Member Info for 34adsaddsa

You need to be consistent with your currencies.

They're selling the north sea assets. Egypt is 2/3s fixed price gas. They have lots of cash on the balance sheet. Yes they'll get some extra cash from higher oil due to egypt+north sea flex payments but the reason to be bullish on Cairn is the cash due from India.

Nothing else really matters.

If you see Cairn as an oil share then you're not seeing it for what it is.

They've added 16M African mobile customers in the last year and currently less than half of them are using data. There's genuine growth there.

They've already written off India.

Yes, but Vodafone also has the debt. Vodafone owns stakes in lots of other things.

VANTAGE TOWERS AG (VTWR) 81.1% 13,543,072,885 USD
KABEL DEUTSCHLAND HOLDING AG (KD8) 93.8% 10,867,501,394 USD
VODACOM GROUP LIMITED (VOD) 60.5% 10,591,455,222 USD
SAFARICOM PLC (SCOM) 39.9% 6,068,640,000 USD
INWIT S.P.A. (INW) 33.2% 3,565,846,901 USD
INDUS TOWERS LIMITED (INDUSTOWER) 28.1% 2,528,419,402 USD
VODAFONE IDEA LIMITED (IDEA) 24.4% 837,601,348 USD
TPG TELECOM LIMITED (TPG) 11.1% 835,162,940 USD

Half year results 2021 4 August 2021

You can find out this stuff in 10 seconds on their website.

oil new highs as people realise the headlines on news wires mean nothing. No recovery yet for shell.

Contains no new information at all.

The tobacco industry has been hated for a long time. That didn't stop it from having an amazing 15 year run. I'm confident we'll end the year much higher as long as OPEC can avoid once again screwing things up for all of us.

Read it carefully. I don't think they're actually going to reach the target in Q2 results. I think they're getting rid of the target because: working capital is making it artificially difficult to reach, the macro environment is totally different from when the target was set and, most importantly, the stock is super cheap and they want to buy back while it's cheap/get the share price up.

FWIW I think they will go crazy with share buybacks once they meet their net debt target.

I'm listening to it now. He's talking about the dutch ruling. Sounds like he's fine with 45% reduction from their own operations but thinks 45% reduction from customers (scope 3) is not fair.

https://globaloptimism.com/podcasts/

I think the standard is a 1 year price target but I'm not sure to be honest.

£22, not £20.

50% upside

June 15th https://www.theaustralian.com.au/special-reports/megaera-done-but-value-persists/news-story/10d6d4b582b523ffe9b5b701b9b7465c

"What the International Gas Union called the “great LNG build-out” ended two years ago, and Chevron’s Gorgon and Wheatstone facilities are online, Woodside’s one-train Pluto has been exporting for several years, and offshore Shell’s Prelude vessel is up and running despite major teething issues."

ASSUMING THEY HAVEN'T HEDGED.

Spirit energy will be benefiting from gas and oil prices.
The nuclear assets will be benefiting from UK electricity prices and CRITICALLY they won't be paying huge amounts for carbon credits because they aren't producing carbon.

I can see data going back to 2013 and UK electricity prices for May were the highest ever. June's were even higher! They're planning to sell both of those assets. If that does happen, at least they should get decent prices for them now.

The idiots are still selling.