worth more? My break even is 2.40 after the last div & consolidation.. Will never do that again.

[silverstone1] 01/4/2022 13:53

IN MY OPINION IT'S UNLIKELY THAT 30% OF THE ORDINARY SHARES WILL BE TENDERED, THEREFORE, IT'S LIKELY THAT THE STRIKE PRICE WILL BE VWAP + 5% OR DO OTHER SHAREHOLDERS HAVE A DIFFERENT OPINION?

[nigelpm] 01/4/2022 07:56

Don't understand your post at all Pendragon. Not sure what point you are trying to make.

[pendragon2] 01/4/2022 07:32

of course nigel, I hope you're keeping a track of the potential tender price, which as a fan of the company you'll be delighted to discover has mopped up hundreds of millions of shares at a knock down price, rather than pay up a divi of $1 per share.

As things stand the tender price is not shifting upwards to match the increasing share price as well enter day 3 of the 5 day evaluation period. When the shorts pile in on Tuesday this could trash the share price and the tender value in a few hours.

You, Nigel, are I guess the sucker denying yourself an even break.

As Zang suggests, why not sell into strength over the next couple of days and buy back in if you like the company once the share price is back down below 200 later next week, or even lower when the weakness of their assets is revealed, or put your money elsewhere and make some profits.

[geckotheglorious] 30/3/2022 18:44

Suet
They're unable to because mentally, they're still children!

:)

[suetballs] 30/3/2022 15:26

yep - you've made your decision - live with it.
Suet

[nigelpm] 30/3/2022 15:03

lol - this board is full of moaners - moaning that the price was too low, then too high....it goes on.

[zangdook] 30/3/2022 10:54

Sell them now, into strength.

[adg] 30/3/2022 10:33

What a surprise (not) that the share price is strong during the 5 day period where the strike price is calculated.
Such obvious manipulation - stinks
Am i too late to tender my shares?
I think remaining holders will end up being stung and left with the hangover having paid over the odds for the $500m of shares!

[silverstone1] 30/3/2022 07:45

WILL A TAKEOVER OFFER ARRIVE AFTER THE TENDER OFFER CLOSING DATE?

[pendragon2] 29/3/2022 08:19

This is the last day of trading before the measurements begin to determine the tender price, 5 trading days before and including April5, so for anyone expecting to sell via the tender will have an interest pushing the price higher.

Whether they will succeed will depend on the propensity of long term holders to keep the price temporarily down, or to bang in a massive volume of shorts as the tender deadline looms.

Interesting.

[tron22] 28/3/2022 16:12

The stock is falling??? Someone make this make sense?

Even after the tinder offer closes I do not see anything pushing
the stock above 2.19 per share.

Hoping the after math of the tender is enough to push the value of the stock up???

Am I missing something here?

[ashkv] 28/3/2022 14:34

Egyptian & Moroccan Producer - hugely undervalued, call might be interesting for Capricorn holders given Egyptian assets.

Please see below dial in details for the SDX Energy Retail Investor Conference Call at 3pm today.

Canada Toll-Free: 18447479618 PIN: 97316422#
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United Kingdom Toll: [phone] PIN: 97316422#
United States Toll-Free: [phone] PIN: 97316422#
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[1ups1de] 28/3/2022 13:24

What are the implications for over 21% of cne shares being out on loan ?With private individuals only owning 10% of share count I guess we are at the mercy of manipulation ?

[zangdook] 27/3/2022 17:06

"selling on this board coincided with the recent lows"

I don't know what "selling on this board" means, but if you're saying that "selling coincided with the lows" - yes, it's simple cause and effect.

[tron22] 27/3/2022 16:54

After the tender is executed there should be less shares on the market. For those who do not participate in the tender ...

Can we expect the remaining shares to go up in value? (There are less shares on the market).

Hoping to go north of 2.19 ....

[nigelpm] 27/3/2022 09:47

resolutions passed. not much reaction, not surprising. If res. 1 had been defeated the share price might have gone up.

Because it's irrelevant - whether shareholders get the $500m back via executing the tender offer or a special dividend it's the same effect to all intents and purposes. It's curious how the lyrical waxing and selling on this board coincided with the recent lows - in the past I've been alerted to the fact that ADVFN board in general are followed by a few professional investors who go looking for stops and on the odd occasion set up users to post fear and irrationality. I've never believed it but the last couple of weeks have been strange.

[ashkv] 25/3/2022 15:38

Investor Call For Egyptian O&G Firm SDX on Monday 28 March at 3pm (GMT)

Thought might be interesting for PHAR investors as will discuss Egyptian O&G trends etc

24 March 2022

SDX Energy PLC ("SDX", the "Company" or the "Group")
Retail Investor Conference Call

SDX Energy Plc (AIM: SDX), the MENA-focused oil and gas company, is pleased to announce it will be hosting a retail investor call on Monday 28 March at 3pm (GMT), to present the latest investor presentation, followed by a Q&A with CEO Mark Reid and CFO Nick Box.

To receive the conference call details, please contact Camarco, SDX's financial PR advisers, at the following address: [e-mail].

For further information:
SDX Energy Plc

Mark Reid
Chief Executive Officer
Tel: [phone]

Camarco (PR)
Billy Clegg
Owen Roberts
Violet Wilson
Tel: [phone]

[xxnjr] 25/3/2022 15:06

only 50% voter turn out.

[zangdook] 25/3/2022 13:50

resolutions passed. not much reaction, not surprising. If res. 1 had been defeated the share price might have gone up.