Member Info for surprised

10% drop yesterday on the back of increased production, increased cash flow and capital return to shareholders provides an opportunity imo...added to holding 47.20p

I would think they would have to start at a base £50m mcap approx around 12 p...add in the potential IP case award and we are back in the 15 p to 20p range....Maxwell are best placed and if they felt they would lose IP better to wrap up compensation in an offer to secure the whole and grow their position overnight. ..

Interesting debate re takeover...it's an aspect I've discussed with some other investors and many will know my view has been that a takeover of CPX has been one of my strongly held views, particularly with the current mcap/share price. The supercap industry is recognised for the M&A that consumes it and with the progress CPX has made over recent time in respect of independance of it's own production lines, the markets it is now supplying, the product range and their techmical expertise, o the verge of profitabilty etc... it is ripe for an offer...and as we know the intringent value is a great deal more than 4p....a great deal more :-)

all sorted and not a PTAL specific issue...

A Peruvian indigenous group freed a group of tourists held for over a day in a protest over what the community alleged to be government inaction over toxic oil spills, one of the released tourists and local officials said separately on Friday.

The Cuninico indigenous group, from the Urarinas district in Loreto province in Peru's Amazon rainforest, had held an estimated 150 tourists - which included some U.S. and European nationals - to raise awareness about the oil spillage in a local river, according to local media.
Peru's independent public defender agency said on Twitter that "after dialogue with the (head) of the Cuninico communities, our request to release people was accepted."

"The right and respect for life must prevail," the chief of the indigenous group, Watson Trujillo, told local media outlet RPP.

RPP added that none of the tourists were physically harmed

On Friday, Peru’s vice minister for the environment, Marilu Chahua, traveled to the area to mediate with the indigenous groups who have been protesting against an oil spill along the Marañon river for almost two months.

https://twitter.com/surprised_trade/status/1588521248237445120

broker states large upside ahead....

'....an extremely strong balance sheet, for cash and shares demonstrates Kistos' ambition to grow by leveraging its existing footprint and using its premium valuation as acquisition currency to play a driving role in the ongoing consolidation of the North Sea basin. We value Kistos at 874p per share, based on the prevalent commodity price scenario reflected in the gas and oil futures to date. Using mid-cycle commodity prices at a level lower than in the current overheated and volatile environment, we estimate a value of 525p per share, at a premium to the current share price. ...'

https://twitter.com/surprised_trade/status/1588468296747462658

Gas storage is full, however, it will empty quickly when it gets cold...UK has only a handful of days storage....Competition for gas about to heat up across Europe.

Germany’s natural gas storage will quickly drain when it gets really cold, said Klaus Mueller, president of its energy watchdog

https://twitter.com/surprised_trade/status/1588157600935428100

Well 13h boosted production by 8000bbl/d to over 20,000bbl/d in total, drilling of well 12H underway now & estimated completion in mid-December 2022....broker has 130p target for a good reason. Cash flow is simply excellent.

broker has a 130p fair value target and Malcy blog stating 150p on current view with further potential uplift....consensus clearly supporting the very positive view of PTAL and the forward look.

https://twitter.com/surprised_trade/status/1588180046770016257

on target still, another new product launch and new broker note out confirming target price 14p (excluding any uplift from the Maxwell case)

A very decent update yesterday, R&D money due shortly to give cash an extra buffer, the business is steering along on track and we have new products and markets with a healthy pipeline of potential in waiting and the hope/expectation that an agreement will be secured ahead of any court case ...at under 4p, historically, has always been a profitable to position to hold some cpx..we'll see :-)

Europe needs "immediate action" to avoid a natural gas shortage in 2023, says the @IEA

Europe faces a 30bcm shortfall next summer in gas needed to fuel its economy AND sufficiently refill storage

Next year's challenge: lower Russian supply, higher Chinese LNG demand

https://twitter.com/SStapczynski/status/1588144104268959744

https://twitter.com/surprised_trade/status/1588150485932032003

recession and the difficulties business face re finance, re-structure etc are driving the increased profits at #K3C. BOE forecast today suggests that #K3C's business will continue to see growth...initial target 300p+

https://twitter.com/surprised_trade/status/1588144295361630208

IEA ‘sounds alarm bell’ on Europe’s 2023 gas supplies

https://www.ft.com/content/90807412-dc98-4e04-b16d-f57f73bbed1b

https://twitter.com/surprised_trade/status/1588144295361630208

IEA ‘sounds alarm bell’ on Europe’s 2023 gas supplies

https://www.ft.com/content/90807412-dc98-4e04-b16d-f57f73bbed1b

'.....CAP-XX’s rapid growing portfolio of products is a positive leading indicator for the company and so it is pleasing to hear another new product launch, with this small and low-cost cylindrical supercapacitor filling in another corner of the price/performance spectrum for high volume low cost IoT and medical applications. It is positive to read that CAP-XX already has traction with a large project for Ioxus modules. Securing a significant project so soon with these large modules is ahead of our expectations and demonstrates that the negotiated IP Infringement settlement deal with Ioxus’s new owner, Systematic Power Manufacturing LLC, will deliver value to CAP-XX. With CAP-XX looking on track in its breakthrough year to profitability, significant future value being generated through the growing product portfolio, and upside left in a number of areas such as litigation and new licensees.

