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Cadogan Petroleum worth a Buy (CAD)     

mitzy - 30 Mar 2009 12:19

small oilie but with a nav of 35p compared to share price of 10p..bid rumours of 50p a share.


Chart.aspx?Provider=EODIntra&Code=CAD&Si

cynic - 13 Oct 2009 08:56 - 94 of 178

starting to look like rocket+stick syndrome .... now 22.75/25.0 with more than enough stock on offer ..... reckon you had a lucky escape RF!

Balerboy - 13 Oct 2009 09:04 - 95 of 178

now he tells us..............aaaaaaaaarrrrrrrrrrrrrrrrrr!!

required field - 13 Oct 2009 09:45 - 96 of 178

Bought in....I know I must be bonkers !.....hoping for a rise because if the Rns is correct then there must be some serious upside still to come....plenty of cash this company....risky....but with upside rather than downside ?

micky468 - 13 Oct 2009 09:50 - 97 of 178

thinking of doing the same R/F waiting to see if we have a little more down side still to come think next bye or sell will show the path 1v1

skyhigh - 13 Oct 2009 09:57 - 98 of 178

Bought in this morning @25.74p...had been watching this for a while...good luck all!

cynic - 13 Oct 2009 10:25 - 99 of 178

now then BB, i've had enough shit stirring from you already this morning! .... not my fault if you act like a demented lemming and jump in at the top only to find that you have actually jumped off the cliff

23.5/24.5 at time of writing

micky468 - 13 Oct 2009 10:27 - 100 of 178

looking like this might just go back down to 20p on charts if so would be a very good bye ,hoping to bye soon as

cynic - 13 Oct 2009 10:33 - 101 of 178

"good bye" may well be more apposite than "good buy"

required field - 13 Oct 2009 10:40 - 102 of 178

Rebound coming now ....possibly....

cynic - 13 Oct 2009 10:42 - 103 of 178

if you're a buyer, then you're a far braver man than me gunga din

micky468 - 13 Oct 2009 10:46 - 104 of 178

morning cynic nice to see you've not lots it , how is the empire doing have you reached the second million any thing good to say about this or better still wt the down side

gibby - 13 Oct 2009 10:48 - 105 of 178

well - i reckon this will bounce - good time to buy - we will see at end of day - GL whatever anyone does

cynic - 13 Oct 2009 11:06 - 106 of 178

according to some on this BB i only run a virtual biz and only own virtual shares, but then said person/peeps is a virtual toad/witch!!

looking back, i see i was asked to comment a few months back ..... arguably things have changed with the recent rns, but imo, strengthened by todays wild gyrations, this stock is best left to the fools and horses or the adrenalin junkies or similar

skyhigh - 13 Oct 2009 11:06 - 107 of 178

Yes it could be goodbye ! but hoping this'll do well in the med/long term !

Balerboy - 13 Oct 2009 11:13 - 108 of 178

My name might as well be Rodney!!!!!

Balerboy - 13 Oct 2009 11:52 - 109 of 178

Hey mr clever clogs cynic, your only griping cause you missed a 30% profit this morning and would be who about it all day, as it is you missed it and so those who took a chance are lemmings!!! I can't be a lemming as they only have one jump............aswti cheek...

cynic - 13 Oct 2009 12:01 - 110 of 178

so smarty-pants, at what price did you buy and sell? ..... no porkies please! - lol!

currently 23.0/24.0

Balerboy - 13 Oct 2009 13:29 - 111 of 178

i'm not going into that at the moment................lol just making a comment..

required field - 13 Oct 2009 13:48 - 112 of 178

I did not time my entry into this right but the rns is so short : there has to be a follow up of resumption of operations, I'm surprised that it's back to opening price !.

gibby - 13 Oct 2009 21:56 - 113 of 178

roughandtumbleone - 13 Oct'09 - 20:36 - 1525 of 1526 Guys and Girlies, Just a little bit of perspective here. Prior to the announcement yesterday afternoon regarding the licence approvals, the company came out yesterday morning stating they wanted the simplist and most straight forward way of returning cash to shareholders. They also have started selling assets they do not require and they have 38M pounds of cash at the bank. Then in the afternoon, the uncertainity relating to the three main licence objections has been resolved and CAD have had confirmation that the licences are valid. Just basic NAV values exceed the current sp. The cash per share equates to approximately the current closing spp this evening and that is assuming that there can be no value pinned to any of CAD's other assets, licences of ventures. Today's share price swing was unbelievable but from an investors point of you, this stock is a no brainer. The likely scenerio is for a sizeable amount of cash as a "special cash payment", the company still trades and concentrates on its core operations and "farms out" other none core assets and projects. Just take a look at the charts and see where CAD has fallen from and though today's retrace back from 34p to just under 20p was unbelievable, the upside here is huge. I do see a much higher share price than 34p, let alone 19.5! IMO DYOR and all that jazz! Good luck. R&T PS here's an extract from the restarted doing some research before buying a share. if you did todays events wouldnt faze you. This is a no brainer. And funds are still buying
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