Caspian Energy Share Discussion Threads

[oospore] 21/2/2006 22:32

"Given Baktygaryn and Koz have a combined *potential* recoverable..."

aint that just it?

(like the chart but my co research thin on the ground)

[craigc25] 21/2/2006 21:12

Apparently the brokers valuing cek at £2.85 were mirabaud securities. Just found this on stockhouse website bb, make of it what you will as they seem confused by the report on their bb as well:-

OK - I read your post - here it is again:
"They recommend CEK as a buy. Give a fully diluted value of 2.85 pounds if:
the Baktybarn & Kozdysay prospects are successful and the three wells on East Zhagabulak wells flow 1000, 1500,& 2000 BOPD. They base the 2.85 on 1000 BOPD average"

That's not quite how I read it re "if Baktygaryn and Kozdysay are successful". In actuality, what I read is that Mirabaud is giving a value per share RIGHT NOW for Bak and Koz - they are ascribing .73 Pounds to Baktygarn per share and .24 P per share to Kozdysay. I would say the market is giving Caspian 0 pounds per share value for either project right now, CEK is being valued completely on Zhag, as its the only one that is actually flowing right now. Given Baktygaryn and Koz have a combined potential recoverable of 429 MBOE (50% to Caspian) I would say that once they start sinking holes into either project, but especially Baktygaryn, and they start flowing black gold at the same rates or higher than Zhagublak, AND they actually prove up the reserves the Kaz gov says are there, then a lot more value than .73 p per share will be ascribed to Caspian for Baktrygaryn. That's just the way I read it.

Given we already know they have 2,500 b/d flowing (1,250 net to Caspian) and the Mirabaud report says at 1,000 b/d net flow rate that CEK is a 2.59 P stock ($5.00 Cdn) - that's just my interpretation - please correct me as I don't want to be seen as a pumper - why are CC and Anonymous still keeping us at these value levels by selling into any buying frenzy? Hmmmm....

[sranmal] 21/2/2006 07:53

Cheers RoL.

hossy - movements in the share price will be driven by Canada - volume on AIM is miniscule compared to TSX. The drop on AIM after 2.30pm was mirroring the TSX quote. There is strong resistance and selling on TSX at $3, and until that breaks, we won't move upwards.

[sharebuff] 21/2/2006 07:29

Normal buying/selling yesterday - there are alot of very short term investors in the sector right now. A 10% gain bid to offer in a week will tempt some to exit.

However, given the newsflow due over the next four/six weeks its a crazy time to be selling in my view.

[robin_of_loxley] 21/2/2006 01:32

sranmal,

your wish is my command

;-)

regards,

RoL
>>>>-------------------->

[robin_of_loxley] 21/2/2006 01:21

Thanks guys - all good things to think about when I pick my next ISA provider in april

[hossyt] 21/2/2006 00:12

Why this fell from 156p to 146p today? Could the hedge funds started shorting the stock?

[hossyt] 21/2/2006 00:12

Why this fell from 156p to 146p today? Could the hedge funds started shorting the stock?

[wirralowl] 20/2/2006 18:57

RoL - I use iDealing (always a good service) and have AIM CEK stock in my ISA.

[tinvan] 20/2/2006 16:38

Got Squaregain to put CEK into my ISA (AIM stock), but it took a phone discusson with a dealer. Am still arguing with them about MXP.

[sranmal] 20/2/2006 14:44

Yep, that's fine! All you need now is a TSX daily graph.

[robin_of_loxley] 20/2/2006 14:41

no problem manonthespot2

[robin_of_loxley] 20/2/2006 14:40

sranmal: I included your analysis in the header here too with the appropriate caveats - hope thats OK with you?

regards,

RoL
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[manonthespot2] 20/2/2006 14:39

Thanks ROL

[robin_of_loxley] 20/2/2006 14:36

I have set up a chart thread so people can follow and discuss CEK in general and the charts of CEK ..



The new thread is not intended to replace this one, but if people wish to post there, they are most welcome.

good luck to other holders,

RoL
>>>>--------------------->

[robin_of_loxley] 20/2/2006 14:30

hi

I have set this up to follow the charts of CEK. All are free to discuss CEK and its charts on here if they wish to. This is not intended to replace the main thread.

The thread may be moderated as necessary

good luck to holders,

RoL
>>>>>>--------------------------------------------->

[craigc25] 20/2/2006 13:48

its been quiet in here since i bought back in november for a quid,the past week has been a hive of activity in comparison!

[mortie1] 20/2/2006 13:37

can't believe how quite this is here. EME up, whatever it is, hundreds of posts. CEK, which has far better prospects IMHO, also up a very healthly 16p, not a whisper. Who cares I suppose as long as we know and the price rises. But just wait 'till the crowd finds out.

[robin_of_loxley] 20/2/2006 09:49

Thanks andrewis

[andrewis] 20/2/2006 09:37

ROL - Hargreaves Lansdown take CEK into an ISA from AIM.

[robin_of_loxley] 20/2/2006 09:14

spoken to providers technical team - they say it is isa eligible according the revenue, but they wont put the aim line of stock into an ISA

sounds like it is squaregain for me next year...

[robin_of_loxley] 20/2/2006 08:55

thanks - will hassle provider

[sranmal] 20/2/2006 08:51

I've never enquired of Squaregain whether I could hold CEK in my ISA since I don't have any spare cash in the ISA, so I had to buy CEK outside it. However, I do hold MNW which is dual-listed on TSX and have held one or two others dual-listed on TSX.

[robin_of_loxley] 20/2/2006 08:46

Thanks sranmal,

I was enquiring by phone, as I expected the online to be a little more ... automatic, and thereofe ....problematic (reminds me of the song greased lightning!)

I did ask them to check - and they said no, cant do, has to be the foreign line of stock. I told them I believed they were wrong. I was told I could speak to their revenue regulations team who start working at 9am, slackers ;-)

So I will chase them up and get it clarified for the future. I may open up a squaregain account with my isa allowance for next year.

Regards,

RoL