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DM in my opinion the PFF is quite a good tipster. The problem, as Bottled pointed out, is that he is not gentlemanly in his posting behaviour. This may seem like an old fashioned complaint, but trust on a discussion board is a valuable asset. Over time we all work out who we can trust on these boards and whose advice is well founded, New investors on any board can more easily be bamboozled and we should look after them.

https://www.bbc.co.uk/news/world-asia-59922258

The plot thickens.

FFS PFF FO

In response to US complaints about the deployment of their troops in Kazakhstan, the Russians have reiterated that it is under the CSTO agreement and will be temporary. Meanwhile Tokayev has siad that he will not negotiate with bandits and criminals. There remains a possibility that the Russians will withdraw and the unrest may return. Tokayev is still a trainee autocrat and the Kazakhs have genuine and long held grievances.

I am holding (when do I do anything else) but there remains a possibility that this is not over yet. I remain optimistic because oil is central to the Kazakh economy and any regime has to recognise that. In addition the amount of potential good news from CASP this spring, or earlier, remains enormous.

One last message to FF about yesterday's disgraceful behaviour. The worst thing you did was to patronise me. I may be quite old but I still respond very badly to that kind of thing! I also have a long memory and recall the last time you abruptly changed your tune. A shame really, I was beginning to think you had become a reformed character, and you do have useful insight into both the industry and the share market which could be helpful to newer investors, but now unfortunately can't be trusted. It will be the responsibility of the older hands on this board to point that out to newcomers.

I suppose you're right there KK. All's fair in love, war and share discussion boards. Sorry I lost my gruntle there.

Post all you like CC but from now on you're known as FF

Well in that case 1cc, you have no particular need to comment further here. You have your "vindication". Now vindicate off.

Precisely my point

There's nothing wrong with getting in and out to profit from market volatility, particularly if you explain this is exactly what you are doing

I remember when towards the end of their carreer 10cc went downhill and were known as 5cc. CC you're at about 1cc today. We all know you are trying to push the share price down so you can buy back in cheaper.

CC you again soon but with your credibility shot

This seems like a sensible precaution and nothing to worry about in itself. What happens to the Kazakh government is more important and we will have to wait a week or two to know what is going on there

Brent knocking on $81 this morning. The military support from CIS nations is "time-limited" so the Kazakh government need to sort themeselves out in the breathing space they are being given. Higher wages may be part of the settlement and as I have said below, I am happy with that. It is difficult for us to imagine what it is like to live in an authoritarian state like Kazakhstan, but I for one am happy to be rewarded for taking risks in an oil exploration company but getting rich off the back of underpaid workers is not something I particularly relish.

Can you issue an RNS when the internet is down? Although this started off in the West of Kazakhstan, I suspect most of the action is now in Almaty and Nursultan (Astana) so hopefully CASP staff will be relatively unaffected. A new day will be dawning over there soon and things should become clearer when we get up tomorrow.

https://www.kazakhstannews.net/news/272108882/kazakhstans-main-airport-seized-by-protesters-reports

Looking a bit more revolutionary as Thursday dawns in Kazakhstan

KK, FSU states can be democratic (Ukraine, Baltic states, Georgia to some extent) The subset of FSU states joining the CIS stayed in Russia's orbit and are largely authoritarian. There is no opposition (in the sense of a political party) to the Tokayev regime because none is allowed. This does not mean no-one is opposed to it. It does mean that any revolution is going to be very chaotic.
What matters here is which way the police and the army jump and how many of the old regime run away. With the internet down it may be some time before we find out what is happening.

The oil market seems to like the look of the Kazakh revolution and Brent is now up above $81.

If there is a democratic revouition in Kazakhstan (and it still is a very big if) then there may be some review of oil taxation and overseas ownership which might have an impact on CASP. The oil pumps will not be turned off though.

Mr.C I think living in a repressive dictatorship might have something to do with it. The LPG price is just the spark which lit the explosive built up frustration of living in an authoritarian state.

I'm just thinking how annoying this must be to Putin. How many fronts does he want to fight on? The long term outcome may be higher wages for Kazakh oil workers, but I would be reasonably happy with that as well.

As a member of the CIS, Kazakhstan might expect some support from Russia as occurred in Belarus when their dictator had a spot of bother recently. On the other hand Russian troops in the region don't want to be diverted from whatever their objectives might be in the Ukraine. The Russians don't really fear western involvement as they did in Belarus. If anything the Chinese are competing for influence here, particularly as a source of raw materials. I think they will stand back for the moment and see how things develop.

https://www.bbc.co.uk/news/world-asia-59876093

https://uk.finance.yahoo.com/news/1-kazakhstan-government-resigns-violent-032452705.html
https://www.bbc.co.uk/news/world-asia-59876093

The oil markets appear unconcerned about what is going on in an island off the northwest coast of Europe. Just gone back over$80. Omicron is just a lot less bad than expected worldwide. We were up around $85 in the autumn and could well be heading back there now.

Johnson gambled by not imposing more restrictions on Boxing Day. It's looking increasingly unlikely that that gamble will pay off but he had to keep his lunatic libertarian wing happy to keep his job. A few Brexit chickens are coming home to roost this month as well. Will he last until the May local elections?

Either way CASP will continue to rise; the only uncertainty now is the speed.