Gulf Keystone Petroleum Share Discussion Threads

[bubblingup] 14/8/2019 12:30

Have GKP opened a Just Giving page yet for return of divis?

[chinese_takeaway] 14/8/2019 12:04

without knowing how many shares will be in issue at takeover + not knowing $/boe paid, implies huge variance in outcome.However if the most pessimistic number is at least 4 times current market price then, we'll, its rather obvious!https://twitter.com/Paul47293202/status/1161223089667137536?s=19

[roverite12] 14/8/2019 11:54

Only two low level scumbag fraudsters today

Broadfraud - where's the OilyInfant ?

[broadford bay] 14/8/2019 11:22

Further to my yesterday's post, there is quite a reasonable possibility IMO that China will soon take increased- and major volumes of Iran Heavy Crude - it'll be cheap and would stick a finger up the US President's nose.

IF that does happen then you can expect a major drop in oil prices, perhaps taking us back to the forties.

In such a scenario all of that cash, wrongly gifted as Divi and Buy-Back, will be sorely missed.

[shortsqueezer] 14/8/2019 08:41

130's seems to be the target.

[0ili0] 14/8/2019 08:30

How many will be bought back today, 120k? More??Interesting RNS at BUR the other day.

[beernut] 14/8/2019 07:28

Tuesday, August 13th, 2019

Oil shot up more than 4 percent on Tuesday after the U.S. said it would delay the 10 percent tariff on some Chinese products, including laptops and cell phones. The move eased fears over the fallout from the trade war.

[guypender] 14/8/2019 07:03

Conclusive proof, what planet are you on?

[gkphero] 13/8/2019 18:47

SP rocketing!!

[pensioner2] 13/8/2019 17:04

Poor old Muttley. He's been banging on for ages about nobody wanting heavy oil and then his best pal tells him it's in demand. :):):):)

[broadford bay] 13/8/2019 16:41

Sarcasm may indeed be the lowest form of wit, but it is also said to be the highest form of intelligence...

...and if it's wit we're after here, whatever happened to the chap who posted all that stuff about Aliens and so on?

[habshan] 13/8/2019 16:39

Date of purchase

13 August 2019

Number of ordinary shares purchased

138,352

[bigdog5] 13/8/2019 16:27

In the absence of johnyboy, get in now. And be ready for hypefest:-)

[bigdog5] 13/8/2019 16:25

Oh the irony lofl.

[steephill cove] 13/8/2019 16:23

You havent got an audience Bigdog. All you have is your own avatars talking to each other to try and convince yourself that you are worth listening to. Yawn.

[bigdog5] 13/8/2019 16:22

Hey Urals/chinese, yet another of your predicted sale dates has come and gone so where are you pushing it back to now? Five years of predictions and you're still to get one correct.

[urals] 13/8/2019 16:06

without knowing how many shares will be in issue at takeover + not knowing $/boe paid, implies huge variance in outcome.However if the most pessimistic number is at least 4 times current market price then, we'll, its rather obvious!https://twitter.com/Paul47293202/status/1161223089667137536?s=19

[bigdog5] 13/8/2019 16:02

BB, the troughers will be able to continue for several years yet. As we've seen from history here there's a massive difference between the company's talk and their walk.

[broadford bay] 13/8/2019 15:55

bigdog,

no need to do yourself down (as if ever!)

The Reliance deal I mentioned is to be seen in the wider context of what, if anything, Iran will do with their heavy oil.
Reliance were on the cusp of signing a deal with Iran for 400Mbopd back last year but that of course died a death; now we see Aramco filling the gap (FT, OilPrice)
SOCAR's Star refinery (TR) likewise has had to find another supplier and turned recently to Russia's Rosneft for 1 Million Tons ASAP (Bloomberg Jly 22nd).

All of this changes the market dyanmics is all I wanted to say.

Having said that, however, and as I pointed out in an earlier posting, if you had invested in a lot of heavy crude processing kit then you want (need) to sweat it, to get it earning for you. It's therefore quite possible that Heavy Crude prices might see an upwards tick - how big and for how long is unclear.

The lighter stuff still in the ground isn't going anywhere and the SH troughers will continue to benefit, whatever transpires....

[urals] 13/8/2019 15:43

No.The market share price is completely disengaged from trade sale value + has been since the Restructuring.Worst case on trade sale high pound single figures, best case high double figures.https://twitter.com/Paul47293202/status/1161223089667137536?s=19

[pensioner2] 13/8/2019 15:39

Urals. It's over 10% up in the last five trading days. Is that what you are referring to?

[urals] 13/8/2019 15:38

Yes Chinese, without knowing how many shares will actually be in issue at takeover + not knowing what $/boe could be paid, implies a huge variance in outcome.However I also agree that if the most pessimistic number is at least 4 times current market price then, we'll, its rather obvious!https://twitter.com/Paul47293202/status/1161223089667137536?s=19