Member Info for dai2belts

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@KevR
Whole thing does not add up, something must be in the balance
Capricorn are exiting UK too..
Another 100M to give out all going well ...
Thinking maybe people will buy small to gain the divi, so a blip up 10%-20%
BB, just 14 posts, some complaining

If bad news is far enough away, there is time to trade, with 50% gain on offer if it does not spike in the morning..
All odd..
Posted on Tros main BB for feed back.. quiet so far...

Anyway got to go out,,

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looks like sell on news of 50% dividend, 1 month too long to wait....
Dividend top of update...?
Must be expecting a big fall in share price ...??

https://invst.ly/-vznw

If I don't buy you know its good to go ;)

Divi like that they can have a cut...
Whats the catch, ?
I assumed the ex/record date was today and that was why the selling..
But checked anyway, its mid May..

The reaction does not add up....
Sell on News to the letter ?

So thought needs some wiser heads to take a look ...

@Eviking
Might be, some posters complaining could have had better ?

ha, ha you cant tell the guys here though ;)

https://www.lse.co.uk/ShareTrades.asp?shareprice=CNE&share=Cairn-Energy

I posted the details on Gold, Broke it down...links..

Capricorn, but the share price has fallen 10%,
RNS was at 7am so not that it was missed.
Consolidation on divi dates, ?????
But Dividend appears calculated on current shares in issue
Its not stated but the maths say so
No details on consolidation..

Its like a trap lol

@Tro, to good to be true

50% Special dividend, ex/record dates May

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50% div
Huge value after hour trades £2M
Some appear sells some buys ???

https://www.capricornenergy.com/umbraco/surface/media/mediaitem/results-27th-april-2023_final?path=/media/3529/results-27th-april-2023_final.pdf

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Guys 50% Div

Ex-date/Record date 15/16 May pay 23rd
but share price down 10%

Need to check out the catch, £2.19 share price
special dividend of approximately US$$450m, 315m shares, so $1.42. thats 114p
So looks on current issued shares

Capricorn 115p dividend, but consolidation too, reading suggests...

"The special dividend of approximately US$$450m, which will be accompanied by a share consolidation and is subject to shareholder approval, is expected to be paid on 23 May as a final cash dividend of 115 pence per share.
The consolidation and special dividend record date is expected to be 15 May, with dealings in the consolidated shares (ex-dividend) expected to commence on 16 May.
The Board commits to return to shareholders all excess cash flow not required for our go forward core operational focus both today and on an ongoing basis."

https://www.sharesmagazine.co.uk/news/market/LSE20230427070007_4752010/full-year-results-announcement

@KevR, A kod MMmmm, will need to take a look

He1, me too that high and drop worth +£1k,
I see whats happening, but chicken out........

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Capricorn
The company swung to a pretax loss of $128.3 million in 2022
Meanwhile, revenue tripled to $229.6 million in 2022

Market Cap £690.01 m, and giving away $575 million.......

The company swung to a pretax loss of $128.3 million in 2022, from a pretax profit of $873.7 million the year prior. Profit in 2021 got a boost from a $1.07 billion tax refund in India.

Capricorn set out plans to return $575 million in capital to shareholders over the next year, It will fork out
$450 million for an immediate special dividend,
$100 million in a special payout in the fourth quarter, <<<<<<share buyback of at least $25 million.

https://www.sharesmagazine.co.uk/news/market/1682597090737926200/capricorn-swings-to-loss-names-new-ceo-and-announces-returns-plan

Talking of Nobles wheres Latorre, and loyal Void ;)

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@KevR., Mmmmm,
Thought Bres were looking towards China for funding ?

Looks like a clause to keep the Chinese out,

As part of the Grant Agreement DFC will require a right of first refusal ("ROFR") on debt finance for the >>>full project implementation <<<<, which would give Blencowe a potential funding solution ahead with a major financial institution

Could be why no rise, I was under the impression they were using that Chinese company to process those samples in order to temp them with the grades they are expecting......
Not sure where I got that idea from though, maybe BB..

@Tc288, ASX is about 9 hours ahead on us, so we cant release at the same time..
if this was a dual listed company you may see the update on ASX, followed by AIM,
Take a look at 88e, thats dual listed,

But Tunisia, is on UK time, Tanzania + 2hrs, so guess odds are on UK update first if all 3 companies sign together..
I guess you have to watch both,

@PortfolioPower, I think your right there..

Orr, I was lucky, 66%..
I bought the previous low..after the announced fund raise.. sold half.. to keep for the new GGP,
second chance came so took it..

Interesting, 2nd chance after maybe a stealth fund raise; Director buy, and HMRC rebate...
Director buy, announced after a new low, with significant drop to low, followed by significant rise..
Kind of reminds me of the movement around a CLN conversion(for a company that cant pay back),
and also that of forward selling (where new shares agreed)..

So suspect some Dastardly Clever company called to play, so company got £195k indirectly from the market which funded a big part of the directors purchase, maybe...

I guess adds about 3-4 months worth of funds..

Whose in your sights ?
TRP, down 16%
1 hour chart, shows it continued to fall past initial sell off, so may continue tomorrow
Fund raise, need to check last one....
Hiekin, https://invst.ly/-vx7g
Standard, https://invst.ly/-vx9n

JSE,
https://invst.ly/-vxjh
Chartist might be due to jump in...do they use 1 day RSI ?
https://invst.ly/-vxmb

Maybe they are waiting on Sat Nav map upgrades to ensure they get to site...
Will be as good an excuse as any other lol..

DM, Veterans of the Wet Season as he put it,...

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@KevR, 88e, I have a hunch its getting worked by a few of the guys that post on the BB, just a thought..
Other thing the price recovers end of day, so the price has appeared to drop into a new trading range, then its back in range. But today it looks likes dropped into a new range

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LBE, I have it in my head their they have done similar, cant remember the details..suppose to be checking regular for that H2 drill...
So many distractions, I need go leveraged with IG and hope they go bust before I do, that way I will have a good reason for losing a fortune...

@PortfolioPower, Biggest scam has to be Syme, the CEO should be locked up, but TRP if I buy it wont bounce.
I need to buy what I would'nt buy, which is TRP, unless I buy lol

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TRP, Asking for another Cameroon extension, saying rig slots "visible" within 9 months..
Will be a new low followed by a bounce, as usual..
Has to be a raise to fund another year for the life stylers