The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"Another question is, why didn't CASP buy this piece of land for $50k? it was in the Government auction and they had RNS's that they were looking for other projects you would assume they were aware the Government had announced another block sell ?"
This is the issue right there. Altinbek only incorporated CS Energy last summer and bought the dead camel.
Anyone of Casp's subsideries (BNG, 3Abest, Eragon etc) could have bid for it.
Clive needs to tell us what CS Energy paid for it.
I'll find out soon enough when the Kaz gov publishes it's accounts.
Clive also needs to come clean on the fines due on 3abest and all the court cases going there.
Belles, when I look at year on year revenue & margins it looks pretty good to me.
The sp is down to PIs. The BoD don't trade and the current sp is exactly what you lot think it's worth. It's trading well below fair value by any metric.
The BoD have no interest in jacking up the sp as they'd rather put the effort into building a business. Even divis couldn't break 10p.
Drilling progress has been slow due to consecutive issues outside KO's control.
1. Dosbol not paying his share of the costs 2017/18
2. Covid -2020/21
3. Kazakhstan - Bloody January 2022
4. Putin 2022/23
I like CASP ... it's resilient.
I'd rather CASP go in the right slowly than fast in the wrong one.
This is the right direction.
Multiple producing fields and revenue form upstream and midstream activities onshore and offshore.
Plently more in the pipeline but only a few can see it looking at trades today.
smarty, the bottom line is the revenue has grown y/y and casp has more growth opportunities now. it why we tolerate this ****. whenever casp hit a problem they come back stronger.
the current situation will be hurting ko & wcp more than it's hurting us.
mjf 142 issue is unfortunate but they will resolve it. i think they will surprise us with sy too.
Federated data platform
https://www.england.nhs.uk/digitaltechnology/digitising-connecting-and-transforming-health-and-care/fdp-faqs/
is not a replacement for bleepa. It's solving a very different problem. There might be some overlap with carelocker.
I do agree though that Tom needs to make a statement NOW.
Thanks Bottled, but I said revenue+cheap. I'm not knocking it... money to be made if you know who's pumping it and when they will exit. It's not something one can scale into and hold for more than a few days.
The delays here are frustrating but value is building in the background and will be reflected in the share price sharply.
Mcap here at 60mil ... when the boat alone is worth $50mil.
The ukraine war has already vanished from the media and it seems it impact is reducing in Kaz. It'll be distant memory soon enough. H1 has been a bit schit but it revenue will improve going into 2024.
I guess divis had to be paid at any cost for the WCP to start their new life in UAE. I'm sure KO would've wanted that money spent on 141 & 142.
Next 6 months are absolutely critical here - we'll all find out how this story will end. Not the time to be out if ever believed in it.
They announced years ago that they will not rush out to RNS every bit of news so that people can trade on it.
Plus they always sit on good news to mix it with some bad news (which means there's no bad news they are sitting on ATM .. Yay!)
Y'know Clive can sit on a lot ... the whole of BNG in 2017 ... it was special ... his words.
If CASP did start pumping news out for news sake it can only mean two things.
They are looking to raise.
They have bought something with CASP shares and the seller wants out.
Neither is true at the moment (another Yay!)
TBH, it's been like that this whole month. I've been quietly buying all the way from 5p.
Shorts knew accounts weren't going to be ready & possible suspension rns was coming. Who leaked that info??
They made their money today and this will bounce back next week.
Casp isn't an easy hold or trade.
It's not a defense of Clive just a keep strong message to those still in the game.
Never force Clive's hand to write an RNS. I did that twice and the sp tanked ... unless that's what you want.
That's why I've kept quiet .. no posts/tweets.
They operate a don't ask don't tell policy for good reason :)
TT, after nearly a deacde of investing I've not found a single BoD that can be trusted. Some are better at hiding their agenda than others. Fake smiles, assurances etc. Some are just incompetent. But then the competent ones are usually mercenary.
Captialism doesn't reward nice guys.
I can only trust the numbers and I can see growth (2018)$10.8m, (2019)$12.1m, (2020)$14.3m, (2021)$25m
What will it be this year? They already hit $25mil at half time, and then stepped up a gear by switching to mini refineries.
The state of the current SP is completely down to fickle investors. If there is a lack of trust anywhere it is between investors. They can't trust each other to hold so everyone wants to exit first ...and they are never happy.
When we bought the boat for $3.6m they weren't happy. Non-stop moaning on this board for two+ years.
Now we sell half for $22.5mil ... still not happy.
When we paused ops to pay a divi ... not happy. Pause divi to pay for ops ... still not happy.
Meh .. more for me.
seav1ew it is old news and that's my point. The restructure was a long time in the planning, and there was a very decent window since sep'19 to get bleepa in. That window closed in Jan and now will reopen once the process complete. However, the landscape might look very different!
underway as we speak. Some 6000 jobs axed. All new procurement will be on hold until at least until October'23.
https://www.healthcareitnews.com/news/emea/nhs-england-moves-ahead-tech-restructure
It was fairly obvious QVH would pull the plug as I doubt they'd want to move ahead without support from NHS Digital.
This has all been in the public domain for a year and conspicuous by it's absence from the FDBK PR machine.
Smarty - I'm responding to your post as it's at the top .. not picking on you personally.
This share has been ramped ... WTF? Tell me what percentage of bullish posts have been non factual.
This is the most well researched board on AIM. What we don't control is if an RNS will be positive or delayed.
The problem is many sold their trading pot way to early and killed the rises a few times and then started **** posting on here to buy back. However when faced with solid research and boaty deal confirmed at a higher rate they panicked & bought back in way too early.
Now just keep calm and wait for the market to do it's thing and there is an opp to make money here if you haven't totally ballsed up your trading.
I didn't complain when you handbraked the rises so please don't go all Zelensky now.
Spot on Mike, I've only ever seen these approvals for MJF and SY once both fields were ready to become producers.
You don't invest that much in infrastructure unless you know you have a commercial field.
You won't find one for Airshagyl.
Now this one pops up for Yelemes (where 802 lives).
Why now? What have they found?