Caspian Sunrise Share Discussion Threads

[the new norm] 21/5/2020 13:26

No public holiday so Mr Kaz seller probably will do his thing later this afternoon.

Crazy times indeed X2

[the new norm] 21/5/2020 12:56

Is it a public holiday in Kaz today?

[xclusive2] 21/5/2020 11:02

Unable to sell 25k online and our seller is obviously hanging out for 4p and in the absence of buying interest, the share price needs to slip back as there's no market. Oil continuing its march towards $40, amazing really when it was only $18 earlier this month. Crazy times and crazy share price

[rutter] 21/5/2020 10:38

Mr Kaz seller has certainly killed the market

[xclusive2] 20/5/2020 21:15

Yep not Monday for a fact and probably not until interims.

Tick, tock.

[dhb368] 20/5/2020 21:12

Nothing gets past you Norm.

[the new norm] 20/5/2020 21:03

RNS tomorrow or Friday but certainly not Monday!

[togglebrush] 20/5/2020 16:31

Check the war insurance on the Caspian Explorer
'
Russia’s Main Naval Parade in St. Petersburg on Navy day 26th July will involve 46 combat ships

Apart from St. Petersburg, the naval parades will be held in all the Russian Navy’s fleets: in Severomorsk, Baltiysk, Vladivostok and Sevastopol, and also at Russia’s Tartus naval facility on the Mediterranean coast in Syria.

For the first time, Russia’s Caspian Flotilla will hold the naval parade at its new base in the city of Kaspiysk.

[dhb368] 20/5/2020 15:45

Maybe we will get another late reported trade after close.

[xclusive2] 20/5/2020 15:15

Yep , only 8k as buyers know the bid is dead as there’s a seller who needs to lower his/her expectations. Took some TXP and CRST profits this morning, the usual happens, TXP marches on to 40p...lol. JAY also had a bounce and our Casper not wanting to play.

Oil through $36 and we’ve got a blocker to do progress.

MMs , make a proper market and you may make a few quid.

[dhb368] 20/5/2020 14:55

Total value of trades £8k. Not exactly a sign of an impending breakout :)

We could really do with CASP taking advantage of these few good days because we know it will fall on any down day.

[xclusive2] 20/5/2020 14:45

MMS,You have no trade at this level only a seller that obviously has a sell order in at 4p and no takers. If you drop the price you may get some interest, better still, tell us how many they're selling as it looks sizeable !!

[xclusive2] 20/5/2020 11:20

Norm,

If the volume average is 5m per day and if we take 50% as sells from Kazakhs and repurchased by PIs, c 115m shares and a 6% ownership change. That would make the PI free float of 433m shares but 1.45 bn still tightly controlled, plus there'll be another 200m shares for the barge to add, further diluting the PI influence. Much that it could be Kazakh selling, i'm more in the camp of PI churn.

5M per day is still tiny as a % of free float and i believe that we have been in the rinse and repeat cycle for years now and wealth transfer from one individual to another. Have Kazakhs been selling and taking advantage of Tenge devaluation ? probably. Is there more shares in the free float, maybe if Kazaks aren't buying back.


Most of the time, the PIs are the game as there hasn't much Kazakh trading. All i do know is that KO and clan don't get properly rich until the Caspian assets appreciate and that can only happen with a higher share price

Current market is weak and share price will retrace today in the absence of a buying splurge, Can buy volume, can't sell more than 25k, most illiquid for some time as the next tick is down. Looks like we will revisit the 3.5-4p range if the seller persists, that will trigger more interest but the fact remains, this is undervalued and will bounce.

[konil] 20/5/2020 11:17

hallow, could you please add 'latest a5 status' to your list, so clive does not 'forget' to include that in the update! ta.


i also wonder whether the easing of covid restrictions in kaz are sufficient to enable casp to get delivery of the acid for a6, a8, 801?

[hallow] 20/5/2020 10:31

Get on with it Clive you know what we are waiting for.

[the new norm] 20/5/2020 10:04

Average share volume was 2m shares per day between 1/1/20 to 15/3/20...


Between 16/3/20 to 19/5/20 its risen to 5m per day....

The excess share trading volume equates to a 10% change in ownership of CASP since the POO plunge....

But not one share holding disclosure RNS...

[xclusive2] 20/5/2020 09:24

Toggle,Has to be a sell otherwise our share price trajectory would have been sharply north. Some good buying but sizeable sells, , 3 amounting to 2.3m stemming any excitement.Fundamentals and share price are disjointed and don't equal true value, nothing new there from overheated to ice cold. We were 270m m cap at 14p and 70m today yet we are in a stronger position from s production perspective. Key changes, CV obviously but the main issue being less optimism re deep success and oil prices. We're 70% down as a result, same magnitude of value destruction as the travel companies, Carnival, Royal C etc. This is hugely oversold and again, we will look back and day, why didn't I add, I won't be one of those.

[togglebrush] 20/5/2020 08:51

Large after hours trade listed on LSE
'
Date_______Time______Trade Prc__Volume Buy/Sell _Bid__Ask_____Value
19-May-20__17:08:09__4.175______805,000 Unknown* 4.10 4.25____ £33.61k

[bloomberg2] 20/5/2020 08:15

Still on Furlough Jimbo!! A5 what a pain in the Asss !!eeeeeeeee

[panamajimbo] 20/5/2020 08:08

you're up early ! you still furloughed or hoping for that A5 rns at 7am.

[bloomberg2] 20/5/2020 07:27

Morning campers !!!

[xclusive2] 19/5/2020 22:50

....lol

I was going to add some today but could see that our seller still in play and bid weak. You’ll be very happy to know that my previous holding before selling almost half is now a paltry sum compared to current, ahhhhhhhhh, must be mad. I don’t get the selling when the seller could let it run and achieve far more, most odd.

I’ll let you know when i’ve released a hand.

[konil] 19/5/2020 21:21

smarty, "I’m going to sit on hands but am going to add "

what does that mean? am i having another senior moment.

[xclusive2] 19/5/2020 19:56

Yep, we have a seller, disappointing but regardless of the good news, the share price remains depressed and undervalued. The shallow production is guaranteed, not saying they can’t have a stuff up but very unlikely. Sit back and let the production do the talking.

Listening to Bloomberg and several pundits stating oil getting ahead of itself, I’d agree and nothing wrong with low price oil for another month or so as it will kill supply.

I’m going to sit on hands but am going to add and I’ll say thank you to the seller for allowing me to buy on the cheap.

[the new norm] 19/5/2020 17:42

after hours trade

805,000 @ 4.175p

probably enough to suppress share price me thinks, the steady flow of tokens from KO continues!