Gulf Keystone Petroleum Share Discussion Threads

[thebabe] 13/1/2022 07:34

Every January they issue a corporate and ops update.
Probably next week

[officerdigby] 13/1/2022 06:46

I would not put such an imminent time limit on it. How about having to wait till April . When they announce S14 and S14 result and pretend S12 never happened. Would that not be par?

[pngasef] 12/1/2022 22:49

GKP gave an update on 13th Jan 2021. Maybe we'll get something tomorrow then?

[nestoframpers] 12/1/2022 19:45

Reinner Fuellmich has began his case against various world Gov's in re to their mismanagement of CV19. Vid explains it

[goatcam] 12/1/2022 18:41

But you promised me that key insiders (KRG) were using UBS to hold their shares.... Please don’t tell me you were wrong again ...?

[mr_todd_f_kozel] 12/1/2022 17:44

Somebody bought them...and 2 new peeps arrived with 15 millionShuffling stockThe key long term insider's Haven't budged an inch , and own 31%of the company

[goatcam] 12/1/2022 17:39

Selling 2.51 million shares is ‘a deliberate share price rising tactic’

Pardon ...?

[nestoframpers] 12/1/2022 17:27

from 15th Oct to 31 Dec UBS sold 2.51 mill , I guess the selling started in Nov , a deliberate share price rising tactic imo.

[goatcam] 12/1/2022 16:15

well it has gone up 20% in 20 days, so a little pullback is to be expected before the next leg up.

[pensioner2] 12/1/2022 16:04

Well that just prompted a few buys. Might try the other direction now.

[pensioner2] 12/1/2022 15:34

Dropped for a big order to fill imo. - Must be a biggy. Quite aggressive now. :-)

[ticketmaster] 12/1/2022 14:04

Personally I expect some effort to hold this down below current level, might encourage a few weak holders to take some profit. Don't think they will be too successful with that strategy, but it will be tried.

Oil price is above 84 so that should help us

My prediction is Friday close of 218/219 no significant price movement without company news

[releasethekraken] 12/1/2022 14:02

Yes ops and corporate this week or next would be as previous years.RTK these are all possible of course.It would have been far better value to have conducted a share buyback using a proxy ,over the past 2-3yrs , than publically flag a massive in mkt buyback now as price will rocket.The company borrowed 525m with 0 income :)Borrowing 300m costs less than 1 X 25m dividend......and they paid 4 times that last year I think an ops and Corporate Update will be along shortly , it normally is, and we shall find out!A leveraged recapitalisation is certainly the most obvious method to optimise capital structure, the company has flagged this as a possibility several times.The company has far too much cash,generates far too much cash , and should have far more debt.Whether a new bond issue is used to buyback from proxies ( likely) , or in mkt or via tender offer we shall see, but something clearly must happen.Another possibility is that they issue new debt , and pay a very large special dividend, perhaps $2-300m.All of these can address what is a very equity heavy but debt light structure.Major holders will have been calling for some action for a long time , this may explain the votes against the Chairman at last AGM

[hugo short] 12/1/2022 13:37

Anyone home?

[pensioner2] 12/1/2022 13:28

I expected it to hit 220 by Friday but it looks as though it may close above that today.

[dalesmann] 12/1/2022 13:24

Somethings a foot and it's not just my willy!

[goatcam] 12/1/2022 13:16

moves are AFOOT? MMMMMMM can't wait to pour Bollinger all over your toes at the takeover party Paul ! Every day my dream becomes closer to reality.

[highlander7] 12/1/2022 13:12

When this is sold JBG Ill buy you the whole boar - imported from France !

LOL

[johnbuysghost] 12/1/2022 13:03

Moves are afoot at GKP and the long covid lunch queue.

Time for a power roll and wild boars hoof.

[highlander7] 12/1/2022 13:01

OT

Watching PMQ ....looks like BOJO is toast.

LOL

[pensioner2] 12/1/2022 12:55

Indeed, TFK. And his continued presence may signal that he has now complied.

"Major holders will have been calling for some action for a long time , this may explain the votes against the Chairman at last AGM"