Crosby Asset. Share Discussion Threads

[solarno lopez] 21/4/2011 13:09

Thats what is expected and will eventually happen ALPHA

[alpha534u] 21/4/2011 13:03

if Roman is going to use this as a vehicle for his own interests as rumoured ....

then mkt cap could go off the scale !!

imho dyor etc.

[patboy] 21/4/2011 11:12

There - she blows

[t 34] 21/4/2011 10:32

I am waiting for any action in the share price.
Looking at the chart,share price retreated around 2p a bit then it moved upwards substantially.
Any gooda UKMessy?

[ukmassy] 21/4/2011 10:02

English please T34?

[t 34] 21/4/2011 10:01

any move today;around 2p was simillar blip.

[patboy] 21/4/2011 00:38

sorry cant lost it as lukic says russian news paper Google translate.

[keya5000] 20/4/2011 22:30

lukic-looks like its been through Google translate or similar, hence the style.

[lukic] 20/4/2011 22:28

patboy - do you have the link to this article? - It reads quite poorly in places which surprises me for an article. In fact it reads appallingly - thanks

[sirata] 20/4/2011 16:35

Bought in monday @ 5.06p, sold half just before the close @6.77, i always
get caught on a spike, ie VAL, SO decided to play safe, watch it fly in the AM !!!!

[jojo_jo] 20/4/2011 15:09

I agree Rivaldo, more medium term upside than PMG and more short-term upside to come, just on Abramavich's involvement (without any deal-doing). His stake is a dream come true for existting holders. The similarity is in the share price action and target (oil) assets more than anything else, and I can see this going to 30p+ very quickly just like PMG, although it remains a better hold at 25p - 30p than PMG, as deals are probably already in the offing and Abramovich will bring some of his own ideas to the table. PMG like you say may take some time to justify its mkt.cap, especially if its investing in the North Sea.
I'm very bullish, and happy to keep buying at anything under 8p. The MMs want to capitalise on the coming price jump, so are keeping the price artificially down to enable them to do so. They have tried the odd tree shake but it's not collapsing the price because stop losses aren't common on penny stocks, and buyers are coming in to mop up reasonably priced stocks before it gets out of sight.
May be wrong. Often are, so dyor.

[rivaldo] 20/4/2011 14:26

The difference is that PMG has a £103m m/cap (which was £150m!).

CSB's is just £24m - and with the Abramoviches on board has the potential to be multiples of that in a flash with one deal, whereas PMG will take an age to justify its current m/cap let alone any upside.

[jojo_jo] 20/4/2011 14:18

Very PMG'ish in every way, except we now have a huge oil baron's son and heir involved in a big way. I can see it becoming his vehicle - at some point (perhaps in a year or two) he'll up his stake to 51%.
Very small free float means upward jumps will generally be big (30%+). Currently the MMs are just grabbing as much cheap stock as possible before moving it up quick and high... perhaps today, perhaps tomorrow - but soon.

[lukic] 20/4/2011 13:35

If this chart replicates the chart in Jan, the next rise would be very nice indeed ;-) Anyway, up +50% yesterday, down 7% today - I can live with that :-)

[alpha534u] 20/4/2011 13:30

does look like a PMG mk 2 ..... can people buy and hold for 3 month's any more ???

time to get on board ?? ;-))

[quraishim] 20/4/2011 12:59

Well the rush to buy will start.....hold on to your seats, and dont forget to fasten your seat belts....11p to 12p by tomorrow close..

[quraishim] 20/4/2011 12:57

Agree with you Jo, there is immense potential....for patience...

[jojo_jo] 20/4/2011 12:54

MMs will probably hold the price sub-7p until they have enough stock to fulfil big order(s) and/or sell at a good profit. Then we could see a serious jump which will take out the limit sells at around the 8p mark and settle at about 9p. Most people with 10p limit sells will probably then move these up allowing the MMs to lift the stock higher. Could finish around 11p/12p by close. All pure conjecture of course. DYOR.

(Just discovered that using the left arrow key < before the number 7 prevented type after it being uploaded eg:

[quraishim] 20/4/2011 12:38

watch the scramble to buy after lunch!!!!! short termers are being taken advantage by the MMs

[patboy] 20/4/2011 12:23

lots of them sells are buys

[moochy] 20/4/2011 12:12

JoJo try typing letters instead of a dot...lol Just kidding of course.

[rivaldo] 20/4/2011 12:06

Firstly the Abramoviches will have a strategy to get CSB's value and share price up to levels where they can make their next move. Secondly, this is Abramovich Jr we're talking about - there's no way that his first major investment will be allowed to look staid or unsuccessful. IMO anyway. Let's wait and see.

[5hakey] 20/4/2011 11:54

wait till the russian pile in