Gulf Keystone Petroleum Share Discussion Threads

[worldquant] 17/5/2024 12:34

Sale is likely to be announced in May.Ffs lol

[gazebo79] 17/5/2024 12:33

Would we expect a significant rise before a bid if it were to happen or would there just be a tender offer?

[hydrocarbon1] 17/5/2024 12:31

WorldQuant - 17 May 2024 - 13:05:47 - 704578 of 704582 THE NEW GKP / Drilling for Super Giants (moderated) - GKP
Nest the reason a hostile bid may be coming is BECAUSE the BOD won’t recommend an indicative approach
That’s why it’s called hostile.
However there is no doubt a price that the BOD would recommend, and every share they buy down here ,and cancel helps add further value, plus encourages buyers to raise their offer,
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Now here is the clown that posted "Sale to be announced in May" 50 times a day. Now an expert on hostile bids. Giving NOR a lesson 😊

[hydrocarbon1] 17/5/2024 12:24

Exactly NOR

[ptmorris1] 17/5/2024 12:21

Do we still the Caribbean board member whose expertise is in defence against hostile takeovers? ...

[worldquant] 17/5/2024 12:09

125,905 @ 133.7

[worldquant] 17/5/2024 12:05

Nest the reason a hostile bid may be coming is BECAUSE the BOD won't recommend an indicative approach That's why it's called hostile.However there is no doubt a price that the BOD would recommend, and every share they buy down here ,and cancel helps add further value, plus encourages buyers to raise their offer,

[ozzmosiz] 17/5/2024 12:05

On the move

[nestoframpers] 17/5/2024 12:00

GKP will not be accepting a hostile bid when the politics are not sorted . 'They' might try it if they have enough votes . If they are close to that maybe the buy back is GKP defense ? Seem to recollect all these scenarios been aired long ago.

[hydrocarbon1] 17/5/2024 11:42

Bobgray5117 May '24 - 12:00 - 704570 of 704573
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They do not amount to same thing. If you believe sale imminent at huge price then buybacks far superior. Oh, if you believe hostile bid possible buy backs better

[worldquant] 17/5/2024 11:41

#gkp #gkptakeover
Appears likely the buyback is hostile takeover defence that ultimately drive sale price when a deal accepted
Not be surprised to see a bid as early as next week
Reason being some entity has been working the book for almost 2 yrs
That stopped 3 weeks ago
1/2

[worldquant] 17/5/2024 11:22

You need 2 desks working together to control the book.We have 2 house brokers...funnily enough...both market makers.

[steephill cove] 17/5/2024 11:19

IMHO:-The share buy back supports the GKP share price from a flash crash before the hostile bid goes in 💪

🚂🛢️🏁942;📈㈑6;💰💰💰💰💰💰8176;💰ԁ76;BN+

🕰️ 203;

[steephill cove] 17/5/2024 11:16

They will want to hostile bid BEFORE the ITP opens because after means that Iraq will have acknowledged & legitimised ALL Kurdistan IOCs ✅

The GKP share price will go through the roof on the ITP reopening 📈

Why would a hostile bid AFTER when it would cost them MORE? 🤷‍a94;️

[bobgray51] 17/5/2024 11:00

Buybacks and dividends amount to the same thing. They both return value to the shareholder. In buybacks this is by reducing the number of total shares in circulation, and therefore the denominator that the company is valued by. Further, if the company share price is undervalued (as GKP currently is) then buybacks make much more sense than a dividend payment. It's a very sensible move by management. When the share price goes up when the pipeline opens, the relative value returned to the shareholder through the buyback will be much greater than a 4p dividend.

[pittcock] 17/5/2024 10:55

A distinct possibility John.

[worldquant] 17/5/2024 10:46

You would expect a bid before formal announcement.....The buyback is a hostile takeover defence.Barbarians at the gate.

[johnbuysghost] 17/5/2024 10:31

IMO GKP have been told a hostle bid is being prepared for when the pipeline reopens.

So it looks like that will be pretty soon.

[worldquant] 17/5/2024 10:27

225,000 at 132.7Probably buyback

[worldquant] 17/5/2024 10:27

Its wakey wakey on the East Coast across the pond , and for the 30,300th time Yankee Doodle Condog posts AND ONLY EVER ON THIS STOCK ( barely credible - LOL ) the paid American sentiment basher clocks in for work.If CARLSBERG did BUY signals.FILL YER BOOTSTAKEOVER RNS INCOMINGTHIS MONTH.HTTPS://x.com/ChicagoJack5/status/1787790142574325840

[bigdog5] 17/5/2024 10:19

A decent observation WhyNow, which is obviously lost on the desperate investors here.

The company could and should imho have paid a divi which would have sent a much clearer message to the Market. Buybacks are always sold into.

Happy to help:-)

[redbed] 17/5/2024 09:56

225,000 at 132.7

[redbed] 17/5/2024 09:55

It's a hostile takeover we are watching...