Gulf Keystone Share Price (GKP)

Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Keystone Petroleum LSE:GKP London Ordinary Share BMG4209G2077 COM SHS USD1.00 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  +2.50p +0.88% 285.50p 750,106 16:35:06
Bid Price Offer Price High Price Low Price Open Price
284.00p 285.00p 287.00p 275.50p 287.00p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 127.62 10.41 4.56 61.5 655.0
Related Shares
Shell A (RDSA), BP (BP.), Spitfire Oil (SRO), Path Investmen. (PATH)

Gulf Keystone (GKP) Latest News

Gulf Keystone News

Date Time Source Headline
13/9/201810:03ALNCGulf Keystone Receives USD17.7 Million For Shaikan's June Production
13/9/201807:13ALNCFAlliance News Flash Headline
13/9/201807:00UKREGGulf Keystone Petroleum Ltd. Shaikan Payment Update
10/9/201810:06ALNCGulf Keystone Outlook Confident As Profit Multiplies In First-Half
10/9/201807:00UKREGGulf Keystone Petroleum Ltd. 2018 Half Year Results
30/8/201807:01UKREGTaconic Capital Advisors Block Trade Completion
29/8/201816:35UKREGTaconic Capital Advisors Block Sale of Shares
20/8/201809:03ALNCGulf Keystone Receives May Oil Sales Payment From Kurdistan Government
20/8/201807:00UKREGGulf Keystone Petroleum Ltd. Shaikan Payment Update
03/8/201807:01UKREGGulf Keystone Petroleum Ltd. Notice of Half Year Results
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Gulf Keystone (GKP) Discussions and Chat

Gulf Keystone Forums and Chat

Date Time Title Posts
23/9/201820:38THE NEW GKP / Drilling for Super Giants (moderated)572,481
15/9/201821:22Christopher Holden the Clitheroe Troll exposed again27
12/9/201823:32GKP takeover target179
10/9/201819:53GKP - On Balance - Moderated44,850
30/8/201808:45Bigdog5 is a Gullible Wanker Thread :o)9

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DateSubject
23/9/2018
09:20		Gulf Keystone Daily Update: Gulf Keystone Petroleum is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker GKP. The last closing price for Gulf Keystone was 283p.
Gulf Keystone Petroleum has a 4 week average price of 240p and a 12 week average price of 233p.
The 1 year high share price is 303.50p while the 1 year low share price is currently 86.25p.
There are currently 229,429,566 shares in issue and the average daily traded volume is 1,190,867 shares. The market capitalisation of Gulf Keystone Petroleum is £655,021,410.93.
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21/9/2018
09:25		therealminotaur: A program by which a company buys back its own shares from the marketplace, thereby reducing the number of outstanding shares. Often chosen when management believes shares are undervalued or as a defense against unwanted takeovers. In many cases a share repurchase will increase the share price of the remaining outstanding shares as a result of a higher earnings per share. In this case, this type of distribution effectively distributes cash to shareholders in the form of capital gains rather than dividends. Share repurchases may be accomplished via a tender offer, open-market repurchase or targeted share repurchase. A tender offer may be fixed price (company specifies the maximum number of shares it will purchase, the fixed price at which it will buy the shares, and the offer expiration date) or Dutch Auction (company specifies a range of prices at which it is willing to purchase shares and shareholders decide the price within the range they’ll accept, with the actual purchase price for all shares determined as the minimum price sufficient to buy the specified number of shares). In an open market repurchase, the firm seeks to ANONYMOUSLY buy shares periodically in the secondary market. In a targeted share repurchase, the company seeks to buy back the shares of a particular shareholder or group of shareholders. 🇨🇳🇺🇸 7464;🇳Ӻ82;🇸🇨;🇳
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21/9/2018
