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Gulf Keystone (GKP) Takeover Rumours

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30-07-2015
3 way bet1) KRG cough up2) GKP Goes bust to bond holders3) Takeover/ farm in.Surely 2 will only happen if there is no value to be had? Otherwise 3) at some price will happen as why would another oilco sit back and watch assets go to bond holders for free?
adam Anybodys guess but the share price is down here for a reason and to me I'd say that if T5 came in, then that bond debt might want to be looked at. It would not surprise me (if there are no firm buyers) that they might look to convert that debt into shares and thus the bondholders get a load of ultra cheap stock plus any new stock in a possible refinancing. Again only a thought but would T5 commit more cash (say spend £100m+) and see it used up with no proper payment and then it in turn suffer like GKP is suffering now. If that's the kind of deal that did emerge it won't imo go places anywhere soon, but emerges as a new company with this the starting point for new investors or those wishing to hang on. If it was a merger (Basically T5 takeover) who knows how much T5 would want to raise on the market and at what price and thus affecting existing shareholders?
The debt service is about $56m per annum Say $5m a month No cosy chats required with bond holders some of whom are probably major equity holders too Cash could come in from krg / farm. In/ bir / part asset sale/ placing/takeover then who cares So of course as usual the frighteners are out in force It's a great buying opportunity if you have faith If you don't have faith you would have pissed off long since ;) Curiously so many with no faith remain educating any lth who are left holding stock For some curious reason :)
I SAID TAKEOVER AT 40P!!!! ME ME ME..... U WATCH AND SEE...
ii...great post..AND TRUE 100%... 09:13 Some folks just don't Get It MikeyAdmin Genel is a valuable Takeover Target so the City want as many shares as possible GKP is a valuable Takeover Target so the City want as many shares as possible The City does not Buy from the Ask raising the price, instead they send the price down. Remember how Capital gained their 9,723,555 shares in May 2013. Shake shake shake, down down down until enough Shares fell from PI' hands This is about MONEY, and who gets it when GKP gets taken over. The PI's shares are what the City wants, Genel and GKP
29-07-2015
Constantly pressuring the price down Ask spoofed heavy Throw in lots of internet shit to hit sentiment Going bust. No payments d for e afren etc etc No buyers And slowly but surely retail get squeezed out Some buying more of course But majority stiffed as they were when herded in It's the counter to spiking the price drive takeover rumours etc etc All good caricature. - I know peeps like that word here ;)
To think some folk on here actually thought there would be a takeover. If only you had all listened to onetomany at 40p all the way down. Think you can now see what's happening. Shame
28-07-2015
Nice I see the register issue has cropped up again The Company has the latest register( it changes daily) and Tony Peart would probably get an exception report daily on the movements of blocks over 500,000 (say) All perfectly normal GKP will have sought to identify the beneficial owner behind all the larger stakes. If they have been unsuccessful with any then they are disenfranchised Personally I do not believe this is a reason behind the low AGM vote but in theory it could be ( the first in recent history,) The simple answer in all these goings on is usually the right one People couldn't be arsed Let's also remember that concert parties are illegal and people wanting to take control of an entity through undeclared stakes would probably be kicked into touch by the takeover panel for not following the rules Now for some exercise and some sunshine :-)
27-07-2015
raft thanks for the post ref oil but it is of no consequence here. Oil will trade sub $40 in the near term and the majors know that. One of the 3 reasons they haven't bid for GKP. With no payments coming other than a possible small token for domestic sales, this is all about the terms of D4E and the terms of the T5 reverse takeover (if indeed that is the plan, I've heard two versions). Time running out, August will certainly give you the answer to the question.
P2 - any of sister Dolly's upside down cake left.... think there's a few on here that might need help with the chewing if we have to wait until that takeover offer....
Nice interview with JF, sounds like he's pushing for a takeover/farm in deal of some sort even at a knock-down price. Good to see the big names still in there, I still believe there is lots of mileage left with the sale process. Sept/Oct for a deal once the payments become regular.
