I think it`s about time CSH had a thread, an AIM oil co. that is producing oil and quality stuff at that. These are vastly under-valued, market cap. 30 mill., they are going up on news NOT hype. check them out.
Dexter

wilbs,
i won`t depress you with my other radio wins then!. i would like to see what other companies you are researching, and i will do likewise.
dexter

dexter,
cheers. I dont usualy hold for long term but I think this is the way forward and will be happy to hold for long term. Gotta think of old age!! Better cook my egg and chips now. I treated myself to a bit of ham to have with them. Can't wait!!
wilbs

Beverely hills billys, crude, black gold i mean. TV oldie remember?

With a shortage of shares the MM's might start to play they games.

aldwikk,
Texas teade!
The mm's are desperate for are shares. IMHO I think the next few weeks will be good for CSH. News must be round the corner and the share price will rise. I hope the mm's loose out big time. That will teach em!!
Anyway, my ham, egg & chips are ready so gonna tuck in.
wilbs

A couple of posts from the other side, they make interesting reading,
Dexter
*******************************************

Bit of background stuff about Kazhakstan, intersting final parapraph

"EBRD chief urges Kazakhstan to diversify economy and join WTO

Wednesday December 8th, 2004 - The president of Europe's development bank on Wednesday urged the government of oil-rich Kazakhstan to work toward diversifying the economy, ensuring further growth and accession to the World Trade Organization.

"Our very strong view is that the stress must be put on the diversification of the economy," said Jean Lemierre, president of the European Bank for Reconstruction and Development, or EBRD.

Kazakhstan is one of the most economically advanced former Soviet republics in Central Asia. But its economy depends heavily on extracting raw materials, with most investment concentrated in its oil and gas sector.

Lemierre said Kazakhstan must develop non-energy branches of its economy and maintain openness to investors if it wants to be part of the global economy.

"WTO is an element of openness. It's part of the (investment climate) picture," Lemierre told reporters. "WTO must be ... on the road map of Kazakhstan. It's clear that some reforms must be driven by this target to make sure it's a success."

The WTO regulates international trade rules.
Lemierre also said that, at his expected meeting with President Nursultan Nazarbayev on Thursday, he would raise a question about a new Kazakh law adopted last month giving the Kazakh government priority in buying stakes in the country's energy projects.

Observers see the move as part of effort to increase the national oil company KazMunaiGaz's participation in Kazhakstan's oil and gas sector, and to elbow out the foreign investors that now dominate it.

The EBRD has invested about US$320 million (240 million) in Kazakhstan this year, and is planning to put in at least the same amount next year, Lemierre said.

Lemierre on Wednesday also signed deals with the Kazakh CentreCredit and ATF banks to lend US$10 million (7.5 million) to each to develop small and medium-sized businesses.
Kazakhstan produces about 1,000 barrels of oil a day, aiming to triple output in the next two decades to become one of the world's top five oil exporters."

********************************************

From the CIA's website (really!)

http://www.cia.gov/cia/publications/factbook/geos/kz.html

Economy - overview:
Kazakhstan, the largest of the former Soviet republics in territory, excluding Russia, possesses enormous fossil fuel reserves as well as plentiful supplies of other minerals and metals. It also is a large agricultural - livestock and grain - producer. Kazakhstan's industrial sector rests on the extraction and processing of these natural resources and also on a growing machine-building sector specializing in construction equipment, tractors, agricultural machinery, and some defense items.

The breakup of the USSR in December 1991 and the collapse in demand for Kazakhstan's traditional heavy industry products resulted in a short-term contraction of the economy, with the steepest annual decline occurring in 1994. In 1995-97, the pace of the government program of economic reform and privatization quickened, resulting in a substantial shifting of assets into the private sector. Kazakhstan enjoyed double-digit growth in 2000-01 - and a solid 9.5% in 2002 - thanks largely to its booming energy sector, but also to economic reform, good harvests, and foreign investment.

The opening of the Caspian Consortium pipeline in 2001, from western Kazakhstan's Tengiz oilfield to the Black Sea, substantially raised export capacity. The country has embarked upon an industrial policy designed to diversify the economy away from overdependence on the oil sector, by developing light industry. Additionally, the policy aims to reduce the influence of foreign investment and foreign personnel; the government has engaged in several disputes with foreign oil companies over the terms of production agreements, and tensions continue.