08:51		oil_investor: the real minotaur: at the start of 2012, GKP had a Market Capitalisation of £1.5 billion. The average Brent oil price during 2011 had been $111 per barrel. Whilst it has recently recovered into the $70 to $80 range, it had dropped to $36 a barrel in December 2015 and Goldman Sachs predicted that it could drop to as little as $20 a barrel. Against such a backdrop and with ISIS on the rampage, it was hardly surprising that the GKP share price fell. Now some people on here - who don’t even have any shares, so quite what they are doing here 24/7 is a real puzzle - keep going on about the current share price being one-hundredth of what it was. Now if that were true - and bearing in mind that the total number of shares in issue is now only one-quarter of what it was - the Market Capitalisation would surely be one four-hundredth of that it was? But it’s not. The Market Capitalisation moves around from day to day, as if of course it will. But this morning it is £650 million. So it’s a bit less than half the early-2012 level, but the oil price is still quite a lot lower. And if we look at what the Market Capitalisation woukd be at the new Peel Hunt target price of 356p, it would be some £880 million. Many, if not most, PIs always have great difficulty in doing calculations where there is a complex mix of Consolidation, Rights Issue, Open Offer and change in the equity base. It’s not simple. It deoends upon so many factors, including one’s attitude, ability to do costings, and level of participation in Rights Issue and Open Offer opportunities. And also upon buying in the open market or not following - and indeed, immediately prior to - such major events. My personal opinion is that someone’s boot was hard on the GKP brake until about five months ago. Then the braking pressure was reduced. I said this on here months ago. It makes no difference to me whether anyone agrees with me, or not. My “boot hypothesis” would explain why the ESPs were not installed earlier. For goodness sake, installing three ESPs with a workover rig? That’s nursery school stuff in terms of oilfield operations. But regardless of whose foot might have been inside the hypothetical boot, major change has taken place. The management team appears, to my eyes - for the first time in a long time - to be credible, even though Jon Ferrier is far less visible than I would personally expect from a CEO. And the Market Capitalisation figure shows that the company is seen by the institutions as being very valuable. If they thought otherwise, they wouldn’t have those holdings. GKP Chairman Jaap Huijskes and Mr Ferrier have said “We fully appreciate the continued support of all our stakeholders during what has been a very important period in the Company's history. Alongside our partner, MOL, and our hosts, the KRG and the MNR, we remain excited about the next 12 to 18 months, as we stand poised to realise Shaikan's full potential over the coming years”. I think that says it all.
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19/9/2018
20:09		therealminotaur: How much stock has Gulf bought in? O% 10% 20% 30% 40% 50%???? Well whatever number they won't be telling till they have finished as the stock would rocket - which defeats the object🚀 I reckon they have been buying and 20-40% IMO WHICH INCREASES the ALREADY AGREED TAKEOVER shareholder return by between 25-66% "optimise capital structure for the benefit of the company and shareholders" Says FINANCE DIRECTOR "Shammy" 😂 " What you doing with all the cash? " asked the ANALYST 😂 " I can't say " said Shammy " you can probably guess" he said.WE HAVE 😂It's why the headcases are here24/7 ....the shares are GOLDEN TICKETS - FILL YER BOOTS Monthly closing prices Feb 118. Mar 130 Apr 181 May 191 Jun 250. Jul 257 Aug 267 Sept now at 287 Gulf have been buying their own stock in via Peel/ bankers since March And still are doing...HOLD ... BUY AS MANY AS YOU CAN The retail mushrooms continue to sell - the big boys buy more and more and HOLD AND WAIT ......,...NOT too LONG NOW 😊 When a company repurchases its own shares, it reduces the number of shares held by the public. The reduction of the FLOAT ,or publicly traded shares, means that even if profits remain the same, the earnings per share increase. AND THE TAKEOVER VALUE PER SHARE INCREASES Repurchasing shares when a company's share price is undervalued benefits non-selling BIG BOY shareholders (frequently insiders) and extracts value from MUPPET RETAIL shareholders who sell. There is strong evidence that companies are able to profitably repurchase shares when the company is widely held by retail investors who are MUPPETS unsophisticated (e.g., small investors) and more likely to sell their shares to the company when those shares are MASSIVELY undervalued.[3] By contrast, when the company is held primarily by insiders and institutional investors, who are more sophisticated, it is harder for companies to profitably repurchase shares.[3] Companies can also more readily repurchase shares at a profit when the stock is liquidly traded and the companies' activity is less likely to move the share price.[3]
