Gulf Keystone Petroleum Share Discussion Threads

[bubblingup] 26/4/2022 09:19

"...GKP could easily pay out the same dividend again the second half of this year without even breaking a sweat."

Thanks Turvart, that will do admirably :0))

[nestoframpers] 26/4/2022 09:15

I suggested a bi monthly divi of £25 mill over a year ago but the trolls laughed at me , looking that way now isn't it.

[0ili0] 26/4/2022 09:05

Walk it down walk it up. Filling the City's boots.👢€176;👢㈑6;

The biggest 💰🐄 in the market.

Is nobull a nothing 🍔? 😉

🛢️
29312;💭

Back to the ⚗️€300;😱

[steephill cove] 26/4/2022 08:56

Too right 0ili0 & as a LTH 💪, I want to benefit from their games. They are slowly walking it back down this morning to let in big buyers 🌳🤝

They are in control & they want GKP in the red today 👍

[0ili0] 26/4/2022 08:52

LTHers don't lose on GKP 👍

Shake the tree MMs 🌲🤝

[nobull] 26/4/2022 08:47

"I predict EPS will be 145p or even higher so IMO I think GKP could easily pay out the same dividend again the second half of this year without even breaking a sweat."


And you know what the R-factor is, what the cost recovery pool is, what cost oil and profit oil are, and you did your forecast to take into account how the PSC describes revenues are to be shared?

It is true I suffered a substantial paper loss on MPE yesterday, but that doesn't change my point about GKP probably being cheap (the low PE) all for a very good reason perhaps because the forward PE ratio will rise as eps fall in 2023 (and therefore the shares being fairly valued) because of the cost recovery pool's rapid depletion and a change in R-factor.

[steephill cove] 26/4/2022 08:38

Here comes the red as they will want a piece of the action 💪

Get ready for another treeshake 🌳🤝 as the enormity of the forthcoming GKP Dividend payment percolates through 👍

[shortsqueezer] 26/4/2022 08:35

The board have clearly signalled that they aren't using the excess cash for operational purposes, by distributing it as dividends instead. I see no reason why this won't continue.

[steephill cove] 26/4/2022 08:35

Get ready for another treeshake 🌳🤝 as the enormity of the forthcoming GKP Dividend payment percolates through 👍

[thebabe] 26/4/2022 08:35

I hate to bore peeps but shareholders should study capital structure.That is the mix of debt and equity a co uses to finance itself.Gkp has far too little debt.It should have borrowed a lot more cash used it to accelerate higher prodn yrs back but never has.Because that was never the plan.The plan clearly was to get phase 1 done, prep and dress up the co for sale , and transition to grown up IOC operations when under new ownership.However they have banged on for months about optimization of capital structure.That means more debt, and one way or another s very large buyback of stock ,pre sale.That I expect coming next.

[turvart] 26/4/2022 08:24

Bubblingup,

GKP is relatively new to me so I don't really have experience how the BOD will act with future dividends, maybe this is a question the LTH's may give a better guessed answer.

As for the Fundamentals I do understand and bearing in mind these payments are 3 months behind and April payment reported on 4th August, then we have outstanding RNS payment figures to look forward to. Last year the earnings per share (EPS) was 58p don't get EPS mixed up with dividends per share (DPS), this year 2022 I predict EPS will be 145p or even higher so IMO I think GKP could easily pay out the same dividend again the second half of this year without even breaking a sweat.

Sorry I can't be more specific but I just don't know how the BOD will play it.

[bubblingup] 26/4/2022 08:08

Turvart, how much more cash do you think the company will return to us in dividends in 2022, apart from the $25M July payment already proposed?

[turvart] 26/4/2022 07:57

Yeah great RNS,

People just need to wake up to the fact this is going to 750p

[thebabe] 26/4/2022 07:56

Could easily yield 70-75% 2022 if still IndyHTTPS://twitter.com/GoodnightCharl1/status/1518845943990337537?t=CU6XjoYtkZ7Nz9wI2KBl7A&s=19

[jackpotjack] 26/4/2022 07:31

Yep and hopefully similar for the next one as will be around 9p.13% return over 3 months at this share price is crazy.

[imnotspartacus] 26/4/2022 07:16

Nice exchange rate!

[habshan] 26/4/2022 07:12

RNS.

Dividend Payment.

On announcing Gulf Keystone's 2021 Full Year Results on 30 March 2022, the Company declared an interim dividend of $65 million.

The payment is equivalent to 30.313 US cents per Common Share of the Company. It has been converted into pounds sterling at a rate of $1:£0.7844 prevailing on 25 April 2022, and hence a dividend of 23.778p per Common Share will be paid on 13 May 2022 to those shareholders on the register of members of the Company as at 29 April 2022.

[releasethekraken] 26/4/2022 06:36

HTTPS://twitter.com/chicagojack5/status/1516370631490686977?s=21&t=8lFpp7td91PN-yP77Aly5Q

[turvart] 25/4/2022 21:24

NOBULL wrote:
I expect that the uncertainty over the earnings stream is what makes people like me pay 4 x more for the shares for the same GKP £1 FY2022 forecast in a company like MP Evans (the latter has a more certain less risky, less lumpy production growth profile, albeit in a completely different $ priced commodity and in a less corrupt host country.

HAHAHAHA how much did MPE lose today? Errrrr here it comes!!! 7.72% LOLOLOL

how much did GKP lose? 2.85%

But you know best!! hahaha

[nestoframpers] 25/4/2022 18:50

107 k UT
then 53 k and 42 k

[steephill cove] 25/4/2022 17:23

Feel like theres got to be a few more. Watch 1st thing tomorrow morning 👍

[pensioner2] 25/4/2022 17:20

A lot of effort for 53k. Is that it?

[thebabe] 25/4/2022 17:01

53,362 buy afters