Yes but whilst it's a perfect storm ... They have serious name people wanting to buy the whole company and people wanting to farm in The people wanting to buy the whole won't want a farm in partner This is why the exit options had the >50% asset sale trigger as a full or part sale of Shaikan is an option to the whole company sale. It's also the crown jewel takeover defence that has to date it seems stopped a hostile acquirer as ithe company can sell the asset and leave any hostile bidder empty handed Looks like JF doing the put up or shut up in public and setting the timescale as end of summer as a low bid to steal the asset has never been viable due the takeover defence pw put in place
26-07-2015
If the retail investor's are not interested, or not able to vote, then m&g and capital can then decide weather to allow a takeover or farm out, and also who is on the board. If the ii's are not interested in an offer, because to low, would retail even be asked? imo
25-07-2015
Hearts I heard a whisper that the blog idiot had been approached by the Takeover Panel because he had hit 29% Only a whisper though
24-07-2015
Shitty Thanks for taking time to remind us No room for subtlety Just need Chix to remind us there was no takeover never will be etc and my cup runneth over
23-07-2015
Nest Sinopec Xom Krg Etc etc They really give no fuck regards takeover code and panel guffaw Gkp been in play for years
Will If you refuse a Company request to identify the beneficial owner you can be disenfranchised, so you can't vote Pukka institutions follow the rules but there is no financial sanction if they do not but generally they follow the rules They don't want to fall out with the powers that be I am no longer familiar with the intricacies of the Takeover Panel rules except to say they have a lot of flexibility If someone were to build an undisclosed stake, fine if they can do it - there are severe penalise for concert parties btw - but they may end up being on the wrong side of the Takeover Panel No professional advisor would want to be associated with such an event In summary - you can forget the conspiracy theories especially when the ultimate power lies with the KRG
Should there be a takeover bid, the Takeover Panel would be very interested in undeclared holdings. I would be very surprised if any REPUTABLE bidder was not very sure to comply completely with the London Listing Rules.
Chix This no longer a trading stock Past months volatility tiny It's an inevitable takeover Just when I'm hoping they fend off any deal for 2 years The takeout price then will be much higher Unless someone keen makes them an offer they can't turn down sooner Option prices IMO And callx is very low these days
He's quite the comedian though even if that's not the intention. GKP - The Road to Takeover - of the financial and mental faculties (assuming you have them to start with eh NM?)
22-07-2015
GKPHERO.....up yours Large payment from the KRG....up yours SP Re-rating...up yours followed by Takeover....up yours fuck you and fuck YOUR predictions!!!! !! JUST ANOTHER PAID RAMPER! you working for the MM'S? EVERYONE HERE KNOWS THAT IN RE TO GKP...WE HAVE BEEN WELL AND TRULY SHAFTED/FUCKED!!! so hard up the dark hole... its gonna hurt for years to come!!! all the cunts like KOZEL fucked off years ago by selling high... all the ii's ARE/HAVE offloaded.... THIS BITCH IS FINISHED...ON ITS LAST LEGS. imo
Large payment from the KRG followed by SP Re-rating followed by Takeover All this will happen in 2015 imo.
21-07-2015
So 'buy on the rumour sell on the fact' retail advised :) Feb 12 mg sold 10,000,000 ish to thousands of retail buying on the rumour at £3++ stiffed No takeover Sell on the fact ....... Retail been capitulating and mg buy 20,000,000 on the fact Retail stiffed again All good fun while we wait
John: 1712notout 21 Jul'15 - 14:41 - 433466 of 433466 0 0 Stu Who said a takeover looming ?
Stu Who said a takeover looming ?
Further: Surely this avatar shouldn't be able to benefit from a takeover(LOFL), as he hasn't made a contribution towards the company? (We all know that the money from avatars share dealing accounts does go directly to the company.)
20-07-2015
Buddy How very American :) The SP was £4 'buddy' and a takeover inevitable Ps what you confident or not about means fuck all of course Just holding waiting and having the craic with the myriad of peeps who can't seem to leave lunatic Gkp shareholders alone whatever the SP ;)
16-07-2015
When the price was £4 And thousands of suckers were required too offload too there were no talks no takeover But retail herded in on the 'inevitable takeover' Complete antithesis now There will be offers
14-07-2015
And both self confessed for sale , producing away soon to be paid Obvious takeover targets Kinda reminds me of those £4 days when 1000,s of retail piled in no title no production but a takeover of course Just the inverse if the p and d Just tme
13-07-2015
Another cheap takeover offer....TPL "The possible offer Nostrum has proposed to the Board of Tethys would provide for a price of C$0.2185 per Tethys share (whether in cash or Nostrum shares or a combination of both, as determined by Nostrum). This price represents a premium of 15% to the price at which AGR Energy has agreed to subscribe for new ordinary shares in Tethys (as announced by Tethys on 1 July 2015). This price represents a premium of 46% to the closing market price of an ordinary share on the TSX of C$0.15 on 9 July 2015 and a premium of 143% to the closing market price of an ordinary share on the TSX of C$0.09 on 14 May, the day prior to the announcement by Tethys of a convertible loan financing with AGR Energy." imo Sold my shares at a loss for 20p. Now 10p.