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19/9/2018
08:57		kiltless highlander: More perfect 'summing up' by Cyan over at Genel: cyan19 Sep '18 - 08:49 - 26456 of 26456 0 0 0 For new investors unaware of each company's history its all too easy to be misled as to relative performances. GKP's share price at 292p looks amazing in comparison to GENL at circa 225p. BUT , new investors may not be aware that since GKP were diluted to near oblivion in 2016 there has been a hundred to one CONSOLIDATION. So, in reality GKP's share price would be 2.92p today without the consolidation. 2.92p compared to 225p does not look so impressive now. Some will remember the ludicrous prices that GKp hit before their financial woes; they were multiple pounds and Pi's were very excited; until that bubble burst. Lessons learnt, for some.
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15/9/2018
16:57		oil_investor: Broadford Bay: but you’ve said that Jaap Huijskes, Jon Ferrier and their colleagues are not presenting a false “spun” picture in the RNS and three presentations this week. So you must surely agree with what they have put in the RNS and three presentations this week. What exactly are you trying to prove? And you think that Electric Submersible Pumps handle gas? And that liquid Hydrogen Sulphide - which boils at a temperature of minus 60 degrees Celsius - can be re-injected into the Shaikan reservoir? I wonder how you know who speaks to oil traders and who doesn’t - and why is it relevant in any case, because next month the PF-1 as well as the PF-2 production will go directly into the Atrush Feeder Pipeline, as stated by GKP? btw it was on Wednesday morning that you said the GKP share price was “toppy”. It subsequently went up.
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10/9/2018
22:40		nestoframpers: It's like Ground Hog day on here Woolies window.I have been looking in my files , here is a Smörgåsbord board ...................... willoicc 3 Jul'13 - 07:55 - 293471 of 293473 4 2 If they were not so really very annoying you would have to laugh at the comedians/bashers on here who continually blame Todd for the share price. They totally ignore the situation in Iraq which is still all up in the air. They say the City hate Todd but fail to mention that many funds cannot buy GKP because it is an AIM stock. The problem with the share price is that the City is waiting for the move to the main market so that they can buy. They are not going to sit and watch the share price rocket before they get their share. That is why they suppress the shares and unleash the bashers. They are just playing you people. People who do not understand that should not be allowed out. ------------------------------------------- paul4742 5 Jul'16 - 19:56 - 499634 of 499649 5 2 Well,well,welll..copied from a another BB. "The CPR figures have been known to myself since October of last year. I acquired this information while in Kurdistan. Why has it taken the company so long to communicate that information in to the public domain?" Good morning guys, Yesterday was somewhat of a bloodbath but not unexpected. In light of what's happened I'm going to try to put some meat on the bones. I'm not going to say that I know everything and certain things are off limits and there are also various levels of awareness here so I apologise if some feel I'm teaching them to suck eggs. With regards to SH6 and OWC. When SH6 was being drilled there was a massive water kick and I believe there was some gas involved as well which involved crew coming off site and different people going on to bring it under control. The oil encountered on 6 was of varying qualities. One particular zone gave out a very sweet crude and at the time it was thought that SH6 was the second best well on Shaikan. Only second to SH4. Now I think one of the posters in the SH6 thread has explained it quite well regarding a bad cement job. Just to point out, it's oil serve that do the cementing and I don't see anybody having a crack in that direction. Maybe do a bit of googling, It seems we get quite a few bad cement jobs throughout Kurdistan, more of a competence issue than a