Gulf Keystone Petroleum Share Discussion Threads

[polysale] 29/11/2016 18:03

All a bit late

Parliament's Finance Committee discussed the Iraqi Kurdistan Region's share of the general budget
By Roudao 6 hours ago

Roudao - Baghdad

discussed the Finance Committee in the Iraqi Council of Representatives, on Tuesday, November 29, 2016, the share of the share of the Kurdistan Region from the general budget for the 2017 law, amounting to 17% of the budget.

A member of the committee, the governor of Sarhan Slevana, network Roudao media: " We suggested adding the financial dues for oil companies operating in Kurdistan to the Iraqi expenses sovereign. "

he added MP Kurdish for the Kurdistan Democratic party:" We want to allocate part of the budget for the Peshmerga forces along the lines of the popular crowd, or specify the number of Peshmerga in the budget. "

he said he" will be exempt state - owned companies from importing goods taxes, and fees will be raised for investment. "

It is scheduled to vote on the federal budget for the 2017 law, the Iraqi Council of Representatives in its regular day next Thursday, 12.1.2016.

[sidesplitting] 29/11/2016 17:48

notout

Give us intermitty_filter function

[mr roper] 29/11/2016 17:47

Is Santa bringing the Sept payment this year?

[notout] 29/11/2016 17:31

The fraudsters that can't stop
Ever
😱😱😱😱8561;😎ԅ26;😎😎;

[roverite12] 29/11/2016 17:06

Oh .....I nearly forgot Stu .

He made money here as well .

Yes , really .....it must be true ...he said so .

[roverite12] 29/11/2016 17:04

This company only exists to provide for those that are able to trough. Aimho

---------------------------------

Well that obviously includes yourself , Bigdog .

After all , you keep telling us you made money here .

Unless , of course , .....you were lying .

Were you lying ?

[notout] 29/11/2016 16:57

I'm just having fun with the fraudstersc
Whilst waiting for
A rather large pay day😄😄;😄😄😄
👄👄👄👄8068;👄

[pocopicu] 29/11/2016 16:27

Not to worry 1712. You are not alone on this bb. There is always an old retired man on here who has nothing better to occupy the final days of his pathetic existence than to spend them trying to impress anonymous avatars on a pointless bb.

Very, very sad. But very, very, very funny :-)

[lardner23] 29/11/2016 15:19

I'm sure there's more mileage yet in this unvirtuous circle: borrow, d4e, consolidate.

[the ink man] 29/11/2016 15:08

How can GKP survive this mess when they don't even get paid for the oil they produce.

[shaftdrive1] 29/11/2016 15:02

And after researching the metrics,clarity,transparency,stability,discount rates surrounding GKP I am now giving our rating of.........

😄😆😭😂8534;😠ԅ65;😱😳;😞😩😪
YOUR 8 YEARS TOO LATE! 💤

your pot💰💣;💥📉🔨💩
0145;🚾=€657;➡🏥;

⬇⬇015;⬇🇱;🇴🇱🔜🔚as 🎠💩

You're not a financial expert or broker,soft lad,you're just a tool for us to play with..😭

[notout] 29/11/2016 14:50

Given uncertainty
I researched the application of forward discount rates
Applied by IOC/NOC
To oil projects
Recent wood Mckenzie survey
Suggested 10% in 90% of cases remains the norm

However it's also key to assess the state of any development operationally
And its production stats
And stability of output

Hence Shaikan currently well documented and very stable

So no more than 10% to be applied

However clarity is required re MNR and forward marketing / revenues

The company have signalled their effort in this area

And that's what is needed for transparency

So hopefully on or before the conference

Light will be shed

Given the discount to fair industry metrics currently

I rate the shares

A strong huge buy

And hold

Whilst we wait

Much love

All the best

💋💋💋💋8139;🚀Ԇ40;🚀🚀;🚀💲💲💲

[notout] 29/11/2016 14:49

One could also look to forward p/e valuations

In which case 2017 looks in the realms of $ 100m plus

On a p/e of 15

Let's say

$ 1.5bn

So on this basic metric too

Way north 👀👀👀👀

Of where we currently sit

Huge buy

But importantly hold

Much love

All the best

💋💋💋💋8139;💋Ԇ40;🚀🚀;🚀🚀🚀

Bang gone☃☃☃☃☃☃

Sold before Christmas
👌👌👌👌8076;👌Ԁ76;👌😊;😊😊😊😊
27538;🈲538;

[notout] 29/11/2016 14:49

So

Even on what many believe to be an over prudent

If not deliberately so

CPR

The NPV is almost 5 times ev


So what other drivers to shareholder value are there ????


