Gulf Keystone Petroleum Share Discussion Threads

[mr_todd_kozel] 16/8/2021 14:37

They have the authority to use a proxy , or any method to buy, outside of the in market .I expect an announcement pre sale ,that they have acquired a big lump of stock ( acquired by a proxy over the past 3years ) since they gave themselves that right, without notifying publically along the way.I hope it's 25%++, which when they cancel, will concentrate takeover profits higher still

[nobull] 16/8/2021 14:36

Sbb1x, they were right to be doing buybacks last time, EXCEPT subsequent events, that they could not have anticipated, made the shares they bought back overvalued (the oil price dropped and the removal of them into treasury concentrated the losses over a smaller number of shares in issue, creating a bigger forecast lps than would otherwise have been the case, which sent the shares down in price in March/April 2020 more than would otherwise have been needed. Share buybacks increase share price volatility. Not the Board's fault but get it wrong, and it has consequences. I slagged off the Board, but actually my relative benefited: they got in cheaper. I was right to slag off our Chairman for calling the buy-backs value-accretive. They weren't but they might be if the oil price stays high and SH-13 and SH-I come good.

[sbb1x] 16/8/2021 14:25

Company should be doing a buyback at these prices.

[nobull] 16/8/2021 14:23

"Surely at these prices the buyback must start soon?"

Buy backs are only worth doing if you are confident future eps will increase due to fewer shares being in issue, and this is the crucial bit, that our shares are undervalued, which in our case, assuming the payout ratio stays the same, probably most likely means that production volumes will increase and that the oil price will not collapse.

Our BoD doesn't seem sure our shares are undervalued, so it has left it to individual shareholders to decide whether to re-invest their dividends, I wonder?

The chairman said at the AGM:

“We are again putting forward a resolution seeking authority for a share buy-back. We have no immediate intention to use this authority in the short term but we have sought permission from shareholders in order to retain the flexibility to do so.”

[mr_todd_kozel] 16/8/2021 14:15

They have the authority to use a proxy , or any method to buy, outside of the in market .I expect an announcement pre sale ,that they have acquired a big lump of stock ( acquired by a proxy over the past 3years ) since they gave themselves that right, without notifying publically along the way.I hope it's 25%++, which when they cancel, will concentrate takeover profits higher still

[sbb1x] 16/8/2021 14:15

Another day closer 55000bpd. I wonder when the rns will drop

[shortsqueezer] 16/8/2021 13:16

It could be going on on the background but to be fair, there aren't many selling

[bigdog5] 16/8/2021 13:09

Wasn't Sbb1x and all you clowns spouting about 55k a day this Summer and oil at $100?

Wasn't the accelerated S13 just a matter of days away months ago?

Trolling rampers, what can you do eh?

You've been at it for over 10 years with the BS Kozel rubbish and where has it got you? 1.5p, way to go rampers.

[bigdog5] 16/8/2021 12:59

highlander716 Aug '21 - 08:41 - 637865 of 637879
0 10 1
Warren Buffet

" When listening to the opinion of fools always assume the opposite is true "


And you've been proving that highlander7 every day, every post for over 10 years.


Hey sarahgibbs, the money from Baghdad, isn't that the budget for oil money rather than an Oil Law? But nice attempt at a con there trying to mislead posters into thinking otherwise.

I note the share price has moved rather close to my predicted £1.50. Even at that price the stock is way overvalued based on the last CPR that showed a huge downgrade from the previous one. Another to follow? Or will their credibility remain at zero?

Still no S13 news and h7 hasn't a clue as to why. Whereas.....:-)

"In the Industry" hasn't helped him get one prediction of his correct in 10 years LOL. Tell us about the gas flaring again h7 and that they and the hosts don't care about it, LOL.

If you only knew you'd think before you posted but then again why change, LOL.

[bumkin] 16/8/2021 11:37

Surely at these prices the buyback must start soon?

[bumkin] 16/8/2021 11:29

Mine too Howard 👍🤞

[nestoframpers] 16/8/2021 10:49

A bit old init ?

J.P. Morgan’s hunt for Afghan gold
Jan 27, 2012 | Central Banking Elite

[howard smith] 16/8/2021 10:20

That's my divi tucked up in the isa, you can let the brakes off now please

[gkp8] 16/8/2021 09:33

hxxps://decryptedmatrix.com/j-p-morgans-hunt-for-afghan-gold/

[nestoframpers] 16/8/2021 09:28

Iran working hard to get Al Kazemi unelected

Rudaw English
@RudawEnglish
·
13 Aug
Iraqi PM Kadhimi ordered the establishment of a crisis cell to ensure electricity towers are protected. The decision was made in an emergency security meeting on Friday. ISIS has claimed dozens of attacks on electricity infrastructure, contributing to power outages.
CameraPM's office

[mr_todd_kozel] 16/8/2021 09:25

Possibly far less Nest.And at LEAST one of them has had a 4year longbuy order.Either GKP proxy or buyers brokers

[nestoframpers] 16/8/2021 09:19

The MMs have 12 days to get their orders filled.

[nestoframpers] 16/8/2021 09:02

God forbid , the PM who let ISIS walk all over Iraq .

“Maliki is betting on the support of the [armed] resistance factions and the Shia forces close to them,” a prominent Hashd al-Shaabi commander close to Iran told MEE.

"The [armed] resistance factions have no problem with Maliki. On the contrary, they consider him to be a benefactor and one of their biggest sponsors, especially during his second term as prime minister.”

According to the commander, armed factions are not yet clearly labelling Maliki as the man they want as prime minister, but see him as an important ally after the elections, whatever happens.

hxxps://shafaq.com/en/Report/MEE-Nouri-al-Maliki-is-plotting-his-comeback-in-the-upcoming-elections

[nestoframpers] 16/8/2021 08:51

08/15/2021

Economy News - Baghdad

The economic expert, Manar Al-Obaidi, announced that the revenues of the Kurdistan region from the customs tariff amount to 1.4 billion dollars as a minimum.

Al-Obaidi said, in his speech to "Al-Iqtisad News", that "according to the report of the countries' exports, the volume of exports to Iraq from five countries only amounts to 33 billion dollars," noting that "what was mentioned in the report on imports issued by the Iraqi authorities are from these countries only." $ 6 billion "

He added that "comment from the Ministry of Planning, most of these differences arising from the entry of most of the goods belonging to the territory of ports Kurdistan ie that ports the region reached the total goods entering through up to $ 20 billion , If the customs tariff rate is 7% as less probability of the import customs tariff Through the Kurdistan region, at least 1.4 billion dollars. "

Al-Obaidi wondered why the region demands its dues from the center, while it does not give the center's government any data on the border crossings and the amount of customs value collected.

hxxps://economy-news.net/content.php?id=25980

[mr_todd_kozel] 16/8/2021 08:46

"This discovery was so big that in January 2012, after only 4 tested wells, GKP issued a tender offer for a 450kbd pipeline with an option for a second one."It's taken over 4 years to implement the sale agreement,post the protective restructuring.It will be finalized by short form amalgamation in days......

[highlander7] 16/8/2021 08:41

Warren Buffet

" When listening to the opinion of fools always assume the opposite is true "

[nestoframpers] 16/8/2021 08:41

On opening a 14 K sale takes it down , since then nearly all small buys