11-07-2015
Agree 1712, Jon F is saying that they won't accept a "low ball" offer, but the current CPR says that GKP is only worth a "low ball" offer. :? How exactly does that work, unless the CPR is not what GKP is using to calculate GKP's worth and if that is the case, then why has the CPR not been revised to reflect what GKP is actually worth and what the BOD will accept in a takeover situation?
There is a large PI base with Gkp, always has been, it doesn't fit with the conspiracy theories of accumulation which seems to be a favourite comfort blanket for some.It appears clear from the AGM that a takeover is not happening in 2015, so there's no quick fix.Exports in a blended Kurd crude and SA FDP is the key drivers short term.
10-07-2015
I heard that his passport was confiscated for grooming a mentally incompetent moderator of the Road to Takeover Thread and a previous conviction of sporting a bouffant in an Arndale Centre during daylight hours.
Oh, and this is his idea of being right: Beleathered Mentalist: Anyone who thinks this company isn't about to be bought out for £10 / share hasn't got a bloody clue Beleathered Mentalist Narcissistic Alter Ego Avatar: Beleathered Mentalist said there would be no takeover of this company, he was right
09-07-2015
Holding for the double digit billions takeover.
I'm me and have increased my holdings here during the drop Have 207,000 now Had just under 90,000 when I didn't sell at £4 So £1.80 would put me in same boat I suspect we are looking at £2-3 if a takeover in near future If we still independant 2017 I see£5 plus Maybe a lot plus All of this depends if a public competition can be had And all my estimates could then double particularly if it's east v west IMO
Chix rubbish When the city was shafting g 1000's of retail by making them believe £4 was a buy and hold as £8 was inevitable so they did ....stiffed Now when the company is in a far far better position and a takeover or merge farm with a big boy likely it's don't buy ( when the instis are 86,000,000 worth) cause they may go cheaper Hugely entertaining though I'm getting more - tomorrow - some division clearing in Great opportunity here
H Assume all payments received before end 2016 Production average 45k 2016 all injected Profits subject poo around £100 - 150m Cash in hand year end 2016no additional capex say £200m+ Forward p/e 20 £2-3bn as producer Say 12bn oip apportion measly 25p / barrel add 3bn Let's say then £5-6bn Of course oip,may be higher more discovery Poo might spike And a premium for takeover including value for production facilities 20% ? So conservatively £6-8bn around £6-8 a share
Herschel K 9 Jul'15 - 11:41 - 431841 of 431857 2 0 Interesting that no-one has an answer to this.............yet many are more than willing to tell us all that GKP is "fairly-valued" at 34p, or that we shouldn't expect "£x or y" in respect of a takeover............?? Where are all these people who can so expertly value GKP when they feel like it, when all I am asking is how the Edison note can estimate an eps in 2017 of 15.3p per share, yet value GKP in its entirety (based on full Shaikan development) at 89p? I'll ask again - AM I MISSING SOMETHING???? H
Well, an excellent and progressive update today which steadies the ship and plots a forward course. What it also shows me is that there's zero chance of Shaikan being sold or even part sold. Shaikan is the only asset of real value that GKP have and must be used to either resurrect GKP's fortunes or used as a bargaining chip to enable a sale of the whole company. To sell Shaikan would be suicidal in my opinion. The regular income is to be celebrated as it eases the financial pressure somewhat, and the feeling I have is that by xmas 2015 we're gonna see a much higher share price whether a takeover happens or not. The company is finally starting to be run like a professional outfit as opposed to the corner street shop it used to be under TK and chums.
Or will GKP be takeover this year for £5/£10/£20 per share?