conspiracy theory. What beggars belief is the lack of communication between the company and it's shareholders. When they tested 6 and they had this water ingress in to the well, why didn't they communicate or update the market accordingly? Some of us knew exactly what was going on so we sit here thinking, why aren't they telling the market? It creates suspicion and mistrust and lack of confidence in the leadership. But that's another conversation along with the CPR. The CPR figures have been known to myself since October of last year. I acquired this information while in Kurdistan. Why has it taken the company so long to communicate that information in to the public domain? I'm going to pause for breath and let's see what questions get thrown up before we get in to the conversation of the CPR and the current board and why I think there is good upside in this company. All the best Tony ---------------------------------------- And,since we had 80% of SA but it's gone now we conveniently forget just how lucrative it might have been........................... Author Bah Bah Black Sheep View Profile Add to favourites Ignore Date posted 2009-11-09 11:27 Subject Re: Sheikh Adi ---> AND Sariyah View parent message Votes for this Posting Voted 88 times. Message Good questions from dbpurser, and good comments from ads_lon. I'd like to add, that we should not forget Sheikh Adi's silent (or so it seems) partner Sariyah. The Sheikh Adi BLOCK contains at least TWO major structures that were mapped as "Sheik Adi" and "Sariyah" by DNO prior to their forced relinquishment of this area: Sariyah is located to the north-east of the Sheikh Adi structure as shown on page 17 of DNO's 'Capital Markets Day' presentation in April 2008: HTTP://hugin.info/36/R/1206041/248007.pdf Sariyah is located to the north-east of the Sheikh Adi structure (shown in black) and within the red hexagonal boundary of the Sheik Adi BLOCK as shown on page 10 of GKP's September Investor presentation: HTTP://www.gulfkeystone.com/uploads/gkpinvestorpresentationsept2009ea-updated280909.pdf Sariyah is located to the north-east of the Sheikh Adi structure shown on page 1 of DGA's Report 1 and appears to be an even larger anticline than the 'Sheik Adhi' structure itself: HTTP://www.gulfkeystone.com/uploads/dgareport.pdf So what you may say, what is the relevance of Sariyah? Well, the Scope of Work in GKP's recent tender for seismic services: HTTP://www.gulfkeystone.com/uploads/exhibit-iseisgkpi-sh-sa-2009-001v1.pdf calls for either: 812Km2 to 463 Km2 3D survey over the Shaikan and Sheikh Adi Blocks or 535Km2 to 366 Km2 3D survey over the Shaikan Block and a 100Km 2D over the Sheikh Adi block It follows from the above that seismic for the Sheikh Adi block is either: 277Km2 to 97 Km2 3D survey or a 100Km 2D survey i.e. the MINIMUM seismic requirement for the Sheikh Adi BLOCK is around 100 Km2. GKP have already stated in their RNS of 20th July that the Sheikh Adi BLOCK "covers an area of 180 square kilometres" and that the Sheikh Adi STRUCTURE has a "mapped defined undrilled surface anticline covering approximately 32 square kilometres". It is self-evident that the planned Sheikh Adi BLOCK seismic surveys will cover both the Sheik Adi and the Sariyah structures. And the most relevant thing of all? Just an extension of ads_lons comment that "it looks very likely that the anticline structures of SA & S are linked". The POSSIBILITY that all three anticlines (Shaikan, Sheikh Adi & Sariyah) are contiguous at deeper levels. Now that POSSIBILITY would yield some rather large numbers of BBS for OIP... BBBS
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22/8/2018
09:46		welshki: i'd love to be in hotdogs trailer when he wakes up today to see the GKP share price, foaming at the mouth, shouting at the pitbull, letting off a few rounds from the pump action.....ooooooooooooh he's guna be so angry.......LOL oh and tess_tickle..........what a credit and value to this BB you are
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25/7/2018
