Coastal Eng Share Discussion Threads

[dragonsteeth] 19/11/2013 08:09

wow just picked that up on my IG index watchlist, probably sums up my feelings for CEO at the moment - great rise , why no RNS , and too be honest I've been here nearly two years off and on will be glad to sell.

[rivaldo] 19/11/2013 08:07

That really is strange - what happened to the people who bid $23?! And everyone else come to that...

[dangreen86] 19/11/2013 08:06

What do people think - time to sell or hold and wait for takeover to be completed?

[naeclue] 19/11/2013 08:04

Just have to live with the disappointment. Was starting to wonder if the whole thing was a hoax.....

[addison17] 19/11/2013 08:03

mmmm up 23% this morning according to my charts.

[dangreen86] 19/11/2013 07:55

Just logged on and bid price is at £11

[davr0s] 19/11/2013 07:53

Yes strangely they are all up bright and bushy this morning!

[gn100] 19/11/2013 07:51

In your dreams :-)

[davr0s] 19/11/2013 07:19

Yes good point - hopefully the mm's have another slow start and haven't seen the news

[naeclue] 19/11/2013 07:16

Was thinking exactly the same thing DavR0s, somehow appropriate that there is no RNS.

Disappointing end, but have held for a few years, so no complaints over the piece. Will remember all those successful wells fondly, made a nice change from my other exploration investments.

Hopefully no more twists and turns, not sure I can take it :-)

Maybe a last opportunity to buy in the UK this morning, while market waits for TSE to tell it what to do?

[davr0s] 19/11/2013 07:11

Thought they might have cared to RNS this news at 7am !

[davr0s] 19/11/2013 06:59

Interesting. - that explains no buying back. What can we figure out here - have they concluded it is going to take a long time to get back to these share price levels given what they know and the agreed price? Or are they using this as a stalking horse to flush out others? This just gets us back to the range we were in 10 or so days ago, before we dropped 25% - pity those that sold the slide. Still it won't be going down 4% again today ! Going to be an interesting few days and weeks....

[sander4709] 19/11/2013 06:08

$19 CAD too, so that's a smidge over £11.

[energiser01] 19/11/2013 06:04

May be it'll flush out some othe bidders @this level.
dyor etc......

[davr0s] 18/11/2013 19:54

Been patient for nearly two years and will continue to stick. Don't hold many oilers but did this one as it ain't going bust

[morti1] 18/11/2013 19:53

....though cen share price 4.4% down right now

[morti1] 18/11/2013 19:51

Patience required I think. Company with cash and solid fundamentals in place.

[davr0s] 18/11/2013 19:36

Yes rubbish - still holding but management seems incapable of executing. So many catalysts but most seem to have fired a blank so far. TheII board suggests institutions are still buying so am hanging in. Something must go in its favour at some point. No buy back has resumed (yet) which might suggest they are still talking to a bidder - who knows - it's all very well hanging on for some bigger value but unless they can start to execute then we are going nowhere. Maybe I'll wake up one morning to find the big shareholders have lost patience and sold out. Have had many winners this year - this has been one of a very small number of losers - and by some distance

[stansmith3] 16/11/2013 20:44

dukei was surprised to read you had sold 95% a few days ago on iv, that said i sold 1/3 of a couple of weeks ago and another 1/3 this week,disappointed to have missed two bites at 20+, but i have lost confidence in mgmt, although i do believe there is much more oil thereif we hit 13 again, I may double down, but it'll be a trade only, should we have any kind of pop, im offreal hat tip to wshak and tgg on this one, just a fabulous investmentall the best everyone

[morti1] 16/11/2013 16:18

5 % drop in Canada on Friday. i thought the share price would bounce back a bit after an overreaction to the statement.

[dukedosh] 15/11/2013 09:21

After a great 5 year ride here, I no longer hold any Coastal stock. I'm still watching and will continue to update the header here until someone takes the mantle and makes a new CEO thread.

I wish all fellow holders here the very best of luck and hope it happens, what ever it may turn out to be.

[davr0s] 15/11/2013 09:00

Wake up mms - CEN closed 3.4% higher after the uk market closed last night!