The company is still in takeover talks hearts. Of course there are whispers about this. ;)
08-07-2015
At £4 the price action said takeover - errrr sorry it said city stiffing 1000's of retail Price action since court has been stiffing retail again as they capitulated
07-07-2015
Are people moving from genel to gkp, on the rumour from Twitter that neither Genel or Dno are going to be first wrt consolidation?I don't want takeover at this ridiculous level, want payment news, or resource upgrade.Gla
Hey guys, Don't tell me, it's the old 'pre-AGM Exxon takeover rumour' being trotted out once again? Keep trying Mr Waterhouse, your efforts on LSE and here today are being monitored and recorded. For posterity you understand? A little keepsake? CWD
06-07-2015
The most likely scenario is for a would be purchaser to buy into Shaikan, leaving the full takeover for the future when the political and financial situation in all of Iraq is much clearer Just a mull Sell Shaikan and develop the rest , as some of us have been saying for years. It makes no sense at all to sell SA before it is fully appraised, particularly since GKP has 80% of it. IMO
It looks like a full takeout of GKP is off the table for the foreseeable future for all the obvious reasons Looking at the practicality of such an event also shows a number of potential problems An offeror will want the recommendation of the BOD and to have tied in Capital and M&G That said they would still be way short of the 90% they would need Once they announce a Board rec for say 60p, then it is an open field for any bidder to offer 70p plus How can the BOD not recommend this? Then comes the issue of 90% Currently 3 private shareholder nominees hold 20% of the equity Who knows what level of offer they would find acceptable? This situation would make an offeror very wary The most likely scenario is for a would be purchaser to buy into Shaikan, leaving the full takeover for the future when the political and financial situation in all of Iraq is much clearer Just a mull
GKP - The Road To Takeover (Moderated) - GKP LR2 - 20 Mar 2014 - 11:18:06 - 35739 of 56160 "How many here have had a phone call from GRH over the last week?" No, but I'm out between 10 & 12 each day. Boogy woogy classes.
GKP - The Road To Takeover Is Almost At An End - GKP Bullster - 22 Dec 2014 - 21:06:24 - 11522 of 12996 nicebut - 07 Mar 2014 - 12:22:26 - 33932 of 56132 boogie woogy originated in texas apparently... why am i doing this?
I always used to ask myself, was company "C" Shevron. GKP - The Road To Takeover Is Almost At An End - GKP Bullster - 22 Dec 2014 - 07:18:18 - 11516 of 12996 Boogie Woogie. In an interview broadcast July 3, 2006 on CNN, World War II veteran Bill Arter said he often played in jam sessions with the black unit in Company C http://en.wikipedia.org/wiki/Boogie_Woogie_Bugle_Boy
We had whispers of a takeover from Leftly in 2011.
Is this still under review from somebody as a potential takeover
04-07-2015
Agree, I think the oil companies will get 50% max of what their owed for 2014. It's clear that even if regular payments start soon this and any back pay is not going to be sufficient to continue to develop SH/ pipeline spur and pay the bonds.Never mind the other blocks.Farm in / BIRs is the only solution if it's not a total takeover. I can't see how more debt/dilution is going to help.
03-07-2015
IRG looking like something happening.Takeover rumours and massive rise into the closeDon't miss out for the weekend
Any takeover news Oilman??
01-07-2015
weve been in "takeover talks" now since FEB!!!!! how long does it take...FOR GODS SAKE? anyone have any ideas....thnx guys someone make a bid...and get it over and done with.
29-06-2015
750 posts since Friday? What about? Takeovers for 375 from Chevron? Please don't say you fell for the hype again? There was still no takeover guys. I told you that last week and the week before etc...... You all got roped in again to buying a few more shares? Mr 32p placee is very happy that pump worked. I feel really sad for many of you. CWD
What were people hoping for takeover news ?? We'd be far better off selling once regular payment cycle in place and back pay in the bank heading that way ( hopefully)
Takeover is coming............
there pops the £3.75 takeover bullshit! back down to 32p. $9.6m. My local car showroom turns over more per month than that!!!
28-06-2015
Sunday Business Post (Ireland) - reports Pat Plunkett of T5 coming back for a second attempt of a takeover of GKP. No link.