Mentions the Governments potential intervention again!

Siskinbird - 1 Feb'05 - 11:09 - 81 of 105


JTK

From the CIA's website (really!)

http://www.cia.gov/cia/publications/factbook/geos/kz.html

Economy - overview:
Kazakhstan, the largest of the former Soviet republics in territory, excluding Russia, possesses enormous fossil fuel reserves as well as plentiful supplies of other minerals and metals. It also is a large agricultural - livestock and grain - producer. Kazakhstan's industrial sector rests on the extraction and processing of these natural resources and also on a growing machine-building sector specializing in construction equipment, tractors, agricultural machinery, and some defense items.

The breakup of the USSR in December 1991 and the collapse in demand for Kazakhstan's traditional heavy industry products resulted in a short-term contraction of the economy, with the steepest annual decline occurring in 1994. In 1995-97, the pace of the government program of economic reform and privatization quickened, resulting in a substantial shifting of assets into the private sector. Kazakhstan enjoyed double-digit growth in 2000-01 - and a solid 9.5% in 2002 - thanks largely to its booming energy sector, but also to economic reform, good harvests, and foreign investment.

The opening of the Caspian Consortium pipeline in 2001, from western Kazakhstan's Tengiz oilfield to the Black Sea, substantially raised export capacity. The country has embarked upon an industrial policy designed to diversify the economy away from overdependence on the oil sector, by developing light industry. Additionally, the policy aims to reduce the influence of foreign investment and foreign personnel; the government has engaged in several disputes with foreign oil companies over the terms of production agreements, and tensions continue.


Mentions the Governments potential intervention again!

From UK Analyst Tuesday 1 February 2005:

Buy Caspian Energy at 46p
Suggests Stewart Dalby of Oilbarrel.com
We wrote last November that although the market seemed to love pure exploration plays but perhaps investors should look at oil development development companies.

Caspian Holdings floated on London's Alternative Investment Market (AIM) on the 4th November 2004 raising 4.4 million pounds before expenses and giving the Company a market capitalisation of 19.4 million at the strike price of 23p.

The Company is different to some of the crop of companies which have floated on AIM in that it is not promoting itself on the basis of possible huge exploration upside. The strategy of the Company has been to focus on shallow oilfields that combine the benefits of lower exploration and development costs, a shorter lead-time to production and higher returns on funds invested as compared to deeper targets that are traditionally targeted by the major oil companies.

This strategy has led Caspian to identify and acquire existing production in the form of the Zhengeldy oilfield in Kazakhstan. The Company plans to quickly develop and bring Zhengeldy into full production.

Thereafter, the Company will focus on identifying and acquiring similar type assets within the greater FSU region and Europe, particularly where synergies exist. In February 2004 the Company agreed to acquire a 70 per cent interest in Taraz LLP - the operating company that directly or indirectly owns the licences, leases and other assets that comprises the Zhengeldy oilfield. On September 1, 2004 Caspian Holdings entered into binding agreements to acquire the 30 per cent interest in the field.

The Zhengeldy salt dome was discovered in the 1930s and parts of the field were brought into production in the 1940s. Output was later stopped because of the small amount of oil production and the lack of infrastructure to transport the oil.

In the past six months an independent surveyors report has upgraded the proven and probable reserves from 4 million barrels to 13.2 million barrels of low sulphur (0.31 per cent). The estimate was based on the Z5 well, which was drilled to a depth of 718 metres. The well tested oil in the deeper Triassic layers. Other layers are Aptian, Necocomian Jurassic and Triassic I + II. It is believed there is scope to extend the reserve base by extending the lease area from 1.5 sq kms to approximately 30 sq kms.

Kazakhstan is one of the hottest oil provinces in the world. The Kashagan oilfield offshore in the Caspian Sea could have 40 billion barrels, which would make it one of the largest fields anywhere. The Tengiz field onshore can produce 1 million barrels of oil a day making it one the largest. Kazakhstan is vast (it is the size of Australia). It also borders the landlocked Caspian Sea. In the past, the large independent producers in Kazakhstan have been hampered by high transport costs and lack of infrastructure.