23:47		margic: Yes it does make sense but not stuff I would rely on in terms of use. The price does show it can roll off, by that I mean off the highs at 273p, today was however another low test bar through 260p the share price once again did not like it under that price. Downside to today's low test as opposed to the last, is this gathered short momentum on the macD. But price action showed good strength again. Looking now to break the top of today's bar tomorrow then head towards and close towards the late 260's and that brings into play everything written in this chaps post. What he/she says with the tools they are using is correct/spot on. For me though, I now wanna see a nice green bar tomorrow, ideally not dipping to far under today's close and then look forward to the break of 273p end of this week early next which takes us to this persons target points I do 100% agree with 285-310p imo. If we get to there before the next payment, lovely. For me, key thing for anyone to notice on the technical view point what ever chart or tech tools you use or like, look at the monthly. Strong green bar, refusing to dip below last months high and serious space to move into. Whilst that momentum can turn short it's on the brink of bursting. Then go down to the weekly, down to the daily, and you'll see the picture starts to look favourable. Momentum is important but can also be deceiving. Whilst it's not singing on the daily chart, the monthly chart looks set to go through all highs, in terms of momentum. On the cusp as I write now. Once that happens, it's clear to see the price is significantly lagging behind. If we do drop below 255p it will be interesting to see where it stops and for how long. This technicals are far better suited as they stand are tailored to chasing the last monthly highs imo. It sounds a big move, but this is gkp, so assuming that's 450p roughly old or new whatever, when you consider the size of say the last 200 bars that's a major jump to make in reality, so logically that should only or can only really happen, even more so on aim on pretty major news. I'm not sure gkps plan to 55k is major news and to find a great funding source for that plan would be great great news definitely, but consider the share price doesn't really have much to stop it past that, you have to go back to way back when to find maybe 750-850p has a wall there, 500p could be a phycological stop point with breathers along the way. But for these moves to happen and they are certainly well available technically, you'd have to imagine that type of major news will sure blow those share price out of the water. So it's all aligning for me. Any major drop off now will quickly recover and the regular monthly payments will keep bumping the share price up towards this area. We have all seen aim stocks drop 60% in a flash to close 25-35% down for the day. Even if that were to happen, the share price will quickly be drawn back in the 225-260p range.None of the above will make sense to most normal people, I have a feeling you'll understand most of what I'm getting at! It's been a long day! Tomorrow could be the start of something great or the start of the first real pull back. I hope not because you'll have them all at you! Sometimes a share price needs to go down and see where the support is. Selling have been slightly ahead the last week or two imo, but there's 4 days left of this month, and if buyers move back into tomorrow we could be in for a great 2 weeks on this stock. A good end to the week would be over 273p imo, funny how that could be Friday. Gkp can react well on Monday mornings following Sunday rumours ;)Gl understanding this
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27/6/2018
08:17		oil_investor: fujairah: “kiltless highlsnder” says there were “red lights” between 2012 and 2016. But Chairman Simon Murray bought GKP shares in 2013, as did M&G/Capital Group nominated NED John Bell. And in that very year “The Minotaur” posted on iii a valuation of GKP of $10 billion. Did those three well-connected persons see the “red lights”? Or let us jump ahead a little to 2015. Less than three years ago, the following was posted. “Looks more like “green lights” rather than “red lights” to me... ........... Oilman63 - 11 Jul 2015 - 15:34:32 - 432252 of 567401 THE NEW GKP / Drilling for Super Giants (moderated) - GKP Here's a copy of the letter that the Mrs has just posted out to the action group. Although she's a little cheeky and uses some of my comments, I thought it would be fair for all to see.... Just one other point to make. Andrew Simon pretty much gave my Mrs his undivided attention before and after the AGM.... It must have been the dress that did it "It's a new dawn It's a new day.... and