Mayonaisse on LSE posted "Renewed Bid by T5 Oil and GasToday 22:28The report in today's Sunday Business Post (in Ireland)( P 14 of paper edition) under heading 'Former Tullow bosses Circle Gulf Keystone' that T5 'is considering a second bid ... for Gulf Keystone Petroleum' may in part explain the recent rise. The article goes on to quote Pat Plunkett who talks of a proposed reverse takeover of GKP citing the latter's problems of short-term funding and low oil prices." FYI
Totally agree Ricardo Rick and Duxy. Two of the shining lights on these boards IMHO. They are raging because the tide has clearly turned and they papped themselves and sold out 80p ago. Haha, we will be laughing all the way to a takeover at similar levels, £1.00 - £1.30 IMHO.
But presumably none of that matters anymore? I mean the shareprice scaled the dizzying heights of 40p on Friday, PLUS I refer you to the erudite forecasts of Oracle Ricardo Richard on this hallowed forum only yesterday.All of that is at last combining to blast the GKP shareprice battering ram through ISIS, crippling debt, no regular payment mechanism, US sponsored ICG tyranny, rampant political and corporate corruption, lack of pipeline or suitable refinery mechanism, the fact the city considers GKP to be significantly less hygienic than fetid dogshit coated chicken breasts on the butcher's slab on a particularly hot day in the Marrakesh Souk, and we will see her coast to a £3.75 takeover faster than you can say slice of fruit loaf.
27-06-2015
Correct hearts - although i should note that I was speaking to a senior sauce (HP I think) from Coutts the other day, and he most certainly had heard of GKP - the whole sorry saga from discovery to now. Pointless bit of information really, but i wanted to be like bob for a minute. P.S. to all those who say we have been here before - have we been here before following the BoD announcing via RNS that GKP are in takeover talks?
26-06-2015
The rise is going to be down to payment. The question is, how much?! I think 100 million dollars which would tally up nicely with the market cap increase. I do hope however that its a takeover approach with a significant premium but I have been in GKP too long to not expect that.
Why would somebody bid more than 10 times it's present worth!!! ricardo rick1 26 Jun'15 - 13:09 - 429255 of 429270 0 0 3.75 takeover rumours. Look on LSE.
Would be nice to see a significant takeover multiple markup just to see the monkey scum panic and also to highlight what a rigged, manipulated sack of crooked shit the stock market really is.
there will be shorts being opened here. continued strength will se them scurry for the exit. this will get really interesting above 36. In my opinion, that may even suggest the trip to 15p is null and void. And that can only be off the back of at least a very positive shift in GKP's finances OR takeover.
3.75 takeover rumours. Look on LSE.
25-06-2015
That £20 takeover party is not looking likely to go ahead this year. The 50p fire sale party is being booked thou.
No takeover RNS for AFR Onetomany. Quite the opposite in fact. Do you get a kick out if being a lying arsehole, misleading people with bollocks about made up inside information you have. Is it to compensate for an empty life? See you next week sweetheart.
24-06-2015
Hi guys, just checking in. Has there been a takeover yet? Or were the board of directors lying through their collective teeth back in February? If I were a gambling girlyboy I would say the latter. Luckily it won't affect me when this share prolapses in on itself as I don't hold shares in this company having sold them soon after Todd Kozel got rid of most of the shares he was given for free back in 2013. Do you remember that? He never paid for one single share, yet he sold them faster than you can say knife. He is a crook and no mistake. I feel sorry for you guys but try not to worry because I will reappear on Friday to let you know there has been no takeover. OK? CWD :)
I think what one to many is saying, is that he piled in on the takeover rumour and has been rogered on today's collapse. Could you please all buy in so he can get out.
Relative optimism. About the impending bond threat? The decimated share price? The KRG sticking to the terms of the PSC? The dynamic new top man? The data room full of IOC's falling over themselves to pay £20/share for GKP? Yes, it's obvious why there is so much relative optimism......sheesh. CWD ps No takeover, sorry. The outgoing BOD lied in order to protect the placing deal they had already agreed with MG and Capital.
23-06-2015
The FT mentioning we are takeover target is the best yet !!! Leading Financial Rag... Brilliant bit of observation .. Prikcs !!!!!
No JB I don't think it will go bankrupt, I also don't think it will be sold for multi billions.Takeover speculation has been around since 2010, I still find it strange that for you guys who believe in Kirkuks big brother you want it sold? Surely wait 5 or 10 years for true value?
