Caspian Energy Share Discussion Threads

[sranmal] 20/2/2006 08:29

RoL,

I have had plenty of dual-listed stocks in the ISA, and it is always the AIM stock held. If trading online, most brokers s/w automatically stops AIM stocks being bought in an ISA and lack the sophistification to check if it is dual-listed. I have found that when I phone up, they also state this, but when you tell them it is dual-listed, they'll go away and check and eventually let you hold the AIM stock in an ISA. Sometimes, they'll need to phone you back and depending on the time this takes, the share price could run away from you. A poor state of affairs. Maybe this depends on quality of broker (and cost!). I use Squaregain due to fixed low cost.

I am almost certain it is the AIM which should be allowed to be held in the ISA. If your broker refuses, complain and ask them to recheck. I currently hold other AIM stock(s) in my ISA which have a dual-listing on the TSX, like CEK does.

[banj] 20/2/2006 08:26

:-) Indeed I do ROL!

[robin_of_loxley] 20/2/2006 08:20

banj - dont you mean 1.49?

[robin_of_loxley] 20/2/2006 08:17

Hi sranmal,

I have a few shares in CEK, but seeing your comments on the listing on TSX and ISA eligibility, I thought I would pick up a few more in my ISA.

I was told the AIM line of stock was not eligible, but it may be possible to invest in the foreign line of stock if on a recognised foreign exchange...

I havent yet tried to subscribe in a dual listed stock in an ISA in this way - do any brokers allow one to buy the AIM listed stock, or is it always the foreign listed stock which must be dealt,

Thanks

RoL

[banj] 20/2/2006 08:12

Morning Nick - in with 5k @ 1.49. Good luck all. :-))

[jumbo66] 20/2/2006 04:02

ok s,just catch me somewhere bizzy bizzy bizzy[hd]

[sranmal] 19/2/2006 23:02

Cheers! Any newbies coming aboard can read it and won't need to repeatedly ask basic simple questions (supposedly!), although you'll have to keep it updated jumbo!

[russia4ude] 19/2/2006 18:14

if cek have net reserves of 200 mill barrel
cek can easy valued with $ 800 mill. -$ 1 bln.
and now look at the marketcap today

maybe the fields have more oil inside as the russians see 20 years ago

cek is a good long term play
500-1000%

look at nelson and petrokazakhstan
the russians and chines pay over $5 per barrel 2p reserves

[sharebuff] 19/2/2006 12:21

The $3 target must therefore take account of the first set of test flows from Well 1 but not the second well flow tests or Well 2.

Compared to its peers CEK seems good value at current levels.

[craigc25] 19/2/2006 11:57

Canacord have got a $3 target as of friday 10 th february, but on another bb someone mentioned that there was another report with a target of $6 but it made no mention of who wrote the report and where you can access it

[sranmal] 19/2/2006 11:35

I thought that the Canaccord recommendation had been lowered from Buy to Hold (not Sell) because they had a C$3 share price target and CEK's recent rise had put the share price within touching distance of this?

[sranmal] 19/2/2006 10:49

jumbo66 - is it worth copying my summary of CEK from post 52 into the header for newbies?

[craigc25] 18/2/2006 18:21

"has anybody seen the 36 page report - recommended buy - target 2.85p or approx 6 cdn"

Anyone know anything about this report, found this comment on a canadian bb

[sharebuff] 18/2/2006 17:21

E & P stocks move on newsflow. CEK will shortly announce the second set of flow rate data for its first well and drilling on its second will reach target depth by end of next month.

The first well 'exceeded expectations' according to the Chairman and prompted a 50% rise in the share price CEK operates in the oil-rich area north east of the Caspian sea. Worth a punt.

[craigc25] 18/2/2006 10:42

Friday February 10, 03:29 PM
Caspian Energy downgraded to "hold"
LONDON, February (ASQ: RIF - news) 10 (newratings.com) - Analysts at Canaccord Adams downgrade Caspian Energy Inc (ticker: CEK) to "hold." The target
price is set to C$3.

In a research note published this morning, the analysts mention that the downgrade in the rating is based on valuation. Caspian Energy's share price has risen 48% over the past couple of days, since the company has announced better-than-expected results from its EZ-301 exploration well on the East Zhagabulak prospect in Kazakhstan, Canaccord Adams says.

© 2006 New Ratings


This could explain why its stuck at the three dollar mark.

[orvis] 17/2/2006 19:23

still going strong in Toronto

[wassapper] 17/2/2006 19:03

Nice to see the rise today. We should standby to receive the "swarm" from EME nect week!

[sranmal] 17/2/2006 16:43

Tinvan - partly. MXPs East Alibek licence area is part of our North Block (but excluded from our licence) - see my big post a few days ago. However, MXP also have other potentially more prospective licence areas.

[tinvan] 17/2/2006 16:36

What do people here think of MXP?-same sort of area etc.

[wirralowl] 17/2/2006 16:30

Doubled up here today, too. Like this one, UEN and AEL at the moment, all similar stocks in my eyes.