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Cairn India
The Cairn story in India is a relatively
Posted by :
HarikrishnanTracked by: 0 Boarder
The Cairn story in India is a relatively simple investment. There are key elements your company must aim to do:-
Deliver the Rajasthan project
Sustain peak production of 175,000 barrels of oil per day for as long as possible
Continue to look for growth opportunities for the future
Maximise the value of our existing assets
Your company will do all it can to meet those targets while focusing on cost and technical capabilities at all times ...
Cairn may sell legacy holding in Videocon Ind, stk gains
Posted by :
sanjay185Tracked by: 0 Boarder
It`s really esential to have it in portfolio as an hedge against all the uncertanities of what`s happpening in west .
moreover , it`s a large cap and cannot behave like mid cap ....so one should have this in portfolio for sure....
In reply to:
Cairn may sell legacy holding in Videocon Ind, stk gains
Posted by :
MMB Messenger
At 11:11 am, Cairn India was quoting at Rs 246.75, up Rs 2.45, or 1%. It has touched an intraday high of Rs 247.40 and an intraday low of Rs 245.15. The company may sell legacy holding in Videocon Ind worth Rs 72 crore, reports CNBC-TV18. It was trading with volumes of 100,340 shares. 
Cairn may sell legacy holding in Videocon Ind, stk gains
Posted by : MMB MessengerTracked by: 0 Boarder
At 11:11 am, Cairn India was quoting at Rs 246.75, up Rs 2.45, or 1%. It has touched an intraday high of Rs 247.40 and an intraday low of Rs 245.15. The company may sell legacy holding in Videocon Ind worth Rs 72 crore, reports CNBC-TV18. It was trading with volumes of 100,340 shares....
BUY CAIRN INDIA 2010 TARGET 1500+
Posted by :
readarticleTracked by: 0 Boarder
Harikrishnan,
thanks for the information. But pls don't write in capital letters as your messg is getting deleted.
We can't open ur earlier message of Bullish - will reach 1000+ as its capital.
thanks and keep posting...
In reply to:
BUY CAIRN INDIA 2010 TARGET 1500+
Posted by : Harikrishnan
Cairn India output to increase by 30% from Rajasthan
The company is also undertaking construction of export crude oil insulated pipeline, gas pipeline and associated facilities from Barmer, Rajasthan to the Gujarat coast for transporting the crude to refineries.
BUY NOW.... CAIRN BULLISH STOCK... AVOID RPL....
CAIRN CAIRN CAIRN...
BUY CAIRN INDIA-LONG TERM TARGET 1250+
Posted by : GuestTracked by: 0 Boarder
You are 100%rite Mr.Harikrishnan. cairn india will surelly cross 1000+ with in 1.5 years.
strong company.strong technology. buy cairn india....
In reply to:
BUY CAIRN INDIA-LONG TERM TARGET 1250+
Posted by : Harikrishnan
BUY CAIRN INDIA.... 2010 TARGET 1000+
BUY NOW..... BULLISH STOCK...
BUY CAIRN INDIA 2010 TARGET 1500+
Posted by : HarikrishnanTracked by: 0 Boarder
Cairn India output to increase by 30% from Rajasthan
The company is also undertaking construction of export crude oil insulated pipeline, gas pipeline and associated facilities from Barmer, Rajasthan to the Gujarat coast for transporting the crude to refineries.
BUY NOW.... CAIRN BULLISH STOCK... AVOID RPL....
CAIRN CAIRN CAIRN...
...
Cairn India output to increase by 30%
Posted by : HarikrishnanTracked by: 0 Boarder
Cairn India output to increase by 30% from Rajasthan
Cairn India\\`s Rajasthan fields might pump over 30 per cent more oil this year, according to the company statement .
The statement said that estimates of oil production from Mangala, Rajasthan, is expected to increase 30 per cent over the previous estimated. The estimated crude oil production will be 478 mmbbls.
