The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
AGM done. Eagerly awaiting the next positive operational news. At the moment Cadogan can do no wrong. Cash reserves more than MCAP. Indication of Positive flow results etc. GLA
It was Cantor Fitz in March 2017 (!).
But don't let that put you off - I reckon the shares are vg value and have recently doubled up.
Which broker?
And a reminder that broker target is 30p
I thought we were due an update in terms of turning the taps on ?
Which figures are due now?
I guess the Half Yearly Report is the next one which comes in August.
Figures due any day?
are we not at 20P + yet????
...for the impact of those figures to actually sink in with the market.
http://www.cadoganpetroleum.com/~/media/Files/C/Cadogan-Petroleum/investor/reports/2019/COGC-2019-cadogan-presentation.pdf?
free float 39,5%....
Placed for 8.50
In terms of possible acquisitions there should come something soon imho.
From their website:
Strategy Overview
Cadogan’s strategy is to leverage the strength of its existing balance sheet to make selective asset acquisitions that will support its long term financial position and create upside opportunity to drive shareholder value, while diversifying the portfolio and overall risk profile.
The focus of the Company’s asset acquisition strategy is to create a geographically diversified portfolio of assets, with the following objectives:
Enhance operational performance to support the Company’s long term financial position
Create exposure to additional upside potential.
Balance the Group’s risk profile through greater diversity, both via opportunities and geographic diversification.
Value creation will be pursued by investing in regions well known to the management team (Africa, Eastern Europe, Middle East and Central Asia) and by taking advantage of distressed assets and assets disposed of as part of another company’s portfolio optimization.
In pursuit of its strategy, the Company will lever its existing strengths, which include:
a strong balance sheet;
a lean organization;
a proven record of being a low cost, efficient operator with strong HSE credentials;
a Board and management with proven industry and finance experience.
Cad does not even have a "classic" corporate presentation. I really think they need to do more promotion for their good job and - what is even more important imho - a clear pathway where they want to go further.
This is what investors want: Strong fundamentals but also a forecast which is building some fantasy and more potential.
CAD needs more attention from the market.
They might need to improve "marketing" themselfs maybe.
Nevertheless I am totally relaxed here. The fundamentals were strong, since today even stronger. Sooner or later the SP will reflect that ;-)
WTF? Good news released this morning and share price is now dropping - got to love the AIM. What do CAD actually need to do in order to get this price moving up?
...its coming :)
Yes, considering the strong cash position CAD could be more aggressive in developing more wells.
Maybe at the AGM they will do some explanation on further strategy and I guess for the AGM they will also update the corporate presentation.
Also I wonder logistically how many BPD they can handle,very conservative flow,nice and steady,dollars role in,and oil field development, more wells?
And from trading volumes its quite visible that CAD is still running underneath the radar.
Many investors follow BLOE or ZEN or 88E or others but from fundamentals imho CAD is clearly #1 !
I guess at latest when certain analysts will re-evaluate the valuation of the company (and I think they HAVE to) and when CAD announces the next quarterly we will see the next boost to the SP :-)
main market.
Is deplorable. How can a company be valued less than its cash position, let alone its producing oil in good quantities. total farce aim.
at 11.5p, but think that's decent for a move up to 15p.