Member Info for onedaysoonish

Really good news that they are operating again. I'm in the trepidation group at the moment. My net CASP position after all the trading I did last week is that I now hold 30% of the stock I held before the protests. I had a cracking week on the FTSE last week but it was balanced by a big red patch on AIM. The trading here was about damage limitation. I was overweight on stock volume here even though the value in my PF was relatively modest. My Fault! My long term CASP BE has gone up to about 9p as a result of last weeks kicking. I could average down of course. I still like the CASP fundamentals but still need some convincing about what's going to happen in Kaz. My FTSE stocks have been going great guns for the last couple of weeks so the cash will stay there for a bit. I would rather get back in here at 5 or 6p when the longer term impact of the protests has become clearer.

Sorry UC. Shin detained for looting his own office and Clive has shot himself in the foot!

Good luck this week CASPers.

I'll settle for one of those £3.99 watches the guy in town with the suitcase is selling! That said I think you are right. We have been trading lower than the days of partial gov ownership and PPI claims. Surely 2022!!!!!!!

I enjoyed it. I know what I think when I look at the result but always good to get a view through other eyes. I'm very much overweight on Lloyds. Have been for a while which has been frustrating. If the 2020 numbers look good then the 2021 numbers will be even better. I thought I was going mad thinking there was value here as the market seemed to disagree. Perhaps last week is the start of the next stage of recovery?

KK, agree that there is still not enough information coming out of Kaz to be sure about the situation on the ground there. That said, the information that has been released suggests that some sort of calm is returning and communications are coming back on line. The political infighting argument looks credible. Let's face it Tokayev was seen as a puppet before this kicked off. In the last week he has firmly stabbed his old boss in the back and sacked or arrested many of those still loyal to the old regime. Why? Well he may have some new mates? Favours from Putin come with strings and keeping Tokayev in power will come at a cost to Kazakhstan. There is no "back to normal" scenario here. It's more about how different will it be? 40% of the worlds Uranium and all that oil make Kazakhstan attractive for the power mongers of all nations. Foreign policy will be increasingly important going forward and we may see some key changes. Be interesting to see if Chevron & partners go ahead with the investment. If it was me I'd hold off till things become clearer. As you have said it would be nice to see an RNS on resumption of CASP operations. I would hope to see that relatively soon but the oil worker situation and the logistics of transportation are not clear to me at the moment. I keep going on about CASP cracking on and making money now. Looking ahead 5 or 10 years looked OK after 30 years of relative stability but now it's about banking some money while they can. I'm glad that we have our own Oligarch. Let's hope he's got the right mates!

News flow is still slow and mostly old. It does look like the protests are being fairly ruthlessly put down. Almaty airport and key government buildings are claimed as being back under security forces control. An attack on Taldykorgran prison has been fought off and the "peace keeping forces" are still rolling in and being deployed. Death toll.....? Who knows but it doesn't look like it's going to stop rising just yet. Promises of internet being restored today. Can't see CASP restarting production for a while yet? US wading in with warnings to Russia about violating rights. I would have thought they have enough problems of their own! Definite progress but this is proving more difficult to quell than most thought. Long tern impact ? No idea!

One day I'll make some money on CASP...... But not today. Sold out again for the second time in two days.

I can make no claims to be any good at this trading stuff. I read it wrong yesterday morning and was adding when I shpild have been selling. Penny dropped about 3pm and I had some good fortune by adding to my Lloyds stock with the CASP proceeds. Lloyds has had a good run this morning so some damage limitation. Sold a few of the Lloyds down around 10am to rebuild CASP on the basis that a positive announcement may lead to a quick recovery to around the mid 4's. I'm too slow making my sell decisions and banking my profits/reducing losses. If I was a technical person I'd say my PF is encountering resistance at breaking through a certain level at the moment. Just happy to see the same sort of number I had COP Tuesday. Could have been much worse. Good luck!

Oh, and you are right about buys reported as sells. My 125k shares today showing as a sell?

KK, I bailed on most of my holding yesterday PM and took my medicine. Not Caspers fault but too much risk as the protests grew. Bought some of it back this morning at a tad less than I sold yesterday on the basis that the President will retain some degree of control with the "help" he has requested. I'm happy enough that if the regime there make some further concessions to the people that will ultimately be in everyone's best interests. Not much news coming out at the moment. This is going to be a lot more brutal than 11 years ago. We can only hope that the protests become more peaceful and the people get a better deal without more harm on either side.

Not much coming out of Kaz at the moment. There has been much looting overnight and one security (police) officer found beheaded. The Russians don't have time for this so it might be a swift and brutal response today? Hopefully the news at the the oil fields is less disruptive. Just a year to the day since the US capital building looked a bit like the Almaty mayor's office. Crazy world.

It's looking very much like the ruthless put-down option is being played. Difficult to find out too much about whats going on in real time but Russian troops won't join the protesters. There maybe some sort of peace later today but the body count is climbing. Can the Kazakh's maintain this once the Russians pull out?

CC, I'm with you. I think Russia may do the opposite of whatever they say. Fed up with Kaz and AIM atm. It's only two weeks since it all looked so much more positive. Hey ho. Be interesting to see what tomorrow brings!

Cheers CC, Not surprised they are clearing out. Not looking like an "I'll be back" moment. I've no idea about the road back to stability from here? Temporary PM takes over? President tries to remotely impose some sort of ruthless put-down with support from Russia? A completely new regime? In most countries there would be some sort of an opposition party but that's not allowed in Kaz. Any ideas?

Not looking good for the president at this stage. Military and other security forces seem to be increasingly joining the protesters and the number of people on the streets seems to be growing. Almaty Airport under protester control and Russia saying Kazak needs to sort this out on it's own. I doubt the President has the support he needs to make good on his earlier threats so what next? Clive's prediction not looking nailed on at this time.

The president has taken over as head of security and is threatening tough action against the protesters. So he's raised the stakes. Let's see what happens next. There have been talks which might be encouraging but difficult to find out whats going on as all the .kz websites seem to be down.

Moved well beyond a protest about LPG prices. President seems to have rolled over on some issues but the hardliners want more sweeping political change. Police have not managed to control this as yet. Be interesting to see if the President raises the stakes? Russia getting prickly about possibility of western interference. Protests at oil fields but they are saying no impact as yet. That might just be a matter of time? SP still sinking but much slower than earlier. I've no idea which way this will go.

Cheers CC. I'm now looking at this as an opportunity so I've just added another 75k shares. In for a penny.......

Just seen an update on the news and it's still kicking off over there. Lots of bad feeling that the Ex President is still pulling the strings while the people are struggling. Protests/Riots in some of the big cities and gov buildings set on fire. Not gone away just yet. They have a rep for stamping hard on these things over there but they are saying the security forces are joining in the protests in some places. Watch this space!

Didn't see it coming but it goes with the territory. The selling looks overdone at this stage but never sure with Kaz. Can't do much better than 4.1p for a sell which might keep people (like me) holding on. Worth keeping an eye on but it may well settle down given the measures the temp PM has put in place. Will it impact local oil prices? Who knows what they might do if the new measures don't resolve the unrest.