Date | Subject | Author | Discuss |
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17/4/2020 14:16 | https://t.co/1dWUlCfn5w3 years AFTER HOLDING 28.8m shares and NEVER selling 1 , LANSDOWNE (who are acting for/via Morgan Stanley) HAVE CHOSEN NOW to BUY very very aggressively, OVER 2,100,000 in PAST 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voraciousLANSDOWNE PARTNERS holding on behalf Morgan Stanley bought 2.1 m shares 13/3 to 1/4 Now >OVER 31m holdingJPMORGAN same 2 WK period BOUGHT OVER 4.55m shares now > 12.05m https://t.co/1dWUlCfn5w | urals | |
17/4/2020 14:16 | Another week gone Paul and no sign of your BS takeover, what a surprise, lol. | bigdog5 | |
17/4/2020 14:16 | Sale implementation agreement entered into GKP and Buyers CNPC last June The new CFO appointment was part of the deal.He's STILL LIVES in Doncheng district Beijing.Handy really as CNPC the new owners HQ same spot. :)))Clowns mugging you out here , on behalf of Morgan Stanley and j p Morgan who have bought a minimum of 8,000,000 in last month as Sale approaches.Don't be mugged out by the clowns here. | urals | |
17/4/2020 14:16 | Sale implementation agreement entered into GKP and Buyers CNPC last June The new CFO appointment was part of the deal.He's STILL LIVES in Doncheng district Beijing.Handy really as CNPC the new owners HQ same spot. :)))Clowns mugging you out here , on behalf of Morgan Stanley and j p Morgan who have bought a minimum of 8,000,000 in last month as Sale approaches.Don't be mugged out by the clowns here. | urals | |
17/4/2020 14:16 | I doubt the KRG will ever pay the outstanding arrears, it will just be "lost". | bigdog5 | |
17/4/2020 14:15 | https://t.co/1dWUlCfn5w3 years AFTER HOLDING 28.8m shares and NEVER selling 1 , LANSDOWNE (who are acting for/via Morgan Stanley) HAVE CHOSEN NOW to BUY very very aggressively, OVER 2,100,000 in PAST 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voraciousLANSDOWNE PARTNERS holding on behalf Morgan Stanley bought 2.1 m shares 13/3 to 1/4 Now >OVER 31m holdingJPMORGAN same 2 WK period BOUGHT OVER 4.55m shares now > 12.05m https://t.co/1dWUlCfn5w | urals | |
17/4/2020 14:15 | AgreedVery good news from GKP this morning regarding payments from the KRG.The new proposed KRG arrangement represents immediate payment of sales invoices, going forward. This has already begun with the payment for March 2020 Shaikan production. The payment for April 2020 is on the horizon, albeit modest in size because of the depressed oil price.That leaves the four month period November 2019 to February 2020 as the outstanding sum. GKP will be owed this amount by the KRG until the end of 2020, though oil price recovery could accelerate that. Is this interest-free arrangement a poor one? Of course not!GKP has typically been paid well in arrears and on an interest-free basis, so this is essentially the existing arrangement put onto a proper, formalised basis. And if GKP follow normal accounting conventions, the amount will appear in the Accounts as an agreed debt or loan. This makes the GKP financial position stronger, even though the cash is not actually in the bank. A significant slice of the $100 million Notes will then be covered by this formally owed amount.GKP can now determine its Dividend proposal for the 2019 Results which should be released by the end of this month. It can also deal with the Treasury shares, cancelling them as appropriate. | urals | |
17/4/2020 14:14 | https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION .https://t.co/fMaubyPbsl | urals | |
17/4/2020 14:13 | AgreedVery good news from GKP this morning regarding payments from the KRG.The new proposed KRG arrangement represents immediate payment of sales invoices, going forward. This has already begun with the payment for March 2020 Shaikan production. The payment for April 2020 is on the horizon, albeit modest in size because of the depressed oil price.That leaves the four month period November 2019 to February 2020 as the outstanding sum. GKP will be owed this amount by the KRG until the end of 2020, though oil price recovery could accelerate that. Is this interest-free arrangement a poor one? Of course not!GKP has typically been paid well in arrears and on an interest-free basis, so this is essentially the existing arrangement put onto a proper, formalised basis. And if GKP follow normal accounting conventions, the amount will appear in the Accounts as an agreed debt or loan. This makes the GKP financial position stronger, even though the cash is not actually in the bank. A significant slice of the $100 million Notes will then be covered by this formally owed amount.GKP can now determine its Dividend proposal for the 2019 Results which should be released by the end of this month. It can also deal with the Treasury shares, cancelling them as appropriate. | urals | |
17/4/2020 14:13 | Agreed Broadford. The Chairman's main job is to look after shareholders interests. Another clear failure.
I did warn sometime back that the MNR would be looking to adjust the payments. I also banged on about wasting money on dividends and buybacks. However who was it advised that dividends and buybacks were the way to go to increase the SP? I'm confident I know who is to blame.
