Caspian Sunrise Share Discussion Threads

[steveh8] 18/3/2020 09:02

No debt couldn't be in a better position given the circumstances

[xclusive2] 18/3/2020 09:01

I actually believe he's forgotten a paragraph, a case of out of sight out of mind I suspect.

[dhb368] 18/3/2020 08:57

Yes. The absence of any mention of A5 is odd. Doesn't feel like a case of 'no news is good news'

[russiaguru] 18/3/2020 08:52

no mention of A5.

[xclusive2] 18/3/2020 08:50

That's one of the best releases I've seen from Clive. Deferring salaries and mothballing ops until oil price moves, well done Clive ?

[rutter] 18/3/2020 08:45

It's all about timing. That's my 187000 buy half an hour ago. Then we get a drop Not concerned. There's NO bad news imo. Happy to wait Must be near bottom

[rutter] 18/3/2020 08:03

Just did a dummy buy. Can buy over 190000 at 2.6. Wow. That's a juicy price

[xclusive2] 17/3/2020 22:11

Control,

Good time for a positive 150 and A5 update, cmon Clive, don’t disappoint.

[dhb368] 17/3/2020 19:17

£330bn of loans. That is more than I thought they would do. Let's hope it gets to the right places and keeps jobs viable. Let's hope ppl on zero hours contracts get adequate support.

[dhb368] 17/3/2020 18:57

I sincerely hope that 100k is a winner for you Control. :)

[johnwalton] 17/3/2020 17:57

The cheap oil will help
In these troubled times.

If they had cut production 2 weeks ago
That would drive the economy into
A deeper recession.

[control1] 17/3/2020 17:40

Sadly, I didn't, picked up the 100k just before the bell. (wins elsewhere made it more tolerable)...Trump is desperate to see this as the bottom, I'm not convinced yet...

[rutter] 17/3/2020 16:34

Managed to keep my finger off the buy button. Anything can happen overnight though. Unique times. GLA

[maxim1999] 17/3/2020 16:30

I have bought more today. It's very likely not the bottom but I worked the bid and at least I am averaging down. I will go again if it gets sub 2p. Then I really do need to stop buying this stuff. Saudi's have misjudged their spat with CV19 and there must be a chance we get a resolution. That's gotta help markets. The moment we can see the end of this virus and have any understanding as how badly the economy has been impacted that will Ofcourse will help .The third potential source of good news for the stock is a positive update from the company around operational progress.Yup , that's where my plan gets a bit unstuck ....

[johnwalton] 17/3/2020 16:29

Cash in pocket might buy some food
cash in nominee will not account.

When the tide goes out you find out who
is swimming with no trunks on!

[xclusive2] 17/3/2020 15:56

Dow fighting back after dipping toe below the 20000 level ! and our Casper taking a dive and £30k traded !Money to be made

[xclusive2] 17/3/2020 14:31

Will the Dow hold the 20000 mark ? If not i'm in for more Barc.

[hallow] 17/3/2020 14:24

Get on with it Clive, it's like watching paint dry.

[dhb368] 17/3/2020 14:18

As Konil has said KO has been fair to PIs so far. He also sees 12p as fair value so unlikely that this would be the first asset to be sold off if any of the holders are in trouble. If the governments can come up with packages to aid businesses through this crisis then the fear of a full blown recession will recede and with it the shorters. I myself would be happy with a corona tax for the next couple of years to pay for it.

[sharekitchen1974] 17/3/2020 13:51

I think this could easily hit 1p if selling continues, oil sentiment has gone at the moment and there's plenty of people feeling the pinch recent downturn

[russiaguru] 17/3/2020 13:23

that boat isnt going to help casp's breakeven

[konil] 17/3/2020 13:17

in fairness to ko, and albeit i dont like the incoming asset transfers, i think he has played it reasonably straight so far. just hope there are no more incoming assets, at least not until they have a deep success and share price is 10-fold from here.

[xclusive2] 17/3/2020 13:03

Jonny, Fk owns a narrow boat ?

Rutter,

I disagree with our Jonny, nothing new there. Caspian isn't going under and they will have no intention of losing their assets whether that be drilling kit, the acreage or the barge. They're prtobably kicking themselves re the CE deal as they could have royally screwed the PIs with a x4 dilution on the deal, hopefully they will be sensible and not planning to load other assets in knowing that they will appreciate from this level. We don't want any more asset transfers or deals at this sp, that will be self serving with no interest to the PI. M/Cap will increase but the share price will be in stagnation mode. Let's hope that they are ethical as Directors, there goes Percy !

Could you buy in the 1p range, i doubt it very much unless one of the large holders is planning to exit or they choose to dilute via asset deals.

[rutter] 17/3/2020 12:38

Really? I'm finding it hard sitting with cash available. Smallest of bounces on DOW showing. I shat try and sit on my hands at this time. These are juicy prices though aren't they