Caspian Holdings intends to show smaller companies can flourish in Kazakhstan. Two factors stand out. First, it is a shallow oil producer, which means the cost of wells is relatively cheap. The Company reckons it will cost US$350,000 to drill a well. Moreover the operating cost or lifting cost will be US$2.3 per barrel.

On the basis of five wells to be drilled in 2004 and 10 in 2005 Caspian is targeting 1,400 barrels per day by the end of 2004 / early 2005 and 4,300 bpd by the end of 2005, with each well producing an average of 288 bpd.

Second, Caspian Holdings is strategically well located. It is just north of the giant Tengiz oilfield. There is a 750 kms pipeline between Tengiz by way of Atyrau on the Caspian Sea which will become a 1,500 kms pipeline to Novorossiik on the Black Sea. This is run by the Caspian Pipeline Company. Zhengeldy is just 18 kms from Makat, the central loading storage depot for this and other pipelines. Alternatively there is transport by train. The field is 180 kms from Atyrau, from where it can be shipped across the Caspian. Pipeline processing and sales cost were put at US$9.50 a barrel in September 2004.

What the company needed was some news flow and now we have got that Despite some appalling weather three wells have been drilled and Caspian has started on the on the first of four new wells in its programme which should be completed by the end of April. Caspian is aiming to produce 4,300 b/d by the end of 2005, which will make it a cash flow rich company so at 46p it is definitely a buy.

Share price: 44 - 48p

Stockmarket: AIM

Symbol: CSH

NMS: 3000

Mkt Cap: 40 million pounds

beat me to it grevis2 !!

dexter01: Good article!

grevis2,
Are you in CSH ?, if you want some good research have a look on advfn CSH thread started by jaystom. I have psted some bits on here if you look back.
Dexter
are you out there today wilbs ?

Hi dexter,
Im here, been a bit busy doing some research and setting up my new laptop. Good posts. My portfolio seems to be rather quiet today. I have also signed up to betfair.co.uk. Have you heard of it? I learned about it off the Traders BB.
Hows your day been?
wilbs

hi wilbs,
I`ve heard of betfair, is`nt it one of those betting exchanges ?, what will you use it for?.
It`s been a bit quiet today, was hoping for a spike first thing as happened the last few days.
Dexter

dexter,
Not much volume on csh today, everyone must be piling into wlw. I used to hold in wlw but got fedup with them so sold about a year ago. Wish I had of kept them cos I bought in at about 38p. Hindsight eh!!
Im not a betting man really but betfair looks pretty good. I will have a few punts on the footie & see how it goes. There is a course running on it in Feb & one of the topics is how to suceed and make a living off it. I will give anything a go once.
wilbs

Hi dexter01: Yes I have a few of these. Bought them last week. Very tempted to buy more before the next RNS. However I've been holding back until I'm convinced that profit taking has finished. Fundamentals look very good so I'll have to be careful not to miss the boat. Good luck!

wilbs, are you about?.Do you get the tips etc from uk analyst, only there is a weeks trial of level 2 etc, that`s if you don`t already subscribe!
dexter

Hi dexter,
I'm here. I get tips from uk analyst but diddn't know about the trial of level 2. I couldn't of been paying much attention!! Think I will give it a try. Have you signed up? I signed up to the free live streaming prices on Digital Look but its crap. Money am is worth the money.(hope you are reading this Ian, would like a free trial of level 2 on here!!)
I bought into cop again yesterday and got out today with a small profit and topped up with seo> Share of the year I think.
wilbs

wilbs,
how`s the new laptop ?, one that might be worth keeping an eye on today is BRP, new on AIM today, if some other newcomers are anything to go by it might be worth a quick in and out, as it were!.
dexter

cheers dexter,
I will keep an eye on it but not got much spare funds at the moment, most of it is now in seo. The laptop is good, Ive got share scope on it so ive got all the info at hand. TV commerce is due to float around the 21st feb, it should also be a good in and out.
wilbs

dexter,
do you use hoodless brennan? Have you seen their research note on csh? I have tried to paste it on here but cant cos its in pdf. If you are interested I will try and copy it on here when I have a bit more time.
wilbs

wilbs,
no i use comdirect,if you could paste it, i would be grateful,
thanks,
dexter