Member Info for uncertain

The mms seem to be accumulating shares this morning without dropping the price. Do they sense a sp surge next week? 350k+ sold, 5 bought.

Are you saying the extension is allusory?

The Kaz government can license CASP to drill for oil by giving them a licence.

It fell on thin trading. Today it's rising on thin trading. Just over a week to go to (relative) September sanity. If there are RNSs, all the better.

Where's the fun in that?

The sp is slipping today on very thin trading. The recent surge in price was on the expectation of news which has not yet materialised. We will have to wait on the next RNS. Clarity on the licence situation would be helpful, if you are listening Clive.

Https://www.bbc.co.uk/news/articles/cy849kzep98o

Success for boaty's sister vessel. I hope this bodes well

Hi XP, thanks for your insight about how the MMs work

As one of the clowns saying 11p earlier, that price was going forward with some 803 success. I suggested 6p looking backwards, and we weren't too far off that. We all thought another RNS was imminent, but have been disappointed on that front as usual.

Low volume; more bought than sold; sp down; summer silly season.

Roll on September

Well, any new investors will certainly be impressed by the quality of the repartee on this board.

We are now entering the summer silly season on the stock exchange. The Asian drop was in response to Sahm's rule which is about relative US unemployment rates over the last year. It's a bit technical and not very reliable. There has also been a concern that tech stocks are over-priced (personally I think this is always the case). The Japanese stock market bounced back today.

The US economy may be overdue a contraction, and this may happen, but could be shallow if US interest rates are cut back accordingly.

We may be in a period of more volatility in world stock markets but I think a major fall (outside the NASDAQ) is less likely. Let's call it a minor correction.

There are more factors in the world suggesting oil prices will rise than the opposite (sadly, mainly due to wars), and that's what should matter to us.

Well, the price has dropped, but not on the basis of any actual trades.

When the RNS drops the sp may move sharply, but we don't yet know in which direction. Perhaps that's why there are no trades this afternoon.

Belles, just to let you know that I found your post offensive. People have given their opinion of me on discussion boards over the years, but that's the first one I've felt the need to respond to in this way.

BM, I also have autism in my family so sympathise with your comments. They were no more off topic than many recent posts.

As usual with CASP there are a lot of things we don't know - perhaps rather more than normal. LTHs are used to this. Wait for the RNSs. There should be a fair few of them.

If you can't cope with the uncertainty, you're in the wrong share.

Any thoughts about the name of any of the P&D merchants, Mr. C?

Could it be that posters who continually switch from hugely positive to highly doubtful are merely suffering from a bipolar condition and deserve our sympathy?

Or perhaps the outlook of the share is in constant flux and they are continually surfing the crest of the wave of truth.

Being uncertain in nature, I am in awe of such prodigious skill.

Mr. Cautious, correct me if I'm wrong but didn't you say that you would sell at 4.5p? Or was that someone else?

Awax: No, they've always done that. That's how banking works. The problem was sterling that had gone into the world over the previous century and was now coming back home as countries increasingly switched their reserves into dollars. Plus the current account of the Balance of Payments was rubbish (as it is today)

Coffee, I don't really do social media. Sorry about the decline in your attention span.

Perhaps there'll be some Casp news tomorrow and we'll have something relevant to talk about

Coffee, I don't think you can talk about economics without talking about politics. Your post sort of proves that. There was a bit more to the 70s than you suggest.

You left out the collapse of the Bretton Woods Agreement in 1972; the end of empire and the related return of sterling reserves from newly independent countries from 1947; the long process of de-industrialisation; the stand off between large corporations and unions; the massive postwar national debt and the Marshall plan; and perhaps most importantly the liberalisation of the international capital markets from 1980 onwards.

The Labour government needs growth. For that they need investment. For that they need savings or inward cash from overseas. Both of those will need encouragement. Corporation tax is safe. CGT may be tweaked. Private pension systems need to be reformed to stop the city syphoning off cash in return for s.f.a. ISAs could perhaps be more UK focussed so the savings find their way back into the economy. Ditto self invested pension pots.

Evasion will be their first target. I don't think they'll hit old ISAs, but they may reduce new ISA allowances. CGT /IT alignment seems quite likely as it works as a stealth wealth tax (because of the inflation element). Corporation tax will probably remain the same to encourage investment, particularly inward.

The offshore stuff is harder to hit because of international agreements, unless its been done illegally. Trusts have always been a bit dodgy imo, but the law would be tricky to unpick.

Personally I think pensioners (I am one) should pay some NI because of care and health costs. Not on the state pension, but on anything above that.