Member Info for BigDano

We'll get the interim results RNS soon which will see this SP finally move forward. Any positive update on the partnership with Novo will be a big bonus..

It might speed up the milestone payments- all good.

Latest presentation from Tullow..

https://www.tullowoil.com/Media/docs/default-source/3_investors/tullow-oil-plc_overview-presentation_September2019.pdf?sfvrsn=6

Jasus A lot of big buys after hours..

More institutional buying surely combined with the share buyback this might finally start motoring and reflect the true value of the company. CEO highlighted last week that the land bank they own is worth more than the company at the current SP.

This day last year we had an RNS on the interim results announcement. We can't be too far away from the same and with revenue now coming in it should give insights on the money available to support the business going forward.

Good point MAO. Interesting that spent the whole day today buying shares on the ISE as per the RNS and it hardly moved the SP. Let's hope buying up shares on the LSE has a better impact..

Good article posted on the ECO thread..

https://seekingalpha.com/article/4242021-guyana-suriname-basin-competitive-landscape-emerging-new-petroleum-province

https://www.cnbc.com/amp/2019/09/14/oil-could-rise-10-per-barrel-after-drone-attack-forces-saudi-to-cut-output.html

I don't think there's a Paddys bar in Georgetown...

To get this share going, probably all 78,878,317 shares will need to be brought back..

https://www.google.com/amp/s/www.irishtimes.com/business/construction/cairn-homes-announces-share-buyback-worth-25m-1.4016951%3fmode=amp

It's pretty close to 704 sports bar.

All quite that RNS on the merger can't be too far away...

Indeed a very strange reaction by the market. One would expect this to pick up once the results are digested by the market...

Guidance increased too.. impressive...

As in previous years and reflecting our continuing growth, revenue is weighted towards the second half of the year. For the full year, Cairn is increasing guidance marginally to c. 1,100 closed sales at an ASP of c. €370,000 - €380,000 and a gross margin of c. 19.5% based on our contracted forward sales. Non-core site disposals, if completed in H2 2019, would improve this expected margin and profitability for 2019.

What an impressive set of results... as expected a dividend and share buy back put in place. Hopefully this will start to get the SP moving...

The Board has proposed a first interim dividend of 2.5 cent per ordinary share. The interim dividend will be paid on 18 October 2019 to shareholders on the register on the record date of 20 September 2019. This is the commencement of a progressive biannual ordinary dividend.

· Cairn intends to enter into irrevocable, non-discretionary arrangements with Goodbody Stockbrokers UC to repurchase ordinary shares on our behalf up to a maximum consideration of €25 million in a share buyback programme commencing on 13 September 2019

2M buy hopefully it's the start of a sustained positive upswing for the SP

The share is on the way up and we have zero posts..... surely the movement forward deserves discussion??

Another large buy this morning - 2m

Further institution buying by Goldman Sachs before the results are released....