Gulf Keystone Petroleum Share Discussion Threads

[thebabe] 27/6/2022 16:17

Goatcam super frenetic today , no doubt making positive contributions ... LOL

[goatcam] 27/6/2022 16:15

"It is beggaring belief that the co has not recognised the most accretive strategy to create value was to buyback its own stock."

pffff yea tell us about it Paul...

[goatcam] 27/6/2022 16:12

12 years .... tick tock..

[thebabe] 27/6/2022 16:11

Takeover here has been a no brainer since first oil.Remarkably on these blogs everybody ( including many still here) thought it inevitable.Many of those here saying no no no , now, were all saying yes yes yes back then.LOLOf course 36,000 retail got stiffed when it never surfaced.Now of course at the moment of most obvious watershed for change of operatorship, FDP , apparently there is no chance.LOL.it's an utter inevitability, just sold to whom? when announced? And how much?Sit back relax , add whenever you can, and wait for the RNS.

[goatcam] 27/6/2022 15:55

"Takeover here has been a no brainer since first oil.
Remarkably on these blogs everybody ( including many still here) thought it inevitable.
Many of those here saying no no no , now, were all saying yes yes yes back then.LOL
Of course 36,000 retail got stiffed when it never surfaced.
Now of course at the moment of most obvious watershed for change of operatorship, FDP , apparently there is no chance.
LOL
.it's an utter inevitability, just sold to whom? when announced? And how much?
Sit back relax , add whenever you can, and wait for the RNS."

But Paul, everything you thought was a no brainer (proxy buybacks etc etc etc) has proved to be wrong. You don't particularly have a decent track record do you young man.

[thebabe] 27/6/2022 15:51

OAP check the resolution at 2019 June .2 of them.1 For in mkt same as most recent.They cannot perform an IN MKT buyback without telling the mkt which they did.Some sort of other off mkt deal possible thanks to the second resolution.Hope they have :)

[thebabe] 27/6/2022 15:45

Where s CONDOG today , he started off being a super bull, now he's felt the need to say NO NO NO, nearly 28,000 times LOL.Yes 28,000 times NO TAKEOVER....!!?He's not being paid to talk this down is he!!!???

[thebabe] 27/6/2022 15:40

Takeover here has been a no brainer since first oil.Remarkably on these blogs everybody ( including many still here) thought it inevitable.Many of those here saying no no no , now, were all saying yes yes yes back then.LOLOf course 36,000 retail got stiffed when it never surfaced.Now of course at the moment of most obvious watershed for change of operatorship, FDP , apparently there is no chance.LOL.it's an utter inevitability, just sold to whom? when announced? And how much?Sit back relax , add whenever you can, and wait for the RNS.

[goatcam] 27/6/2022 15:22

"The mystery takeover is utter garbage. Ignore the nutters spreading that rumour."

There seems to be only 1 nutter, his name is Paul Carroll, he has about 10 different accounts here on ADVFN and Twitter

[pensioner2] 27/6/2022 15:22

Those previous buybacks were announced as buyback programmes, G_C, and for that reason were rns'd. The current mandate says:

THAT the Company be generally and unconditionally

That looks different to me.

[denziiil] 27/6/2022 14:51

The mystery takeover is utter garbage. Ignore the nutters spreading that rumour.Zero chances of licences being revoked. This is political gamesmanship.Iraq needs KRG support to form a government, and KRG are very clear on how they stand with regards to the recent ruling by the interim court.

[giant_canine] 27/6/2022 14:45

Both companies that have left are oil SERVICING companies.
They have left presumably because they generate a lot more revenue in the south than in Kurdistan, and don't want to lose out in the south winding Baghdad up.
These two companies don't pump oil for profit.
IMO takeover of GKP is 99.999% certainty. Just when and how much...........

[1khufu] 27/6/2022 14:41

Can I ask the 'professional investors' among you to advise us, the less professional ones to comment on 1. possible takeover of GKP and 2. The ministry off will is telling oil companies to quit the KURDISTAN fields, AND Schlumberger US based Oil firm is doing that very thing. What are the chances for others?

[giant_canine] 27/6/2022 14:14

Problem is for us muppets we only find out about the first implementation agreement, when its all a done deal just needing rubber stamp vote often years after it all began.

.

There are often two agreements in the context of an amalgamation or merger. The main transaction agreement (the “Agreement and Plan of Merger/Amalgamation” (in the case of US transactions) or “Implementation Agreement” (in the case of English law transactions)), which will be subject to the law of the parties’ onshore counsel or the jurisdiction in which the company is listed or where the company conducts the majority of business, which sets out the terms and means of effecting the transaction and which will include comprehensive warranties, indemnities, conditions precedent, deal protection mechanisms (if any). In addition, a statutory merger or amalgamation agreement will also be used, which sets out that which is required to be approved by the shareholders under section 105 of the Companies Act.

[goatcam] 27/6/2022 13:40

so no proxy deal then Paul... another one of your predictions gone up in dust...

[thebabe] 27/6/2022 13:06

Revisit the last time they did open mkt OAPThey can't start buying in the public mkt without telling the mkt.A proxy under the special Res of 2019 might be another matter.Anyways, another day nearer

[pensioner2] 27/6/2022 12:57

Not sure about that, G_C. So long as they've fulfilled the conditions this is what the AGM voted for:

THAT the Company be generally and unconditionally authorised to make market purchases of its Common Shares in such manner as the Directors
shall from time to time determine, provided that:

[giant_canine] 27/6/2022 12:09

I doubt we will see that P2 - any in mkt buyback they would have to launch by RNS.
I still hope we may see some proxy deal - but the paying off bond makes me less positive.
Did find a few bob down the sofa Friday - and about 9.3 p ex div Thursday will be going back in as well - then another 18.6p 2 weeks after that - so extra I got low 250's net of divs was low 220's.

Takeover then great.
No takeover then they will probably pay another 50 P or more 2nd half.
What as they say is not too like?

[pensioner2] 27/6/2022 11:52

I hope all these sales are filling up that 21.6m buy order. :-)