We continue to believe CAP-XX is significantly undervalued and iterate our Buy recommendation and 14p DCF based valuation'

'....optimistic about the short term and long term growth prospects of the Company. Despite the slower than expected start to the year, there are indications that the order book is starting to bounce back and our outlook for full year revenue and adjusted EBITDA for the year ending 30 June 2023 remains in line with market expectations.

Sales of the new products manufactured at Seven Hills continue to grow strongly and we remain confident that over 75% by value of the former Murata customers will be retained. I am pleased to add that we are now shipping the first of the Ioxus modules, for a ship propulsion project, which has the potential to make a significant contribution this year and next.

Longer term, we are buoyed by the knowledge that our total known sales opportunities (what we refer to as our sales pipeline) remain in excess of US$60m p.a. and without any significant contribution yet from some of the new product families we have recently launched, such as the Lithium-ion capacitors, Truck Start and large cylindrical modules and cells.

Operations continue to improve, especially at Seven Hills where yield continues to improve along with gross margin and where we have the ability to increase DMF and DMT production by a factor of four.

The Company continues to carefully control all operating expenses and discretionary costs to ensure we get to a position of positive cashflow as soon as possible. Cash reserves at 30 June 2022 were A$1.6m with another approximately A$2.0m in relation to a R&D tax rebate expected this calendar year, in line with earlier estimates....'

Current field production capacity is over 20,000 bopd; and,



· Well 13H encountered the target producing formation approximately three meters higher than prognosis and approximately five meters higher at the end of the horizontal section which could have a positive impact on the oil-in-place estimates and reserves.

Well 12H



PetroTal continues its active drilling program to further increase its low cost, high margin production at Bretana. On October 16, 2022, the Company commenced drilling well 12H and an estimated completion in mid-December 2022.

"We are pleased to announce the successful and productive 13H oil well, our longest horizontal well to date. We look forward to seeing the 12H well deliver similar results. We will continue to operate and develop our assets with prudent and safe operational practices that deliver best in class productivity for employees and shareholders."

https://twitter.com/surprised_trade/status/1588065176217341953

PetroTal Announces Robust Initial Production For Well 13H-Average production over 8,000 bopd during first week

https://www.newsfilecorp.com/release/142907/PetroTal-Announces-Robust-Initial-Production-For-Well-13HL

https://twitter.com/surprised_trade/status/1587787504257835008

Europe may lose 'secure' gas supply re price caps....buyers don't set the price in markets where supply is short....'We made a
promise, for a durtion, when appropriate we will divert supply...'

https://www.bloomberg.com/news/articles/2022-10-30/european-moves-to-cap-gas-prices-are-hypocritical-qatar-says

https://twitter.com/surprised_trade/status/1587730833858764800

IC Alpha article

Profit from supporting NHS frontline services
The NHS urgently needs help, and one small-cap provider of health care services is playing its part to
cut record waiting times.

‘Despite being forecast to deliver in excess of 100 per cent earnings growth over the next two
years, Totally (TLY) is tantalisingly priced on a 2023/24 forward PE ratio of just 10 times. The
group is strategically aligned with NHS policy, specifically focused on the delivery of non-acute
care components out of hospitals and closer to home. High demand isn’t going to change any
time soon given record backlogs in the NHS and a buy-and-build strategy has created the
infrastructure to deliver a range of services. For good measure, Totally is cash-generative and
has a cash-rich balance sheet to deploy on further earnings-accretive acquisitions.’

1. Strong organic growth underpins a positive earnings cycle.
2. Raft of NHS contract extensions and new awards.
3. Recent acquisitions materially de-risk earnings growth forecasts.
4. Increased insourcing capacity is a game changer.
5. Huge opportunity to grow elective care and outsourcing services.
6. £36bn NHS package to tackle Covid-19-induced backlog and waiting lists.
7. NHS pays for services in advance to eliminate bad debt risk.
8. Cash-generative.
9. Cash-rich balance sheet supports further earnings-accretive acquisitions.
10. Potential bid target.

Target price 70p.

'.......The recent interim results reiterated the full year outlook, implying 117% pro forma adjusted EBITDA growth at the midpoint of the guidance range, and the mediumterm growth potential for Kape remains high (including broader scope for acquisition opportunities following on from the $222.5m placing completed in September 2022). We believe earnings risk is low, and risk/reward is materially mispriced.

are just that...Sunak so far has shown he undertands finance/business and I would imagine he very much see's the need for investment and growth along with energy security more importantly...in addition any country that does not have a stable tax system becomes univestable. We will see over coming weeks if Sunak is more grown up than the populist ill thought WFT noise makers and we have a coherent energy policy going forward that can actually deliver the primary energy any nation needs from it's own sources.