The revised field development (fdp) plan from Mangala envisages a 25 per cent increase in peak production at 125,000 barrels per day (bpd), according to a the statement issued to the company to Bombay Stock Exchange.
According to estimates, Cairn India will contribute over one-fifth of the country\\`s current domestic oil output, when it commences production in the second half of 2009.
The company is also undertaking construction of export crude oil insulated pipeline, gas pipeline and associated facilities from Barmer, Rajasthan to the Gujarat coast for transporting the crude to refineries
...
NSE Announcements on Cairn India
Posted by : saikatdawTracked by: 0 Boarder
Yes, I had calculated the estimated returns based on these expected figures. What we need to aditionally factor in is the EOR, which will give greater than 175000 boepd production (as per their presentations it is around 300 million barrels additionally). If this is successful, then this itself has the potential to increase in production by 55000 additional barrels per day or increase the total no. of years of production by as many years (this is expected to start after 2011). Also there may be new finds, and also we have not considered smaller finds for which it has submitted DoC (declaration of commerciality). I too feel this stock has huge potential. ...
In reply to:
NSE Announcements on Cairn India
Posted by : readarticle
Members,
Here is the information from CAIRN ENERGY:
They generated a MIND BLOWING Revenues of 203M POUNDS Profit.
They expect CAIRN INDIA to generate 1.6Billion POUNDS Revenue per Year.
I can't imagine what the price will be in next few years. I think it will be another RELIANCE INDs.
Read Below:
By MICHAEL BLACKLEY
CAIRN Energy, the Edinburgh-based oil and gas explorer, today delivered a strong set of first-half profits as it gears up for drilling its first commercial oil in India.
The company's lucrative Rajasthan reserves are expected to contribute a fifth of India's total daily oil when it starts drilling in the second half of next year.
Its Cairn India arm is expected to deliver revenues of up to £1.6 billion a year at the fields.
And the firm's chief executive, former Scotland rugby international Sir Bill Gammell said that the firm is taking on the role of "arctic explorer" by investigating new potential oil in Greenland.
Cairn's Capricorn division has already commenced an exploration programme in Greenland and believes that there is potentially up to 50bn barrels of oil.
Sir Bill said: "The key to Capricorn is that it is now taking on the role of an arctic explorer and there is seismic opportunity in our work in Greenland, which is taking place with a view to drilling at locations in three years time.
"We are trying to create a bandwagon rather than follow one and Greenland offers huge potential."
Cairn recorded its first real strong profits in the first half of this year after recording profits of £203.6 million after tax. Although it recorded £823.6m of profits in the first half of 2007, the figure had been strongly influenced by the £835m IPO of Cairn India.
But Jann Brown, Cairn's finance director, insisted that the true sign of the group's strength is in its balance sheet. She said: "Right now, because we are in the development phase, the true health of the company is not in the profit position. What is important is the balance sheet, and it is in very good shape."
Cairn is currently forecasting that the Rajasthan fields will deliver 175,000 barrels of oil equivalent a day, but that the figure could rise even further.
Sir Bill said that, while the price of oil will impact revenues, the company's relatively low research and production costs mean it will be profitable "at any cost".
If oil stands at $100 a barrel, the firm could get an operating cash flow of $3bn (£1.6m) a year.
"The group has the ability to deliver material growth in the two arms of its business," said Sir Bill.
Cairn near term range is 225-275....
Posted by : readarticleTracked by: 0 Boarder
Saikatdaw,
I have posted CAIRN ENERGY result information and what they expect from CAIRN INDIA every year. Based on that I think your targets will be achieved very easily and surpassed it.
Let me know....
In reply to:
Cairn near term range is 225-275....
Posted by : saikatdaw
By Sept next year I feel it should be around 400/- to 450/- range, I think, as only Mangala will start producing by then, Bhagyam and Aishwarya are scheduled for production in 2010 only. So I feel 1000/-to 1200/- range is achievable around Dec 2010.
