Civitas Social Housing Share Discussion Threads

[nilip] 24/1/2007 11:29

Seagreen - just read your post - LOL :-))

[english bigblls] 24/1/2007 11:13

Barony,

Thought current production was averaging 130bpd, not 300?

[barony] 24/1/2007 11:00

From CSH web site - 24 OCT, 21,600 barrels export barrels sold for $1.3M = $60 per barrel. This was Qtr end of September. This was that quarter's production plus some left in storage, some sold locally, (possibly), and some from previous Q. I don't think income in Q4 has been stated yet. If MM can maintain 300 bopd, then income should be around $4-$5M and more than half profit. What would that make CSH worth? ($20M on a 10X earnings multiplier and nowt for assets?)

[Abuse team] 24/1/2007 10:51

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[seagreen] 24/1/2007 10:51

guilty..........for the long term.......it should triple or quadruple from here......did from 8p last time....

nilip I was trying to get it for 6p...your too noisy.......beat me to it.......you cad,,,,,,,,,,LOL

ah well carry on............

[biggy smalls] 24/1/2007 10:26

well that's good news. So an extension may well still be on the cards then, which IF it was to ever happen, can only help an already devastated share price

[stuart14] 24/1/2007 10:07

Biggy Smalls. That is rubbish. I asked Masterman outright if it was owned by Americans and was told categorically it isn't.

[nilip] 24/1/2007 10:05

Someone just picked up 150,000 - good sign - big buyers starting to appear.

[nilip] 24/1/2007 09:44

Starting to rise again ... bounce on the cards.

I've picked some up today.

Wouldn't be surprised to see a bounce back to the 9-10p mark over the next week or so.

[badabing] 24/1/2007 09:32

good luck biggy

[sabretooth] 24/1/2007 09:29

Sucker rally most likely. A chance for shorters to re-open and short down to 3.5p.

[biggy smalls] 24/1/2007 09:25

The extension of a drilling permit apparently is fraught with problems due to targetted fields being pre-owned by some American outfit who have a lease until something like 2010. This is something that I picked up over on iii some time back and haven't been able to prove one way or another.

[cinoib] 24/1/2007 09:25

Value, don't see any value here. Very please I dumped it at 30p, saved me a fortune. Imake more profitt in a year than this bunch, and I'm not listed. Vpc produce in ONE DAY what this lot produce in one year. Get real and get out. Judging from the posts of late, a lot already have.

[Abuse team] 24/1/2007 09:23

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[biggy smalls] 24/1/2007 09:20

LOL, volsung. It's a tough call

[volsung] 24/1/2007 09:18

Do I detect upward movement. Sucker rally or the real thing?

[stuart14] 24/1/2007 09:16

Jez, I think CSH benifitted massively from a mixture of insanely good sentiment, massive PI ramping on BBs, and a very good initial plan.

It failed because the initial plan turned out to be pie-in-the-sky, Masterman has lost all credibility (didn't he speak at an Oil Barrel conference last Autumn again) and sentiment has turned big-time.

I'd agree, I've learnt a great lesson from CSH, one that won't be forgotten.

[phillis] 24/1/2007 09:10

Jezboy - you hit the nail on the head!

[Abuse team] 24/1/2007 08:49

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[Abuse team] 24/1/2007 08:45

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[nilip] 24/1/2007 08:44

Looks like this one could be about to bounce.