Member Info for Toadhall1

EM type concerns spooked a few. There was a country-wide blackout in Bangladesh 2 days ago. Power cuts becoming more common. Plus there’s been some reports about the central bank getting low on foreign ccy reserves trying to defend the ccy against the strong USD.

No idea. No strike yet. Depends on length of time. If a day , a week then immaterial. Will represent a hit to sales as Transnet is already the bottleneck. Just depends on length of strike what the value is.

Offer rejected. 1.5% feels tight! Strikes threatened beginning 6th Oct.

https://www.bloomberg.com/news/articles/2022-10-04/port-rail-workers-threaten-strike-in-south-africa-after-rejecting-wage-offer#xj4y7vzkg

There's very little in there to indicate what expected results will be going forwards. The only number provided is a FY22 revenue number which was already announced. No numbers for H1 or FY23.

Sounds like Transnet will present a new offer on Monday 3rd October

https://www.satawu.org.za/2022/09/29/update-on-meeting-with-transnet-gceo-and-cfo-on-28-september-2022/

https://www.untu.co.za/transnet/transnet-wage-negotiations-20222023-misinformation-industrial-strike-action/

I note they have opened an office in Bulgaria! No surprise. It’s so obvious the new project will be a Bulgarian solar farm. I note the office has 1 employee. What are the chances that’s Gati!

Does anyone know if the FPSO hull is single hull or double hull design?

Shocker. That's one way to damage your own investment by whoever voted against! It's clearly dragging on the SP .

I think they only alternate for each $25mm buyback quota each quarter will ie JPM this qtr, MS next.

thanks, just found:
https://www.bloomberg.com/news/articles/2022-04-13/richards-bay-coal-operating-as-normal-as-rains-hit-province

Does anyone think the flooding in Durban port will impact operations/exports?

https://container-news.com/durban-floods-freeze-port-operations/

7.78 /7.76 buy are mine

Does anyone know what are the earn-in details for CNE regarding Egypt to Shell? I struggled to find the details.

Annoyingly the PSC details are slightly different for each licence area. And different again for oil vs gas.

Cheers, I haven't got the foggiest how to get to that number using the Egypt PSC details.

LuckCounts, you need to look at the Production Sharing Contract details i.e. work out Cost Oil, Profit Oil, and from that the share for Contractor i.e. CNE

Didn't they quote $150mm operating cashflow form Egypt on the analyst call ?

Great stuff. Good to see interest returning. Been consolidating recently. But business is performing well. Should be sustainable growth ahead, with a focus on profitable contracts.

I thought the 4.1mm receivable was in CAD $? Preso seems to suggest USD?

What's Lord Drayson's net worth? £100mm? Don't know what his liquid assets are. SAy he owns 20%. He 'only' needs to find 80%. Let's use current mcap of 40mm as approx, so £32mm. Across management, and existing shareholders, surely he can find that. I guess many existing shareholders will not be able to hold private equity though. So need funding from banks. But given net worth, good chance of happening. Also given his love of the company - i can't see him giving it up without a fight.