Gulf Keystone Petroleum Share Discussion Threads

[mr_todd_f_kozel] 17/1/2022 15:52

NOBULL into the fray At LSE LOLOLOLOLWhat transparent clowns they are

[goatcam] 17/1/2022 15:45

dalesman, if i send you my email address can you send me some naughty selfies of your spreadsheet? I heard its massive and very impressive...

[dalesmann] 17/1/2022 15:42

Hi, my name is Dalesmann and I am putting in an astonishing effort for all investors sake. 813 times so far of ( I own loads, loads more than you ), it is undervalued ( but not by much ) - lots of things could go wrong, the ONLY way to value the company is (My WAY ) only on cash generation , no chance of a takeover or any other valuation criteria, and I'm a yankee doodle dandy but I wont admit it............ and I have huge daily need to educate you all. Just like my mate theoryman. We are just here ...constantly , to help fellow investors.

[mr_todd_f_kozel] 17/1/2022 15:27

PUTUPPutting up quite a show.LSELOLOLOLOLI fear he doth protest too much..But he's only trying to help us LOL

[dalesmann] 17/1/2022 14:42

Spreadsheet pointing at a buyback,due imminently. Then the rest of the cash given out as dividends before sale announcement.

[thebabe] 17/1/2022 14:27

PUTUP putting in an astonishing effort LSE all on investors behalf.
I think NOT.
813 times so far of ( I own loads , loads more than you ) , it is undervalued ( but not by much ) - lots of things could go wrong, the ONLY way to value the company is
( My WAY ) only on cash generation , no chance of a takeover or any other valuation criteria, and I'm a yankee doodle dandy but I wont admit it............ and I have huge daily need to educate you all.

Just like my mate theoryman.

We are just here ...constantly , to help.

[mr_todd_f_kozel] 17/1/2022 13:51

HTTPS://twitter.com/ChicagoJack5/status/1483072963687727105?t=6rVbmwHScPYgsTb4Z6VQmA&s=19

[thebabe] 17/1/2022 13:27

It would not be the company directly - it would be an agreement with an investment bank.
The non voting is another matter.
its interesting to me that about 58% is held in 10 blocks ( top ten) but 42% is held in a lot more chunks of maximum 2.5% probably far less.
If you believe the company is a hugely attractive asset for IOC it would also be mad to think any buyer would not have tried to build a stake ( perhaps using several small nominee holdings? ) or has used some of the top 10 private bank holders to assist.
The very odd Dutch preponderance in top 10, plus a Dutch Chairman with very large project experience with Shell and Gazprom is striking to me also.

[goatcam] 17/1/2022 13:19

I doubt the company would be buying its stock, and then publicly complain about that hidden stock not voting at the AGM... doesn't really make sense that bit

[thebabe] 17/1/2022 12:56

That may be the case.
Perhaps the company has had a third party buying stock for a long time.
That would have been best use of all the excess liquidity.
We should see an Ops and Corp update this week or next , and I doubt the board can avoid updating market on capital structure/capital allocation.
The imbalance is massive in equity/debt financing currently.

[goatcam] 17/1/2022 12:50

Everybody... including the BOD are complicit in keeping the share price low... means more per share on the final takeover!

[thebabe] 17/1/2022 12:43

A buyer of the company needs 50% of the equity - in hand - or promised too them - for the sale to be clear cut.

The more stock they can buy below the necessary final offer / share , the cheaper the exercise.

No wonder - NOBODY - inside to the sale want this to ever breakout before sale.

[shortsqueezer] 17/1/2022 12:40

Looks like some entity trying to stop this breaking out.

[thebabe] 17/1/2022 11:26

What one would hope for given the extraordinary imbalance in the companies funding between debt and equity - is a new debt issue that is used to pay for an already completed third party buyback/a huge in mkt buyback /or a considerable special dividend, 200-300m dollars.
The former two much more desirable.

When the company sold cash and debt outstanding will be net off by buyers.

[goatcam] 17/1/2022 11:20

Buyback due imminently. Then the rest of the cash given out as dividends before sale announcement.

[thebabe] 17/1/2022 11:11

Major Buyback either already done using a third party proxy and / or an in mkt buyback TBA.

Dividends possible - but much less desirable, prior to a sale.

[bubblingup] 17/1/2022 10:32

Glad that senior moment has passed P2! BTW well done on getting back to par. I will need that PT consensus of 297 plus a few years of mega divs to get there, if I'm spared. Has anyone ever suggested that we could get taken over at some future date? :0)

[howard smith] 17/1/2022 10:30

I think there may be time for both going by when GKP announced last year's dividends

[goatcam] 17/1/2022 10:25

No but I'm considering buying more GKP to gain from the imminent big divi heading my way.

[howard smith] 17/1/2022 10:07

Is anyone considering buying some CNE to gain from the imminent big divi heading their way?

[goatcam] 17/1/2022 10:01

we all have a bit of a wobbly now and again...

[officerdigby] 17/1/2022 09:34

Yes P2, don't make investment decisions based on.. Wacko BS journalism from the likes of the War Room.FFS!

[hydrocarbon1] 17/1/2022 08:49

I was actually going to add that you were probably responsible for most of the buys.
At least your back in and notice of sale or FDP wasn't RNSd this morn.
We have all made bloopers at times.