Kistos Share Discussion Threads

[anley] 06/12/2021 14:23

Brokers Berenberg out with price target of 495p............not able to post but someone will be able.

[fandagle] 03/12/2021 15:58

I lived in Holland for a period of time, lovely hot dry summers, but really cold winters, no protection from the elements either, wouldn't think the tree huggers will be too objective to folk heating themselves to survive.

[anley] 03/12/2021 15:36

Well said but do not forget those silly people who don't want either GAS or OIL and are happy to eat apples all the year round!

Someone has to deal with them at some stage of the GAS story.

[mariopeter] 02/12/2021 15:30

I see they are viewing any solution to Europe's gas problem as one that can only be resolved by an adjustment to demand and not one that can be resolved by supply. I can only see two reasonable possibilities that could reduce demand. Firstly a warm winter and secondly a covid threat to industrial demand.

I can also see how restricted supply can contribute to a higher gas price.

[anley] 01/12/2021 18:41

Thank you for your post - helpful.

[pyglet] 29/11/2021 13:31

https://uk.investing.com/news/commodities-news/jpmorgan-sees-oil-hitting-125barrel-next-year-150-in-2023-2522110

[anley] 29/11/2021 12:22

and in a way this will carry on for a few more weeks of cold weather. Even if the price of gas were to fall the cash flow is something no one dreamed of back when the budgets were drawn up for the AIM introduction. So keep the bank account as full as you can and only a small amount of hedging.

[fandagle] 29/11/2021 09:12

At this rate KISTOS will be able to pay off the bonds and debt in 2022, we are so far ahead of the game here the mind boggles...

[fandagle] 26/11/2021 19:39

Think we actually dodged a bullet today, looking at other oil/gas companies....

[papillon] 26/11/2021 18:28

Well I had a couple of small top ups today, after the big intraday drop.

[papillon] 26/11/2021 10:13

This was predictable last night. FTSE well down as are most things, including cryptocurrencies. Only gold is bucking the trend and is up.

Definitely a Black Friday!

[x54v] 25/11/2021 14:38

In the recent (Oct 13th) interview with Malcy, AA mentions that there are currently opportunities well below North Sea averages and that the company is in negotiations with three of these.

"To find something that is significantly below North Sea averages, there are things out there. And we've looked at a couple of things, and we still continue to look. I think we're involved in about three negotiations right now on other assets." - 11:00

[fandagle] 25/11/2021 14:22

Hey Vino, i suppose as you mention that is what the large salaries will be for, seeing value in assets that others dont, Rockrose did it for a number of years successfully..

[vino] 25/11/2021 12:43

I would be very interested to learn what sort of company they are going to find that with the massive increase of oil and gas price for those companies that were possibly in difficulties will now be looking for a larger sell price and so become too expensive to buy
So either they Kistos will have to wait for the prices to stabilise or find another direction? Any thoughts

[fandagle] 25/11/2021 12:04

I think AA was rather disappointed at selling his previous company Rockrose at only £18.5, I believe the share price touched £22 at one point. I think his ultimate aim is to sell KISTOS at far more than Rockrose, therefore is £30 a low ball figure? Its interesting to check out the Rockrose history, the raises came very abruptly due to AA continually wrong footing the market.....GLA

[anley] 25/11/2021 11:54

Steady as she goes and perhaps there will be news before Xmas.

As for £30 per share which one BB has suggested I wonder how he calculates this!!

[x54v] 24/11/2021 10:54

Looking forward to the next acquisition.

"To find something that is significantly below North Sea averages, there are things out there. And we've looked at a couple of things, and we still continue to look. I think we're involved in about three negotiations right now on other assets." - 11:00

[mariopeter] 24/11/2021 10:37

They had 3 options when last interviewed. TTF holding high which is good for us.

[fandagle] 24/11/2021 08:11

Gonny need a bigger boat at £30, I’m intrigued as to what the BOD will go for next?

[tazerface] 23/11/2021 02:54

£30 per share coming here by the end of 2024. Tazerface

[mariopeter] 22/11/2021 15:41

Malchy today....


"following on from last week’s update Kistos confirm that the Q11-B appraisal well has been spudded. It is perfectly possible that a result could be in time as a Christmas gift for shareholders and provide an excellent springboard for the new year. KIST remains a nailed-on member of the Bucket List for next year".

[adg] 22/11/2021 10:27

Yes - I expect we will see excellent flowrates from Q11-B within a few months and momentum going forward, new highs I would hope.

Whats not to like about the Moram writeup link above (thanks for sharing)