I'm feeling good! Hello Action Group, it's been awhile! Just giving you an update after I attended the GKP AGM in Paris on Thursday as I know few investors were able to attend. Have you ever woken up in the morning, pulled back the curtains, the sun is shining, the sky is blue and the smell in the air is sweet? That's how i'm going to describe my AGM experience, albeit the chirping birds might come along and softly coat me with something unpleasant - that's the GKP share price and while that is largely unpleasant right now I couldn't help but smile on Thursday as that day had been a long time coming! A couple of us were sat in the bar on Wednesday night when along came Phil Dimmock and Jon Ferrier. After awhile Jon and Phil came and sat with us. What a breath of fresh air! On first impressions Jon isn't far from being a model CEO. He has had many years dealing with Ashti and knows him very well. Knows the business inside out, was the person responsible for moving Maersk in to Kurdistan so knows the area well and delivered his Syrian project on time and on budget despite very difficult circumstances. I asked Jon if he had any other commitments and he stressed that Gulf Keystone Petroleum will be his only priority, his full time job and I believed he takes it very seriously and is willing to give it his full commitment. Jon intends to spend 1 week out of every month in Erbil to maintain his relationship in Kurdistan and to keep up to date and in touch with the business. Not a yacht or a blackberry to be seen! He expressed empathy for some of the positions shareholders found themselves in and without question plans to overhaul Investor Relations as well as to provide opportunities for shareholders to meet with Company Directors and Officials so that they can feel confident in the way the company is progressing and to feedback any concerns of their own that they may have. The over-arching message that came across was that this man has a conscience and as such recognises his responsibility to and has a respect for his shareholders. On the other hand that doesn't make him a push over by any stretch of the imagination. Both him and Sami are very focused, very clear, very switched-on and very driven. The Dynamic Duo. They both set out their very clear vision for the future, - explaining that every barrel of oil sold so far in 2015 has been paid for - that they continue to negotiate with the KRG regarding the outstanding money owed - that expansion plans can only be considered when arrears are paid (or a clear plan is in place showing how they will be paid) - that while the company is up for sale, they will not accept just any offer - ALL the staff that I spoke to at the AGM stressed that the asset is very good, our problems stem from a lack of payment - that they intend to wrap up sales negotiations soon so that serious interest can either make a realistic bid or if not, that the company can focus their energies directly back in to the company. - a board aligned with shareholders, holding stock of their own It was accepted that it would not be in the KRG's interest to see us fail, they too want to see Shaikan and GKP do well. From general chatter, I picked up that our peers do class Shaikan as World Class and I think it was announced on the Wednesday that Kurdistan were going ahead with selling their own oil. All in all, despite the bird poo (the share price) I couldn't help but feel optimistic and relieved that we have the makings of a team that are aligned with us, shareholders and I think / hope that this could be the start of something special! So a big THANK YOU to team SAG, The picture that was painted on Wednesday and Thursday was the vision I had hoped for when SAG started and although it's taken a long time - they do say the best things are worth waiting for! ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- After the AGM a few shareholders asked about SAG and whether they could join. Initially I said it was pretty much dormant now but on reflection I think it would be a good idea to resume. I don't think any sort of action will need to be taken now if Jon drives his team forward with the vision he has set out, but it would cause no harm for shareholders to get together with a united front and be ready to act should a need ever in the future arise. The Institutional Investors have increased their holdings recently, they have a greater say and are well organised (but also conscientious) The bondholders are organised - look how they negotiated the BER issue But yet, the retail investors, GKP's largest group of investors are haphazard. Instead of being motivated to influence any kind of positive change they vent their frustrations or make fun at each other over a bulletin board. Some private investors have invested considerable sums of money in to this stock, this is not a way to behave. If they were over charged £10 at a shop they would speak to the shop owner, and if they got nowhere, they'd write a letter - but they'd sort it out. Here people are sat on losses of tens, if not hundreds of thousands and the best they can do is vent at another shareholder or get annoyed. Time to refocus that energy in my opinion, get your energy, like your money well spent. GKP SAG have proved they can be effective, decisive and efficient (getting our resoluntion in in the short space of time we had with the challenges that we faced in getting the paperwork together was a massive acheivement by all involved. It proved dedication and commitment.) So rather than waste our energies, I have set up a new group for EVERYONE to join who wants to - gkpshareholdergroup.boards.net - I hope to see as many of you over there as possible. It's a new dawn for GKP Let's make a new dawn for GKP's shareholders. All views my own, memory the same. Please don't take any of the above as investment advice." ............... Oilman63 - 27 Aug 2015 - 09:24:39 - 441050 of 567403 THE NEW GKP / Drilling for Super Giants (moderated) - GKP Good morning It would seem that some here are hard to please. Last week and earlier this week it was doom and gloom and we were heading for the gap at 18p. Some also need reminding that in the last seven days the share price has been down to 20p, as I type this it's currently 30.50p. Just a minor little price rise. Some people said it was a bad idea to take on Nadhim, funny that the MNR's statement just happens to coincide with the release of our RNS this morning. Some also complained about Shaikhan crude not going in to the export market via the pipe and yet you've just been told that there is 20.000 barrels a day going in to that pipe. You've also been told that the other 20,000 barrels is making its way to market and we're being paid for it and people are quick to forget that last time the oil price dropped the MNR stopped us from selling in to the domestic market. Also people are quick to overlook the reduction in trucking costs. Some people complained about the CPR and there being no upgrade, and yet today Jon drops the significant bombshell of an upgrade being released by end of QTR 3. How many days is that away? And before that it's anticipated that we will get a payment from the KRG. All in all the outlook for the company according to some is bleak and Jon's new transparency policy mustn't be working but I think it's clear to see that some have the onset of selective blindness. Will the new CPR shock? I think it will. If we do not see a re-rate in the share price by the end of September I'll show my arris in Woolies window.
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25/6/2018
19:36		therealminotaur: 😂😂😂 BIGDOG IS A THICK YANK. Employed to batter sentiment 24/7 US eastern time😂㈳4;😂 He is constantly here closing in on 22,000 postings because Gulf equity is worth a fortune in a trade sale. THAT SALE IS IMMINENT.BUY AS MANY AS YOU CAN AS SOON AS YOU CAN ----SENTIMENT BASHERS ARE ACROSS ALL GKP FORUMS - they are A HUGE BUY SIGNAL!!! https://www.cnbc.com/video/2013/09/19/were-not-talking-to-anyone-gulf-k... 💵💵💵💵. In the annual report in April the FD flagged he would look to optimise the company’s capital structure . Clearly it’s distorted. Hugely net cash positive and every month the cash pile grows. Why do companies repurchase stocks?There are four strong arguments in favour of buybacks, The first point is that if a company is generating surplus cash, it can return it to shareholders and let them decide what to do with it. Secondly, buybacks can work for investors depending whether they prefer to be taxed on a capital gain (buyback) or dividend (income). The third ‘pro’ is that investors who choose to retain their shares during a buyback programme will have an enhanced stake in the company and thus be entitled to a bigger share of future dividends, assuming the payout is maintained. Fourthly, buybacks imply a management team feels a company’s shares are undervalued. Buyback announcements often act as a positive share price catalyst, as they are viewed as a vote of confidence in a company’s near and long-term trading prospects. This company has MASSIVE free cash INCOME !!! Nostrum Oil borrowed $400m at 7% earlier this year.