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Share Name Share Symbol Market Type Share ISIN Share Description
Caspian Sunrise Plc LSE:CASP London Ordinary Share GB00B1W0VW36 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.125 3.91% 3.325 3.25 3.40 3.325 3.20 3.20 816,399 14:11:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 9.1 0.7 -0.1 - 63

Caspian Sunrise Share Discussion Threads

Showing 22426 to 22448 of 23175 messages
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DateSubjectAuthorDiscuss
04/5/2020
10:40
DB - many companies, some of which we share interest in, don't just talk about production, but set it in the context of netback. E.g. DGOC this morning - here's our cost, here's our (higher) hedged prices, here's our production. Production increases are great, and positively, it looks as if their prognosis for the field's characteristics is being upheld, allowing more confidence for future wells However investors looking at CASP would go beyond the production and ask what money is being made (rather than lost, hopefully!) on each barrel, or what would an updated reserves figure look like, details that holders here have almost decided are irrelevant on the basis that we're never given them. They could look for an updated presentation too and not find one... Even when the results come out, they'll be out of date relevant to the current position. Monthly cash outlay is 25% of what it was... awesome, but what was it in real terms? So, who is going to drive the demand that from today's RNS suggested would be warranted, if the company is unwilling to invest in the time to paint a full picture to the market
spangle93
04/5/2020
10:36
In a post shale world MJF will likely justify a low teens price on its own.
dhb368
04/5/2020
10:01
what do you think norman?
jostrummer
04/5/2020
09:46
FWIW Final Results last year were 24th May 2019
togglebrush
04/5/2020
09:38
If 500 barrels of oil per day is the new norm for these MJF wells then there is going to be a lot of cashflow spare in the coming year once prices move back into the $30 range. Also that boat may be hired once the taste for exploration returns. The US adding 100k of oil essentially capped exploration elsewhere but now that is over? Who knows Kazakhstan may be back as a favoured location away from the troubles of the Middle East?
davidblack
04/5/2020
09:18
yep, no complaints here, as you say db, casp is fast becoming the company we wanted! courtesy of CV.
jostrummer
04/5/2020
09:13
That's a good question. Deal not franked by Kazakh authorities yet but I'd assume we're in for the 100k. £60m m/cap, do the sums folks and take advantage. Not going pop, low operating costs, in 'good shape' to ride this through unlike many OE companies.As soon as oil prices move back pat $30 and Covid improving , revenues up, more asset opportunity and they'll be in position to take advantage.153 and 150 were much better than I thought. These are sweet spot wells but great results. What is MJF worth with field developed and 24 wells drilled ? 250k bopm at sensible prices ?
xclusive2
04/5/2020
09:11
Looks like some more family planning in there with the appointment of the son to the board. I doubt we will ever know the real reason but looks like KO wants his son their to mind the company assets. As to the rest all good stuff and yes it’s interesting that reference to acquisitions although the last one “The boat” which was pointless at the time needs to contribute before we have any more. Still apparently the world is getting bullish on low cost oil once the shale, heavy, tar and legacy historical have been closed down in the next 6-12 months.
davidblack
04/5/2020
09:07
We dont know welcome to the world of CASP. Would expect not being as the major shareholders own it lets let us all share the £100k a month costs
steveh8
04/5/2020
09:05
Today is not a good day with Buffet's downbeat views on stock markets over the weekend. We should still have a couple of ticks up. This should re-rate when the dust settles.
picardy
04/5/2020
09:05
Has Clive just confirmed that the acquisition of the Caspian Explorer has been put on hold? RNS 21 Jan 2020 - Oraziman's family's interest would increase from 42.9% to 44.2% after sale of CE to CASP RNS 4 May 2020 .....we also suspended work on a number of acquisition prospects.... ....Oraziman family which owns 42.9% of issued shares So the £100k per month berthing costs mentioned on this BB a few times are not being incurred by CASP as they dont currently own Caspian Explorer?
the new norm
04/5/2020
09:04
applaud the actions taken to safeguard future in face of cv. and obviously liking the 150/153/151 news. rns, not so much, holes have already been pointed out by others. a5? shaggy dog. aibek? hmmm, would like to know his experience. could be a good sign, may provide some keyman risk mitigation. or not, if his mindset isn't aligned with kuat's.
konil
04/5/2020
08:55
Agree.Spangle,The licence is Yelemes and the 300bopd not MJF. Didn't know but don't expect any issues.153 great newsProduction upContinuing with A5 although gone from broken pipe to link, now tubing....lol151 spudded but at their pacePrudent cash flow managementWith SY, production could be 70k pm almost doubled overnight.What's not to like ?
xclusive2
04/5/2020
08:46
RNS again doesn't mention anything about revenue or the local price they got!
swerves1
04/5/2020
08:45
That is a fantastic RNS. Wonder who wrote it. I hope this is the new CASP. Downplay/be cautious with the first RNS, confirmation later that results were better than previously reported. To achieve 25% of pre cv19 G&A is outstanding. One thing that caught my eye, 'acquisitions'If we assume CE was one what else were they working on?
dhb368
04/5/2020
08:42
Me too thought it would at least rise to 4p before the sell off. Looks like whoever was selling last week is still at it.
steveh8
04/5/2020
08:37
I can't understand the lack of response. These should be up 25% on this news.The company has a higher valuation now than when it was 6 p 2 weeks ago. More production , higher oil price and a new well spudded .
maxim1999
04/5/2020
08:36
I wait for the report that claims that Aibek Oraziman is an independent NED... Otherwise for once there's unquivocally more plusses than minuses in this RNS. But I don't recall about the production cap - what licence upgrade is required? This wasn't mentioned in the July 2019 confirmation of the licence to earn international prices.
spangle93
04/5/2020
08:34
That's a Carlsberg RNS. Can't understand share price reaction and there's only one thing to do (:
xclusive2
04/5/2020
08:15
The financial measures taken to reduce costs and the ongoing revenue give the shares limited downside from here. Especially as we are trading at a discount to what the shares are worth producing 2000 bopd.The upside is attractive with the ongoing shallow programand substantial with the deep program.This must make the stock look attractive vs similar shares in the peer group.
maxim1999
04/5/2020
07:21
Very happy under the CV circumstances. Especially the 153 news
rutter
04/5/2020
07:16
good rns - Clive is slimming down and production up.
pendragon2
03/5/2020
16:28
DHB can dm David Black if yr worrying, had a pint with him while I was waiting for wife after agm,thinking of it we had another pint when she turned up .. in cahoots with Flawless no wrong phrase ... he disagreed with me strongly for selling out at 13p rebuying 4 to 6p then doing same again at 6 to 2.4 to 3.1 .. he believed in casp, i stopped trusting the comms from the board .. we compared research notes at times but no longer in touch as in different shares.
georgesorearse
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