Member Info for hoper

I'm not sure there was a delay, it's always been showing as the 27th on the CC. website.

For over a year investors have been waiting for the results of the POK1 drill that we were led to believe would take a couple of months. When we get the results, one target turns out to be water and others still need to be tested. CAD does seem to have good prospects, but their history of finding gas and getting it into production is poor. I don't think people were "scared" by yesterday's RNS, just dissappointed.

I seem to be one of the few who wasn't impressed with the RNS. Sold out today after holding for just over a year, not complaining I made £30,000 profit on a £28,000 investment - less than I had hoped, but I've done worse! Thanks once again for the tip, if you stay in I hope everything works out and you make a packet.

What's happening Thursday, I thought their results were due on the 27th?

With 20p per share in cash and ENI paying for most of the drills I think this is one of the few shares worth holding at the moment. I suppose in these markets I should take my profits - in at a average of 20p thanks to Lemmink - but with drilling results due over the next 2-months I think the risk is limited.

It's simply that the SP at that time was down 12% when only 100,000 shares had changed hands.

http://ukrainian-energy.com/articles/gas_oil/224/

Don't think it has anything to do with CAD as a company, it's just the Oil&Gas sector being hammered over the last couple of days.

Medium term this looks a decent punt. I'm waiting to see if it drops further although that might be too hopeful. Clinton Cards is mainly about Christmas trading, last year with all the bad weather trading was poor. However, it looks like they will break even for the year and theirs debts are small. This year should see stronger Christmas sales which will help. It's a well run company in which I doubled my money about 18 mths ago, when I bought then it was around the 22p mark and I came out in the mid forties. It's most likely a stronger company than when I bought last time, but people are just not seeing the potential yet. You may have to wait until after the christmas update before you make any decent profit, but in my opinion it's worth the wait.

Chairman at Jessops where shareholders were wiped out, director at JJB where shareholders have basically been wiped out - is he going for the hatrick? Don't know much about Alexon, but his recent track record isn't very impressive.

Good to see you back.

Latest Hardman report - posted by Perana on the II board - ignore the date it should read 18 Apr 11: http://dl.dropbox.com/u/11417805/Cadogan_Petroleum_18April2011.pdf

Posted by Greenroom78 on advfn board: http://web.matrixgroup.eu/FS/1312/Documents/Cadogan%20Petroleum%2013.04.11.pdf

I've got 140,000 of these at an average of 20p so I would be happy with a bid, especially if there was more than 1 company involved. However, you really need to back up your claims if you want people to take any notice.

Just click on TNI share news above.

The same case could be made that the SP will go up again in April due all the new money going into ISA's. I think it's just a case of CAD being undervalued, then rising to a fair value and now waiting for some news ref farm-outs or drilling, when hopefully we will be re-rated upwards.

Just a few points about 1144523's comments. He's right about the Pokrovskoe site, but I think he's got a little mixed up about Pirkovskoe and Bitlyanska. CAD are no longer looking to farm out Pirkovskoe and are looking to drill it themselves. They are looking to farm out Bitlyanska and have 3 interested parties. The 2D seismic program has been completed at Bitlyanska, the company are pleased with the results and expect those results to help with the farm out process. There is loads of information on the CAD website and it's well worth a look.

Overall I would say CAD is great choice for someone who is prepared to hold for 6 - 18 months. Short-term you could be looking at anything from 30 - 60p, but if they can meet their drilling targets for this year or/and agree a farm-out, then the sp could easily go over the £1 mark. After that they have so much prospective reserves that anything is possible. Obviously they have to be sucessful in getting the gas out of the ground and the Ukraine can be a little difficult to do business, but it really does look very promising.

I know you said you were getting out, but with the latest offer for RPT giving them a market cap of £122 million it might be worth watching for a couple of days. Surely RPT isn't worth £50 million more than CAD. Good luck with whatever you decide and thanks once again for the tip, nearly £17k profit so far!

Not sure what your getting at. Baron's done an excellent job and deserves his options and any dilution will be tiny. You seem a little ****ed off - you don't support Man U or Arsenal do you?