Member Info for Barnyrubble

In this morning after watching for a while . Peers results have been good and I expect a strong set of numbers .

Tender price will be 2.30-245 Max. Any more is wishful thinking . Again that is a decent hike on todays price

They are only buying below 200 p this is fact . full stop . Check out the trades it is comical they buy whatever available below 200 p . Over the last 2 weeks this has almost been non existent. Not one trade above 200 p has been made . again this is fact

I agree but retail stocks have head winds , not just Dunelm . This will pass and Dunelm will re rate for award

Solid company extremely well run . Special divi and normal divi will push this higher near term . Nice to see broker updates positive .

Very surprised at the SP reaction on a positive market day . The market spooked by rising costs and inflation . Still record results and over 50 p divi in the next 4 weeks

Boom boom . Better than I could have ever hoped . First line says it all “ record performance and moving forward as the 1st choice for home”
Divi up and special divi declared . Fantastic well done Dunelm

Volcano what’s your thought on the results ??? At these levels I think the risk reward is firmly in our favour .

Never thought this would be 1240 the day before results . Retail getting squeezed but below 13 is bonkers. I agree a increase in divi is very likely and as long as the guidance remains unchanged from Jan update we will be fine.

Any signs of a slow down due to inflation and this will be pegged down . In my opinion this has already been priced in hence the sub 13 price. On the other hand this is a cracking company with great prospects. Sub 13 this is worth a punt. Let’s go Dunelm

Just posted today , Revenue Secretary Tarn Bajaj saying almost all payments including Cairn will be made this month . https://www.google.com/amp/s/energy.economictimes.indiatimes.com/amp/news/oil-and-gas/govt-to-settle-almost-all-retro-tax-cases-this-month-revenue-secy/89377452.
The payment is coming there is no doubt at all so why on earth would you short this .

At the moment there is a 200 p buy limit . If it drops below 200 p the buying will re start .

Crazy jump in Costs to $1200 per ounce with the gold price falling to compound the matter plus the small matter of Putin and Russia . In my opinion this is way off the bottom and near term sub 10 is a given . DYOR

As per the terms of the repayment GOI have 30 days to respond to Cairn dropping all legal aspects . If we take this from the 6th Jan payment could literally be any day now. There was nothing in todays update that gave me any cause for concern . Great all round update and strong balance sheet going forward .

What is going on with this 20 million buy back , I have no idea but seems like a damp squid to me. Proposed 20 mil buy back before end of Jan and we have done just over 7 mil . The buys are also not directly related to daily volume and are super random . I have know idea what the strategy is but it seems to be to keep the S.P above 190 p before next week results and update . Any thoughts folks ??

Very strong start to the day opening over 200 and holding . Let’s go Cairn

dividendmax has been updated shows 13th Jan as ex divi and paydate 28th Jan . Posted on Advn . Let’s hope so . My gut feeling are these dates are about right

surprised there has been no official news?? Cairn take out an advertisement in the Indian press but do not issue an official update. Very poor . Form 3 should be filled out this week and surely we must get an update then and and not rely on the Indian media . nearly All media outlets point to within a month and I will check but I am pretty sure there was a 30 day rule issued in the laid out rules

Berenberg updated its modelling of assets recently acquired by Cairn to "more accurately" capture the appropriate fiscal terms and cost guidance provided in its competent persons' report.

"We note that Cairn's FY21 pro-forma working interest production guidance remains 33,000-38,000 barrels of oil per day, lower than in the CPR (circa 53,000 boepd. The lower output is a result of reduced investment in recent years due to the low oil price and Shell's intention to sell the assets," said Berenberg.

The analysts also said their updated modelling indicated average cash flow from the assets of roughly $96.0m from 2022-26, meaning its valuation of the acquired portfolio increased by 23% to $462.0m, or 66.0p per share.
We badly need an update regarding Egypt and the plan to get back to 50 boed .

On the company website a pre close statement has been added for 25th Jan similarly to last year on the 20th Jan .” Ahead of announcing its preliminary results for the year to 31 December 2020 on 9 March 2021, Cairn today provides an update on its operations and trading performance together with guidance for 2021 “. Unless they are forced into a position of having to release a statement then going on track record this will be the day , same as half year results in Sep.