Well exploration prospectivity is key?

And desirability / competivity of buyer interest.

I believe both are likely to be high.

Hence would a valuation north of $1.4bn ( NPV 10) be possible

I think so

IMO a $2-3bn price tag achievable in trade sale

Representing a 6-9 bagged from here

A lot more if any call option buyback exists on d4e

Hence

I rate the shares

A massive buy

And hold

Whilst we wait to find out

Much love

All the best

💋💋💋💋8139;🍾Ӿ70;🍾🍾;🍾🍾🚀🚀
28640;🚀€640;🚀

[bigdog5] 29/11/2016 14:46

"Recent wood Mckenzie survey
Suggested 10% in 90% of cases remains the norm"

Are GKP and Kurdistan the norm? Let's examine.

A company that mortgages its asset to senior BH's when there was absolutely no certainty the host Govt would pay up either for exports or back costs is handing it over to them on a plate. The BoD would have known that, there is no argument against those facts. The CFO should have resigned. Imo.

Then there's Sheik Adi debacle. Only months before there was to be a FDP submitted for it. Then months later its being handed back at cost. We can only speculate on the real truth of that issue. Then consider Mol and why they left Koruptistan. Then consider Xom and ask what are they doing.

A Govt that signs a PSC and then makes their own rules up as they go is not a country to be invested in. Imo.

1p is the result and after consolidation and the inevitable retrace it will be worse. This company only exists to provide for those that are able to trough. Aimho.

[notout] 29/11/2016 14:24

One could also look to forward p/e valuations

In which case 2017 looks in the realms of $ 100m plus

On a p/e of 15

Let's say

$ 1.5bn

So on this basic metric too

Way north 👀👀👀👀

Of where we currently sit

Huge buy

But importantly hold

Much love

All the best

💋💋💋💋8139;💋Ԇ40;🚀🚀;🚀🚀🚀

Bang gone☃☃☃☃☃☃

Sold before Christmas
👌👌👌👌8076;👌Ԁ76;👌😊;😊😊😊😊
27538;🈲538;

[notout] 29/11/2016 14:21

So

Even on what many believe to be an over prudent

If not deliberately so

CPR

The NPV is almost 5 times ev


So what other drivers to shareholder value are there ????


Well exploration prospectivity is key?

And desirability / competivity of buyer interest.

I believe both are likely to be high.

Hence would a valuation north of $1.4bn ( NPV 10) be possible

I think so

IMO a $2-3bn price tag achievable in trade sale

Representing a 6-9 bagged from here

A lot more if any call option buyback exists on d4e

Hence

I rate the shares

A massive buy

And hold

Whilst we wait to find out

Much love

All the best

💋💋💋💋8139;🍾Ӿ70;🍾🍾;🍾🍾🚀🚀
28640;🚀€640;🚀

[notout] 29/11/2016 14:15

Given uncertainty
I researched the application of forward discount rates
Applied by IOC/NOC
To oil projects
Recent wood Mckenzie survey
Suggested 10% in 90% of cases remains the norm

However it's also key to assess the state of any development operationally
And its production stats
And stability of output

Hence Shaikan currently well documented and very stable

So no more than 10% to be applied

However clarity is required re MNR and forward marketing / revenues

The company have signalled their effort in this area

And that's what is needed for transparency

So hopefully on or before the conference

Light will be shed

Given the discount to fair industry metrics currently

I rate the shares

A strong huge buy

And hold

Whilst we wait

Much love

All the best

💋💋💋💋8139;🚀Ԇ40;🚀🚀;🚀💲💲💲

[oilman63] 29/11/2016 14:07

Joseki

Have you noticed how the fool has to post 4 times immediately after us 😂😂😂

He thinks it matters.

PMSL.

[notout] 29/11/2016 14:07

So
As the board are keen to point out to investors
Their ev set on the company is 30% of average analyst opinion
And less than 20% of CPR NPV on 10% discount rate

So holders currently
Should be well in the money
When any significant transaction happens
Hence holding
Or buying and holding
A plan
Much love
All the best
💋💋💋💋8139;💋Ԇ40;🚀🚀;🚀🚀🚀

[bigdog5] 29/11/2016 14:04

1waving, re your post, so what is your conclusion and perhaps more importantly what can be done about it?

If there are inaccuracies in the reported information why haven't the BoD done anything about it?