Gulf Keystone Petroleum Share Discussion Threads

[margic] 15/6/2018 12:32

Extremely well controlled the share price here, but for how long before this goes a level or 5 up or a level down for a reload?

[therealminotaur] 15/6/2018 11:07

LOAD UP LIKE THE SERIOUS MONEY IS- ignore the clowns here.

UBS BUYS OVER 26,000,000 shares .....,an anonymous entity buys 23,000,000.....,,
IN THE PAST MONTH FUNDS HAVE ADDED 1,850,000

Fill yer boots 👢👢👢DON''T BE MUGGED BY THE CON ARTISTS HERE "WORKING" ALL GKP BLOGS.... battering sentiment of the only SELLERS IN TOWN - retail private investors !

BlackRock Smaller Companies Ord HOLD 3,235,022 ++++ 1,346,659

CF Miton UK Smaller Companies A NEW FUND +++++167,139

DFA International Small Company I HOLD 908,318. ++++101,576

DFA International Core Equity I HOLD 238,040 ++++84,897

CSIF III Wld ex CH SmCp Idx Ble Pnsn FAH NEW FUND ++++=42,300

DFA International Social Cor Eq Instl HOLD 39,332 ++++22,834

Dimensional Global Targeted Value SEKI. HOLD 111,007 ++++22,465

Dimensional UK Core Equity GBP Ac HOLD 47,364 +++== 20,878

LVIP Dimensional Intl Core Eq Svc NEW FUND ++++17,982

Dimensional UK Smlr Coms Acc HOLD 145,706 +++++16,584

Dimensional Europe Sm Comp D GB HOLD 35,662 +++=7,879

CSIF World ex CH Small Cap Index Ble FA NEW FUND ++++4,060GOOD MORNING 😎😎😎😎8526;

LOAD UP LIKE THE SERIOUS MONEY IS- ignore the clowns here.
Se

[therealminotaur] 15/6/2018 11:07

BIGDOG

GOOD MORNING


21,511 posts from the American "BS" "go figure" "New York eastern time hours"

CON DOG

HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

He's the biggest BUY SIGNAL FOR GKP EVER. FILL YER BOOTS

[bigdog5] 15/6/2018 10:56

Phillis, that's not the only thing he's rubbish at. Most have him filtered for posting the same made up BS 30 times a day. He's not been correct on anything ever.

More fantasy from nestofmassivelosses I note. Let's get some facts sorted. The reserves are 360m of heavy oil net to the company. They only produce from the Jurassic. They haven't drilled anywhere for 5 years. They don't drill the Cretaceous because its extremely thick and is known as the rovershyte zone.

There's not enough data on the Triassic to know whether it will flow sufficiently in order to produce from it. The plan was to mix oil from this zone with the heavy from the Jurassic to form a shaiCON blend. However, it now seems the Jurassic oil will blended with "others" better quality oil. Obviously that now casts massive doubts on their own alleged Triassic oil.

All attempts to drill the Permian have failed. The last one being S7 which ate the drill and cost almost $100m, so they won't be going back there.

Production has fallen from 40k a day to the company's predicted range of 28-32k for 2018. The evidence is that all is not great at the asset due to the need for several pumps and a new well to get back to 40k a day which doesn't look like being in 2018. They need a further 3/4 wells to reach 55k a day and that now looks unlikely before 2020.

The numbers used by the delusional from years ago are now extremely suspect. Baghdad state the PSC's are illegal and want Somo to control the Kurdish Oil. There is a very real chance the PSC(s) will be altered to service contracts or tweaked in other ways. One major ex BH's has dumped their shares almost certainly because there's been zero progress. There looks to be other problems due to no progress being achieved. Four licences down to 1. Four zones down to 1. Over £4 down to 1p.

Those are the facts.

[therealminotaur] 15/6/2018 09:04

A FEW THOUGHTS ON VALUATION Let's forget about the barrels for the moment 😂

They declared an annual profit FY 2017 $14m
Actually they made around $95m (they took a depreciation paper charge against all the oil infrastructure assets of about $80m 😎).....

