Civitas Social Housing Share Discussion Threads

[monkey puzzle] 18/6/2010 16:40

Another new low today....what I can;t figure out is why MM keeps throwing money at this, year after year...he must be down an absolute fortune...is he so rich and arrogant he can afford to treat this as a personal pet project that he will keep alive no matter happens in reality....a bigger fool and his money I have yet to see.

[domtheone] 18/6/2010 08:44

Going down.

Aim listing fees will soon be more than the companies value.

[monkey puzzle] 17/6/2010 15:05

Silly share

[domtheone] 15/6/2010 19:42

Dead company.

[volsung] 15/6/2010 17:42

Sad company.

[aim_trader] 15/6/2010 14:37

I don't think this is going to fold. I think a more substantial placing could be on the cards for additional US assets.

"Caspian Holdings maintains focus on overlooked oil fields in the United States"

[sirshagalot] 15/6/2010 12:57

£200,000 straight into his pockets hahaha

[keya5000] 14/6/2010 21:45

MP, that was my thoughts, how on earth did they manage to get a placing of £200,000 away, obviously a big discount but still how will they dump that lot on the market?

[monkey puzzle] 14/6/2010 21:41

So why is it still valued so highly at £1.65m???

[domtheone] 10/6/2010 23:23

Nope. Down down down. Plenty more down to come. Last one out turn the lights out.

[uggly buggly] 10/6/2010 19:30

Anyone going to the AGM ?

Chuckle chuckle :)

[domtheone] 26/5/2010 11:24

I wouldn't offer a penny extra funding for this piece of sh*t.

Long term shareholders are never going to get anything back. Sooner it folds the better.

[monkey puzzle] 25/5/2010 09:59

Results issued yesterday and not one single post....shows that there are zero LTB&H posters here and all those rampers were just P&D merchants. The report is pitiful to say the least and the company is still clearly struggling to survive and fold without raising new money....and not one single detail on Kentucky that refers to production volumes or anything in 2010 as an outlook.

GOING CONCERN

As a result of the debt and equity swap in 2009, the Company was able to remove the major liabilities from its balance sheet.

Based on the Directors expectation that shareholders will support the Company
and having received initial commitments for an intended capital placement, the
Directors are satisfied that the Group has sufficient resources to continue its operation and to meet its commitments in the foreseeable future. The financial statements have therefore been prepared on the going concern basis.

In the event the Company does not complete the capital raising, the Company will not be able to meet its debt obligations when they fall due and will cease to trade.

[wstirrup] 06/5/2010 22:16

I haven't posted for months, but I think the reason that Caspian bought some of the old worn out wells is because A) America doesn't like sending its dollars to overseas countries hell bent on destroying its ideology, and B) New technology means that what were once relatively low production wells can be increased so that they are producing well above cost of running it. Wells can be cost-effective on as little as 5-8barrels a day if it is light sweet crude, and the costs of the nodding donkey is part of the deal when it is bought.

Not sure what these elusive technologies are, but I heard that they have doubled output in some cases. Of course these companies are all US based.

Worth bearing in mind.

W.

[domtheone] 06/5/2010 15:29

bill1976, replace confident with crazy would be more appropriate.

Probably shorts closing lol.

If the rise was legit and sustained. The company would have to make a statement.

Given the the share price will probably be back (even lower) where it was this morning in a day or so, I doubt they'll be any statement.

[sportbilly1976] 06/5/2010 15:12

in what way?

[sportbilly1976] 06/5/2010 14:35

just loking at the trades on plus....someone confident enought to take 900k at 1p!

[msufi1] 06/5/2010 12:37

bid ticked up to 0.81 wen price is 0.75-0.85 flying now

[volsung] 06/5/2010 12:32

There's bound to be some compulsive fool sucked into buying this. Sad but never fails with P&D

[monkey puzzle] 06/5/2010 12:12

Some serious ramping on iii by buystock imo......he and his litle gang of P&D all bought in again, created a spike, that drew in newbies and so on......seen it all so many times here...and every time the price has ended up lower than it started after each spike...this company is effectively bust with no revenues and a stake in some crummmy US oil field where they have never given out any production figures, ever......