Cabot Energy Share Discussion Threads

[newforestlad] 19/4/2018 07:38

Cycle kicking in now

[a2584728] 19/4/2018 07:26

Another great RNS. This is all set to fly this year

[a2584728] 13/4/2018 14:15

Added a few more

[a2584728] 11/4/2018 08:26

Another positive update.

[bionicdog] 11/3/2018 14:41

I tried to watch this , but nodded off.

[a2584728] 08/3/2018 07:57

More positive news. Adding more and more

[forcemode] 01/3/2018 07:45

Why not? You can now buy cheaper than the recent placing! :(

[a2584728] 01/3/2018 07:03

Going to start adding more from today

[a2584728] 23/2/2018 16:31

Canadian interest is upping its output and we should see an update in March

[a2584728] 23/2/2018 16:30

Because I think we will see 10p in short time

[a2584728] 23/2/2018 13:55

I am now accumulating these now on a daily basis.

[jonut] 12/1/2018 12:26

cavendish asset man buy 60m shares 080118..10%
high power petroleum llc notify buy ~313m today....29%>61%

[imperial3] 08/1/2018 12:23

Their past record is hardly inspiring.

[a2584728] 08/1/2018 11:54

This will be another Chariott in 3 months

[buggy] 05/1/2018 09:17

A2584728

If you are looking for a share for 2018 and beyond.. take a look at Audioboom:
EPIC Code: BOOM.

Note:
No investment advice intended, please DYOR.

Edit:
This steer is not a hind sight view. This was before the move today. I still think that pod cast is the next frontier in advertising. With the advent of voice controlled devices, speakers etc and growth in on demand consumption advertisers will now need both video, annoying pop ups when you visit sites or advert breaks on TV, as well as audio insert onto non-video enabled device, music streaming (Spotify etc), as well as audio books, and on-demand contents.

[a2584728] 04/1/2018 15:12

This is one of my top 5 for 2018

[buggy] 30/12/2017 10:21

Re:Recent RNS

Looks like this company hasn't thrown away its previous practice when called Northern Petroleum. the share holders seems to still to be the ones to be stiffed..also the lack of management having put any of their own personal money into the company is now a concern for me.

I have written to the CEO prior to Xmas seeking clarification on the last RNS regarding buying back the Canadian assets form H2P and have not got any response.

As the deal stands two things concerns me:

1. It appear that H2P paid US$2.5 mill and US$0.25 well stimulation services ( totalling US$2.75mil), for their 25% share of these assets. Less than a year later we paid US$8.75mil to buy the 25% back.

2. The valuation used to arrive at this price is given as: "....".. The consideration of US$8.71 million for the Acquisition is based upon 50 per cent. of the net present value, at a 10 per cent. discount rate, of the proven reserves as calculated by McDaniel & Associates Ltd:.."

That statement presents another anomaly since currently H2P only has 25% of the Canadian assets , so why is 50% of the Canadian assets used for calculation of the valuation?

H2P has an option that would expire at the end of Dec 2017 to acquire additional 25% of Canadian assets for a US$4M payment, that will take them to 50% ownership. That option has not been exercised and is now expired, so why did CAB use 50% of Canadian assets to arrive at a valuation when H2P only has 25% ownership.

It will be crass ,mismanagement is the CAB did not know exactly how much of the assets H2P currently have and thus throwing away Share holders assets. For a management that does not have skin in the game apart from drawing their salaries I would imagine that such details are not important to them.

As such unless I get a viable explanation from the company I will not be participating the Open Offer and will look for opportunity to sell what I have.
Clearly changing the name of a company does not mean that we now have a new dawn.

[a2584728] 14/12/2017 08:51

Will only go higher as the others bid for it

[akramms] 06/12/2017 08:57

05/12/2017

Cabot Energy confirms talks over possible £15mln funding

[maxk] 27/11/2017 18:02

It's not the same without Muzzer.

[bionicdog] 24/11/2017 12:36

It's not an appointment. Paul has been there for a number of years , he's just been elevated to the board. This happens a lot with NOP/CAB.

[a2584728] 24/11/2017 08:28

Quality appointment

[buggy] 20/11/2017 20:06

I am just speculating on the price for mid next year. I will still be here long after that unless something changes drastically.
I am hoping to stick around for any of the Italian licences to be tested.. first will probably be the Shell managed onshore licence. That may be the company maker, so as long as the price is ticking along based on the Canadian assets ... I will stick around until the Italian licence by Shell is drilled. At the moment none of these have been factored into the share price... mainly because it seems as if it will never be drilled due to the slow pace of Italian regulatory process.

Anyway hopefully news this week or next that they have started the second side-track in Canada. Also operational update due before end of year, hence a couple of news events that may tick over the price depending on which way it falls.

[a2584728] 20/11/2017 10:23

I think 10p is minimum. I am looking for 16p