And wasn't it Paul via Urals/Chinese that thought it a great idea. You can now see how he managed to wreck his family business.
slurryscot/highlander's view on the news this morning just proves what a total idiot he is. Can you remember what happened the last time the KRG did such an action and what it resulted in.
Oil at $50 anytime soon? LOFL, dream on all you crazy delusionals.
I wonder how the auditors will view that news? Deja vu? | bigdog5 | |
17/4/2020 13:53 | The quality (or lack thereof) of reporting important background information to this Payments RNS is really quite disturbing for a London-listed public company.
That the Non-Chairman Mr Huijskes should even be prepared to countenance the issuing of such an inadequate piece of misleading information is even more disturbing.
The Board of the Company has a rancid smell about it, and I wonder how long major holders will put up with it all? | broadford bay | |
17/4/2020 13:27 | https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION .https://t.co/fMaubyPbsl | chinese_takeaway | |
17/4/2020 13:27 | https://t.co/1dWUlCfn5w3 years AFTER HOLDING 28.8m shares and NEVER selling 1 , LANSDOWNE (who are acting for/via Morgan Stanley) HAVE CHOSEN NOW to BUY very very aggressively, OVER 2,100,000 in PAST 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voraciousLANSDOWNE PARTNERS holding on behalf Morgan Stanley bought 2.1 m shares 13/3 to 1/4 Now >OVER 31m holdingJPMORGAN same 2 WK period BOUGHT OVER 4.55m shares now > 12.05m https://t.co/1dWUlCfn5w | chinese_takeaway | |
17/4/2020 13:27 | Sale implementation agreement entered into GKP and Buyers CNPC last June The new CFO appointment was part of the deal.He's STILL LIVES in Doncheng district Beijing.Handy really as CNPC the new owners HQ same spot. :)))Clowns mugging you out here , on behalf of Morgan Stanley and j p Morgan who have bought a minimum of 8,000,000 in last month as Sake approaches.Don't be mugged out by the clowns here. | chinese_takeaway | |
17/4/2020 13:26 | Agree UralsIf something is worth saying once its worth saying at least 25,000 + times Ask Bigdog the Yankee ConDogMorgan Stanley J P Morgan doing their talking with their CASH , they now OWN over 45,000,000 shares here....... | chinese_takeaway | |
17/4/2020 13:26 | AgreedVery good news from GKP this morning regarding payments from the KRG.The new proposed KRG arrangement represents immediate payment of sales invoices, going forward. This has already begun with the payment for March 2020 Shaikan production. The payment for April 2020 is on the horizon, albeit modest in size because of the depressed oil price.That leaves the four month period November 2019 to February 2020 as the outstanding sum. GKP will be owed this amount by the KRG until the end of 2020, though oil price recovery could accelerate that. Is this interest-free arrangement a poor one? Of course not!GKP has typically been paid well in arrears and on an interest-free basis, so this is essentially the existing arrangement put onto a proper, formalised basis. And if GKP follow normal accounting conventions, the amount will appear in the Accounts as an agreed debt or loan. This makes the GKP financial position stronger, even though the cash is not actually in the bank. A significant slice of the $100 million Notes will then be covered by this formally owed amount.GKP can now determine its Dividend proposal for the 2019 Results which should be released by the end of this month. It can also deal with the Treasury shares, cancelling them as appropriate. | chinese_takeaway | |
17/4/2020 13:12 | Oilman,
Who is spinning? You! | dudishes | |
17/4/2020 12:49 | AgreedVery good news from GKP this morning regarding payments from the KRG.The new proposed KRG arrangement represents immediate payment of sales invoices, going forward. This has already begun with the payment for March 2020 Shaikan production. The payment for April 2020 is on the horizon, albeit modest in size because of the depressed oil price.That leaves the four month period November 2019 to February 2020 as the outstanding sum. GKP will be owed this amount by the KRG until the end of 2020, though oil price recovery could accelerate that. Is this interest-free arrangement a poor one? Of course not!GKP has typically been paid well in arrears and on an interest-free basis, so this is essentially the existing arrangement put onto a proper, formalised basis. And if GKP follow normal accounting conventions, the amount will appear in the Accounts as an agreed debt or loan. This makes the GKP financial position stronger, even though the cash is not actually in the bank. A significant slice of the $100 million Notes will then be covered by this formally owed amount.GKP can now determine its Dividend proposal for the 2019 Results which should be released by the end of this month. It can also deal with the Treasury shares, cancelling them as appropriate. | chinese_takeaway | |
17/4/2020 12:45 | Markets are open! (Wet ones in Wuhan) | bubblingup | |
17/4/2020 12:40 | Pangolin sausage today? | 0ili0 | |
17/4/2020 12:31 | SP rocketing!! | gkphero | |