Member Info for Kamakiriad

Does anyone know the final month of trading in the financial year for this company?

They are being cautious and you can’t blame them at this point. It’s hardly over, don’t get over excited about the demise of a company which isn’t going to happen

Just touched $90

I was watching an oil expert on Bloomberg TV yesterday morning (can’t remember the name), he was saying that the price of oil was heading for $90 per barrel and would stabilise around there but we could expect $100-$150 per barrel during this year. At the time I thought $90 was a little high but we have hit that already today.

Are you ill?

There are a lot of people posting on this forum who most likely have lost money from the share and the consequence of which is that they wish to berate it even further. I have lost money on various companies, thankfully I have gained more but I have never posted derogatory comments on those that I have lost money. It’s a pointless exercise,And probably annoys the people who post them as much as those who read them.

May I suggest they find something a little more useful to do with their time, likely they post under the guise of saving us. I don’t need saving thank you so much.

I have just under 1 million shares and they are in profit, but there is no way I will be selling them around these kinds of prices with such potential in just the next month or so

I expect we will see a decent rise in the share price once the next figures are released for the recent uplift. Who knows, the directors may see fit to reduce the debt to almost a minimum amount.

Panic selling is reducing the share value, don’t add fuel to the fire especially when the whole stock market is low. The share price will recover, this is a stable profit-making company with huge cash reserves, it’s hardly sinking.

I agree that the 40M situation will be resolved but in the meantime we have some panic sellers and people frustrated just wanting to leave the share. Once that is over we will see a rise albeit slowly

The share was almost £5 a couple of months ago, it should be at least there now and considering we have over 100 million in the bank should be advancing. The company is a solid business with amazing cash reserves.

Turnover as expected, profit margin excellent and cash reserves still at £101M exceptional

All too soon imo, it seems the majority of the rest of the world still have testing in place and restrictions. We are not the world leaders, we are being fools and will have to reinstate restrictions and testing otherwise travellers will not come here and furthermore will not accept British travellers overseas.It’s not over because Boris would like it to be.

If only we had known ….

I think you could even be a little low on your estimation, I have calculated closer to £40m

Pipewelder you don’t need to create a new thread every time you post.

If you click on reply on the last message of every thread you can join it.

Typo. £46m

Based on the average production of 10,000 barrels per day and 60 days since last uplift, and average of $78 per barrel we would be looking at over £56m pounds coming in. That is a hugely useful amount of cash some of which can further reduce debt

Once debt has been fully repaid, cash will mount and further exploration will be possible.

Well ... I did say