Member Info for EmeraldCarrots

https://www.ndtv.com/india-news/government-to-scrap-controversial-retrospective-tax-law-that-led-to-row-with-vodafone-cairn-energy-2503490#pfrom=home-ndtv_topscroll

propose to scrap the retrospective tax law that ended uo with Both Vodafone and Cairn Energy going to International tribunal and winning. Maybe Modi is more honest than I thought.
To be clear the award was *** $1.7 BILLION *** to cairn, including 500m interest and legal costs.
Before interest and legal costs it was **** $1.2 BILLION ****.
So if it passes through their parliament it would clear the $1.2 billion if I understand this correctly. Then there would be the missing $500m.
Presumably we will get an RNS from CNE welcoming this development later today, at which point the sp should rocket past £2.00 at very mimumum. It was @ £1.70 for ages a few months back.
All IMHO.

50%. What a load of rubbish.
It's £1.26 at the moment.
It should go over ****£3.00**** IMHO, so far far MORE!!!!! YIPEEE!!!!!!
All IMHO.

International Arbitration ruling (which originally was unanamous, including by one person who was NOMINATED BY THE INDIAN GOVERNMENT!!!) is early September I understand.
Not sure what the implications of the Indian Government losing that too but maybe it will be the nail in the coffin for International investment in India.
I expect the sp to pick up as we move closer to the appeal.
All IMHO.

got back in the air!
Looking extremely good one would have thought.
All IMHO.

buy Cairn, but they don't seem to be the sharpest pencils in the box so I doubt this has occured to them. IMHO they have handled this in a completely incompetent way and are in deep trouble. They should have taked the offer Cairn made to re-invest all the compensation money in India. Fools to not accept.
All IMHO.

has not shot this up past £15.00 and beyond.
In a nut shell cruise ships are back in business now they can sail with passengers and crew fully vaccinated both in UK and USA. UK ones can now sail international so cruises to the Med are back!!!!
All IMHO.
All IMHO.

You have a talking calculator?

The Indian Government seem to be sending out the message "it's dangerous to risk your investmeny money here" as far as I can see.
IGNORING International Arbitration rulings!! Not sure if you can send out a worse message than that to potential investors!!! Absolutely crazy.
All IMHO.

Why should Cairn submit a proposal to resolve the isse when an International Arbityration Court has found them Guilty as charged and ordered them to pay.
The Cairn solicitors are not going to fall for any of this.
They must be MAD IMHO.
They risk Air India planes being grounded. Sheer madness.
All IMHO.
All IMHO.

Thanks.

mathsprof.
"Already factored in return of sailings July/August"! I seriously doubt that with the way the CDC in the USA carry on.
My money is on this share price taking off soon. Or should I say leaving port. We will see.
All IMHO.

Gone from almost no cruises to the opposite and the sp still won't budge.
Good news like this:-
https://www.cruiseindustrynews.com/cruise-news/25579-190-cruise-ships-will-sail-in-august-as-industry-restart-continues.html

Got to be leaving the port soon on the up, surely!!!

All IMHO.

.

could really have a big affect on the sp.
The share is very, very illiquid (moves up and down a lot on small amounts of trade). All IMHO.

we will be back at 310p by close.
Then hopefully on to £3.20 later this week.
Might set up camp there though??

we will be back at 310p by close.
Then hopefully on to £3.20 later this week.
Might set up cmp there though??

Maybe the market has not clocked this yet:-
https://www.cruiseindustrynews.com/cruise-news/25579-190-cruise-ships-will-sail-in-august-as-industry-restart-continues.html

https://www.cruiseindustrynews.com/cruise-news/25579-190-cruise-ships-will-sail-in-august-as-industry-restart-continues.html

whatever that is!! However vaccines that make plants deploy anti disease chemicals etc. so they don't get diseased in the first place always atruck me as a very good idea. 10 to 15% more crop etc.... See their web site. Expect massive upturn from these in due course. American corn and Brazil sugar cane are massive markets and they gave only brushed the surface so far.
All IMHO.