$28m per annum to finance $400m SO JUST AN EXAMPLE OF WHAT THEY COULD DO: Gulf a far better lending covenant so lesser interest rate IMO! So why not borrow $600m at 6% raise $600m and BUYBACK HALF THE COMPANY AT SAY 115m shares @ £4 a share? Only cost them $36m a year from their $160 m EBITDA - next year that will be $200m … In my view expect the opposite of the massively dilutive d for e of July 2016 Expect an equity concentration of some form ( lots possible )that will send the stock 🚀🚀🚀🚀 8640; Then IMO expect a TAKEOVER as this pre sale concentration will maximise the owners profits.NOW RETAIL LONG SINCE DRIVEN OUT THE owners being 92% or so big banks/instis or whoever they holding stock for. https://www.cnbc.com/video/2013/09/19/were-not-talking-to-anyone-gulf-keystone-petroleum.html BIGDOG IS A THICK YANK. Employed to batter sentiment 24/7 US eastern time😂㈳4;😂 He is constantly here closing in on 22,000 postings because Gulf equity is worth a fortune in a trade sale. THAT SALE IS IMMINENT.BUY AS MANY AS YOU CAN AS SOON AS YOU CAN ----SENTIMENT BASHERS ARE ACROSS ALL GKP FORUMS - they are A HUGE BUY SIGNAL!!! https://www.cnbc.com/video/2013/09/19/were-not-talking-to-anyone-gulf-k... 😂😂😂 BIGDOG IS A THICK YANK. Employed to batter sentiment 24/7 US eastern time😂㈳4;😂 He is constantly here closing in on 22,000 postings because Gulf equity is worth a fortune in a trade sale. THAT SALE IS IMMINENT.BUY AS MANY AS YOU CAN AS SOON AS YOU CAN ----SENTIMENT BASHERS ARE ACROSS ALL GKP FORUMS - they are A HUGE BUY SIGNAL!!! https://www.cnbc.com/video/2013/09/19/were-not-talking-to-anyone-gulf-k... 💵💵💵💵. In the annual report in April the FD flagged he would look to optimise the company’s capital structure . Clearly it’s distorted. Hugely net cash positive and every month the cash pile grows. Why do companies repurchase stocks?There are four strong arguments in favour of buybacks, The first point is that if a company is generating surplus cash, it can return it to shareholders and let them decide what to do with it. Secondly, buybacks can work for investors depending whether they prefer to be taxed on a capital gain (buyback) or dividend (income). The third ‘pro’ is that investors who choose to retain their shares during a buyback programme will have an enhanced stake in the company and thus be entitled to a bigger share of future dividends, assuming the payout is maintained. Fourthly, buybacks imply a management team feels a company’s shares are undervalued. Buyback announcements often act as a positive share price catalyst, as they are viewed as a vote of confidence in a company’s near and long-term trading prospects. This company has MASSIVE free cash INCOME !!! Nostrum Oil borrowed $400m at 7% earlier this year.$28m per annum to finance $400m SO JUST AN EXAMPLE OF WHAT THEY COULD DO: Gulf a far better lending covenant so lesser interest rate IMO! So why not borrow $600m at 6% raise $600m and BUYBACK HALF THE COMPANY AT SAY 115m shares @ £4 a share? Only cost them $36m a year from their $160 m EBITDA - next year that will be $200m … In my view expect the opposite of the massively dilutive d for e of July 2016 Expect an equity concentration of some form ( lots possible )that will send the stock 🚀🚀🚀🚀 8640; Then IMO expect a TAKEOVER as this pre sale concentration will maximise the owners profits.NOW RETAIL LONG SINCE DRIVEN OUT THE owners being 92% or so big banks/instis or whoever they holding stock for. https://www.cnbc.com/video/2013/09/19/were-not-talking-to-anyone-gulf-keystone-petroleum.html BIGDOG IS A THICK YANK. Employed to batter sentiment 24/7 US eastern time😂㈳4;😂 He is constantly here closing in on 22,000 postings because Gulf equity is worth a fortune in a trade sale. THAT SALE IS IMMINENT.BUY AS MANY AS YOU CAN AS SOON AS YOU CAN ----SENTIMENT BASHERS ARE ACROSS ALL GKP FORUMS - they are A HUGE BUY SIGNAL!!! https://www.cnbc.com/video/2013/09/19/were-not-talking-to-anyone-gulf-k...
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