Member Info for Badgernator

Does anyone know how Greece is faring? They were bankrupt when rates were nearly zero, the rest of southern Europe can’t be far behind.

Apparently we are in a cost of living crisis. If they can deliver results like this even in bad times I can’t think of a better place to park my money.

I agree I just added any announcement regarding the divi and this goes back in to the 6’s. I think the boat deal safeguards the dividend, even if we miss one quarter knowing it’s coming back should give a lift.

You’re not missing anything, nor did the market

I’ve got to say Caspian is becoming farcical. They say they introduced the divi to attract investors then mess everyone around by not keeping the market informed. The boat deal screams dodgy, and as for the reason an oil exploration company exists, they do nothing. The management needs replacing, but they won’t because they are working for the benefit of the major shareholders to the detriment of us pi’s.

The management don’t care about the sp, the concert party aren’t going to get out with a share marketing scheme, so of all the conspiracy theories I think we can discard this one. I think the divi was to help someone with a cash flow problem. It was too soon and seemed rushed.

My personal conspiracy theory is they messed up 802 due to Caspian empolyees incompetence and they think oil will flow with a competent crew doing the work.

Unfortunately you can drive a bus through these rules and dear old Clive knows it. Without an rns anything could happen.

Paul you’re just saying what we’re all thinking, without Bico tenders I would have started selling. However that is the best information we have to go on and that looks positive, hence the majority sitting on their hands. If they say they have to cancel this quarters divi because they have needed it to increase production AND they have have increased to 5k+ I think the market would react positively. If they’ve used the divi money and achieved little then we’re in trouble.

I’m finding the lack of a sell off reassuring, normally on aim this sort of uncertainty is punished.

With Caspians history incompetence has to be favourite.

In my experience most people haven’t changed their spending. rates will need to go a lot higher. All the printed money needs to be taken out of the system. As always the people at the bottom will suffer the most.

I expect rr to get the nod but the conservatives will want it fresh in the electorates memory so the green light won’t come until nearer the election. An attempt to buy northern voters.

I see absolutely no reason not to pay a dividend. It might start small but the whole reason to rush to pay off the German government was to allow the payment of dividends. Debt is now manageable, hopefully the business is going great guns. I don’t see an excuse not to pay dividends.

I think they are paying cash so the value of Gsk will remain the same, assuming this company is worth the price.

Totally agree, clearly undervalued now it’s a little smaller I think it’s a sitting duck. Sooner or later the yanks will take advantage.

And fyi there is no such thing as simple economics, if you believe there is then it’s not the economics that’s simple.

Simple economics, that’s the best most persuasive argument I’ve heard. Let me put it this way it’s simple economics that Brexit has been a success.

The barge is the only game in town. To build another would cost $300m. Why would we sell it? Unless we got a ridiculous offer I’d rather rent it to them long term, a 10 year lease for $30m a year would suit me.

‘We are delighted with our fist half performance’

At times like this people have to step back. Will Lloyd’s be around in a years time? As 2008 proved Lloyds is far too big to fail, it’s systematically important. However 2008 is still fresh in people’s memories and banks are seen as vulnerable.
Lloyds has too much capital! It’s over capitalized even to the much stricter post 2008 regulations.
So if you assume Lloyds survival then the current turmoil is a good thing. As a Lloyd’s shareholder you are buying Lloyd’s shares- through the buyback, you’re getting shares alot cheaper than they would have been. Unless you’re a seller in the next six months relax. Take the divi and get on with your life, banks in Silicon Valley have little to no impact on British house prices and that is really the only thing that matters to Lloyds