Not going bankrupt jb It's too important But too suggest it could be a takeover target ???? ;;;))) Gold mans and now the FT Ridiculous Mr r said we bust in 6 weeks ;;;;;;;)))))) Nicely we are fucked CCt no money Hearts we are fucked Chix etc etc the company and all us invested wankers fucked It's just amazing how much peeps are interested in this pile if shhhhhitttt ;;;;)
22-06-2015
It looks like my comments today have done the trick. If this goes through then GKP will be paid all monies owed imo. Takeover will then occur. Could all be wrapped up before the AGM. ;) Who would have thought that??
IMO, the Kurds didn't want GKP sold. The court case was useful for stopping a takeover, as was the letter to the Times last year. Since February it looks like they can't kick the can any further down the road and times finally up.
Anyone remember bishbashboing? Ramped the shit out of GKP on this very board and johnbuy's blog in late-2013 when the sp was around 170-200, claimed there was a Chevron takeover coming in the January. Lying fucking filth you are bob.
Hi guys, just my weekly round-up of what's happened in GKP land over the past weeks and months. You may remember I posted the same thing last week, and the week before and the week before and the week before..... THERE HAS BEEN NO TAKEOVER!! Have a good weekend, I will post up the weekly reminder that nothing happened again....next Friday or Saturday. CWD
Takeover news: Shares in Thorntons have ralled more than 40pc after following news of a takeover bid from chocolate giant Ferrero International. The family-owned chocolatier behind Kinder, Ferrero Rocher and Nutella, has offered to buy Thorntons for 145p a share through its wholly-owned subsidiary Ferholding, valuing the struggling British chocolate maker at £111.9m. http://www.telegraph.co.uk/finance/11690699/Thorntons-shares-rally-following-bid-from-Ferrero.html
21-06-2015
Highlander02, we will be shafted but the assets are such that even considering less than £4ps is not acceptable.
20-06-2015
Having listened to Barclay, I have decided to consolidate all the CGT offsets, add them to all the rumoured takeover prices and reserve this little runaround. http://tinyurl.com/oyfvg52 Shrouds don't have pockets pilgrims. Think about it.
19-06-2015
I anticipate a farm in merger is more likely short term - takeover perhaps possible too - short term = anytime in the next few months The sp could easily go north of >£1 on a farm and get stability Even a nailed on off take agreement would do the same IMO Takeover? In short term I'd be surprised IF it happened that it would be less than £1.50 Unsurprised if it was £ +3 if competitive I own a good piece here Could it get rockhoppered ? Maybe but would be very brief
shorting a stock in takeover talks is never a good idea stuart........
A takeover LGW.
18-06-2015
Good morning,AVATAR333 and Terry. I remember the time when stuart555/bob told everyone that HamishNY was a contestant on Who Wants To Be A Millionaire and posted the youtube link for everyone to watch. GKP - The Road To Takeover (Moderated) - GKP bobobob5 - 02 Dec 2013 - 15:38:09 - 26708 of 56160 Here's my former colleague Hamish Glass, starring on Who Wants To Be A Millionaire: htTp://www.youtube.com/watch?v=VZVSuYQKOCc
17-06-2015
OK so I know I often post vulgarities for amusement, but this time I have some real news in relation to GKP talks. Apparently, there is a conditional £3 offer on the table. And the condition us that I stroke my winky until he is happy. At least that's what Mr winky told me. "Meep keep meep" he said. "GKP takeover if you stroke Mr meeep" he said.
Halwest anwar â€￾@HalwestAnwar 11 minutes ago SHERKO JAWDAT HEAD OF #KRG'S PARLIAMENT COMITTEE FOR OIL & INDUSTRY SAYS WE DDNT TALKED ABOUT SELLING #OIL INDEPENDENTLY #TwitterKurds Lol, you couldn't make it up but someone certainly did. No takeover guys. Sheesh it's nearly Friday again.