NSE Announcements on Cairn India
Posted by : readarticleTracked by: 0 Boarder
Members,
Here is the information from CAIRN ENERGY:
They generated a MIND BLOWING Revenues of 203M POUNDS Profit.
They expect CAIRN INDIA to generate 1.6Billion POUNDS Revenue per Year.
I can't imagine what the price will be in next few years. I think it will be another RELIANCE INDs.
Read Below:
By MICHAEL BLACKLEY
CAIRN Energy, the Edinburgh-based oil and gas explorer, today delivered a strong set of first-half profits as it gears up for drilling its first commercial oil in India.
The company's lucrative Rajasthan reserves are expected to contribute a fifth of India's total daily oil when it starts drilling in the second half of next year.
Its Cairn India arm is expected to deliver revenues of up to £1.6 billion a year at the fields.
And the firm's chief executive, former Scotland rugby international Sir Bill Gammell said that the firm is taking on the role of "arctic explorer" by investigating new potential oil in Greenland.
Cairn's Capricorn division has already commenced an exploration programme in Greenland and believes that there is potentially up to 50bn barrels of oil.
Sir Bill said: "The key to Capricorn is that it is now taking on the role of an arctic explorer and there is seismic opportunity in our work in Greenland, which is taking place with a view to drilling at locations in three years time.
"We are trying to create a bandwagon rather than follow one and Greenland offers huge potential."
Cairn recorded its first real strong profits in the first half of this year after recording profits of £203.6 million after tax. Although it recorded £823.6m of profits in the first half of 2007, the figure had been strongly influenced by the £835m IPO of Cairn India.
But Jann Brown, Cairn's finance director, insisted that the true sign of the group's strength is in its balance sheet. She said: "Right now, because we are in the development phase, the true health of the company is not in the profit position. What is important is the balance sheet, and it is in very good shape."
Cairn is currently forecasting that the Rajasthan fields will deliver 175,000 barrels of oil equivalent a day, but that the figure could rise even further.
Sir Bill said that, while the price of oil will impact revenues, the company's relatively low research and production costs mean it will be profitable "at any cost".
If oil stands at $100 a barrel, the firm could get an operating cash flow of $3bn (£1.6m) a year.
"The group has the ability to deliver material growth in the two arms of its business," said Sir Bill.
...
In reply to:
NSE Announcements on Cairn India
Posted by : MMB Messenger
Cairn India Limited has submitted to the Exchange a copy of an announcement of Cairn Energy PLC, the majority shareholder of Cairn India, has been released to the London Stock Exchange on August 26, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Cairn India
Posted by : flashstock05Tracked by: 0 Boarder
(27 Aug) As per market talks Cairn (244) makes a decent bet at current levels for few weeks target up to 264-270 levels regards flashstock05...
Invest in Cairn India, says S Shenoy
Posted by : kannans4uTracked by: 0 Boarder
surely u can enter this time because u can c 275/- next week...
In reply to:
Invest in Cairn India, says S Shenoy
Posted by : omal
I had exited this stock @188/ long back.Should I reenter at the present rate?
NSE Announcements on Cairn India
Posted by : MMB MessengerTracked by: 0 Boarder
Cairn India Limited has submitted to the Exchange a copy of an announcement of Cairn Energy PLC, the majority shareholder of Cairn India, has been released to the London Stock Exchange on August 26, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
Invest in Cairn India, says S Shenoy
Posted by : omalTracked by: 0 Boarder
I had exited this stock @188/ long back.Should I reenter at the present rate?...
In reply to:
Invest in Cairn India, says S Shenoy
Posted by : MMB Messenger
Sandeep Shenoy of PINC Research is of the view that one cna invest Cairn India for long term.
Invest in Cairn India, says S Shenoy
Posted by : MMB MessengerTracked by: 0 Boarder
Sandeep Shenoy of PINC Research is of the view that one cna invest Cairn India for long term....
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