Fucking hell! It's worse that I thought! The fucker was in right at the top! GKP - The Road To Takeover (Moderated) - GKP onetomany - 25 Jun 2012 - 21:44:21 - 5061 of 56160 Tough times to say the least. Lost a packet now too. Oh and look at the posts from that fuckwit frenchboy on other thread. You gotta laugh, some deserve what they get. Thankfully my exposure reduced now... May come back for more when it finally bottoms, wherever that may be. One must assume that some bad news is in the offing sadly. Be that test results, excal payoff, placing.... who knows. One thing for sure, we haven't dropped another 25% ia couple of weeks for no reason, sorry
https://www.fool.co.uk/investing/2015/06/16/tullow-oil-plc-and-gulf-keystone-petroleum-limited-are-attractive-low-cost-oil-producers/ Tullow and Gulf Keystone don’t currently pay any dividends, but their impressive production growth makes them attractive in the long term, even without any anticipated takeover offers. Their share prices do not seem to reflect much of a recovery in the oil price, yet their low cost assets should mean they will steer clear of any financial trouble.
16-06-2015
34p, something's brewing. To get a 1.5p increase can only mean £20 takeover. The trains left the station, the horse has bolted, the box is open.Look to the east, kirkuks big brother, a sea of oil.Thought I'd just alleviate the need for the next 50 posts of ramping bullux.
111notout, iii board I just thought I'd add some old fashioned optimism Feb 12 turned out a great selling and profit taking opportunity - city did that - most retail bought insteadJun 15 IMO a great buying opportunity and 86,000,000 from the city agrees The oil still there we have production and growth a route to market and no cash. An outstanding debtor is a pittance to an IOC looking at a 50 yr production plan. However the ii won't let this go bust as mg and capital just demonstrated.They bought time for 'something' to be concluded IMO.It's just time until we see a corporate deal or full takeover.LBO who I do believe was a founder investor indicated that he participated in the recent placement.And I'm sure with good reason.Anyway that's my story and why I remain invested.
I smell takeover offers in the wings. Get ready.
Not sure if this was posted, probably http://www.fool.co.uk/investing/2015/06/15/dragon-oil-plc-agrees-3-7bn-takeover-offer-could-gulf-keystone-petroleum-limited-be-next/ Dragon Oil plc Agrees £3.7bn Takeover Offer — Could Gulf Keystone Petroleum Limited Be Next
So lets get this right - DRAGON OIL - have one asset pumping 90000 barrels a day, have no debt, have 1.9 billion in cash, only 491 million shares in issue, have a fantastic website also pay a dividend ! Takeover offer 3.7 billion GULF KEYSTONE - have one asset base pumping up to 40000 barrels a day, have 527 million in debt, have only 87 million in cash,have one billion shares in issue(soon 100 million more)pay no dividend, are not getting paid regular, have isis on the doorstep, no oil and gas law, a founder that sold all his share and then left and now all other others leaving, hired pw to sell AB and that as been a write down and have not come up with anything in almost 3 years and a share price of 32p ! Takeover none yet but comparing the above even I can see gkp will be lucky to get 50p as things stand ! ive said before I will keep these till the end ,stupid I know but theres always hope however I do believe this as been played right from the beginning!
15-06-2015
What do people make of the motley fool article? Why mention gkp?http://www.fool.co.uk/investing/2015/06/15/dragon-oil-plc-agrees-3-7bn-takeover-offer-could-gulf-keystone-petroleum-limited-be-next/
http://www.fool.co.uk/investing/2015/06/15/dragon-oil-plc-agrees-3-7bn-takeover-offer-could-gulf-keystone-petroleum-limited-be-next/Fantastic news potentially
Are you going to put forward any kind of enquiry to the BOD about the Shaikan FP figures bob? No, I thought not. So it was all BB guff wasn't it. Just BB guff. Indeed the likelihood of you ever being proactive as opposed to being overbearing and pompous is about the same as the chance of a takeover of GKP. In other words, it will never happen. Some people DO stuff, and some just talk about it. And talk. And talk...... CWD
FAO 1712notout. I suggest you seek help. You are mentally ill. The share price is dropping on awful sentiment, not because someone is forcing it down due to it being worth so much. Your friend Mikey has really done a job on you hasn't he?? Shaikan is not the second coming of christ. Hope this helps. CWD. ps, just as a little taster I'll give you an inkling of my post for this Friday coming - There is no takeover, never was, never will be.
here's fckin hoping... http://www.fool.co.uk/investing/2015/06/15/dragon-oil-plc-agrees-3-7bn-takeover-offer-could-gulf-keystone-petroleum-limited-be-next/
k3vster, 2 out of 2 for OM..he is on roll..just wish he would say next RNS is full takeover and let him get the hatrick..


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