They now have around $220m cash around $60min incoming receivables (an unsecured loan of $100m which costs less than$ 1m a month to service.) and with an oil price increase even if production drops off a few percent the upswing in Brent means they going to add cash every month $12-17m .

So doing nothing - regards increasing production.
They are huge cash generating machine. Estimated EBITDA 2018 $150-160m

So given the massive solidity of the balance sheet - negative debt - and a huge monthly free cash generation applying a multiple of 20 one comes up with a modest valuation of $ 3bn

That's about £ 9.60 per share on 229m in issue - IF they are buying in as Sami suggested optimising the capital structure .... then HIGHER STILL as equity concentrated.

HOLD - FILL YER 👢👢Just like we can clearly see all the big boys are doing !!!


PS shall we talk about the barrels 😆😆😆😆8176;💰ԁ76;💰🇨;🇳🇨🇳!????

Phallus 😇

[therealminotaur] 15/6/2018 09:03

$ 5-10bn the right territory IMO but obviously huge competition could push that higher

So £16-32 with 229m shares in issue is prudent

But if they reduce shares in issue by buying them in

Then higher

[kiltless highlander] 15/6/2018 08:49

Is it me or is everyone else bored to tears with garbage like nestoframpers has just posted, and the new avatar therealminotaur posts repeatedly 10-20 times a day? What an utter BORE this is now.

Time will show what this is worth - the 360 mlnbbls oil reserves (NOT nesto's FANTASY 6 blnbbls), if anything at all?

But at 2.2 pence, there is a long way to go to make it a success, but not far to make it worthless if one major decision goes against GKP!

That's me signing off for the summer, there is more to life than trying to reason with such Myopic, deluded, crooked posters as exist on here. With the caveat, I may need to post if the RAMPING trolls & obviously sick individuals get further out of hand.

New investors BEWARE, take a look back at 2011/2012 before parting with your cash in this pipedream of a company!

[nestoframpers] 15/6/2018 08:43

Basra oil is valued at $25 bill per 1 bill blls , be generous say Shaikan is $12 bill for 1 bill bll reserves , Shaikan IMO has 6 bill blls ( 4 bill for GKPs WI) that is $48 bill or $209 a share.Be generous to the buyer as it is Kalashnikov and camel land and give a 50% discount.

[nestoframpers] 15/6/2018 08:37

Oh dear Phillis is grumpy , didn't you sell and buy Genel ?

[phillis] 15/6/2018 08:31

remember Paul carroll the useless cricket Blue?

[therealminotaur] 15/6/2018 08:16

For a debt free

Net cash

Lowest lift costs in world

Could more than double production - And revenue for net less than $100m

Seems rather cautious to me ....


But be super super cautious use 10

£4.80

Shhhhhhsssshhhh don't talk about the barrels

------------------------/
A FEW THOUGHTS ON VALUATION Let's forget about the barrels for the moment 😂

They declared an annual profit FY 2017 $14m
Actually they made around $95m (they took a depreciation paper charge against all the oil infrastructure assets of about $80m 😎).....

They now have around $220m cash around $60min incoming receivables (an unsecured loan of $100m which costs less than$ 1m a month to service.) and with an oil price increase even if production drops off a few percent the upswing in Brent means they going to add cash every month $12-17m .

So doing nothing - regards increasing production.
They are huge cash generating machine. Estimated EBITDA 2018 $150-160m

So given the massive solidity of the balance sheet - negative debt - and a huge monthly free cash generation applying a multiple of 20 one comes up with a modest valuation of $ 3bn

That's about £ 9.60 per share on 229m in issue - IF they are buying in as Sami suggested optimising the capital structure .... then HIGHER STILL as equity concentrated.

HOLD - FILL YER 👢👢Just like we can clearly see all the big boys are doing !!!


PS shall we talk about the barrels 😆😆😆😆8176;💰ԁ76;💰🇨;🇳🇨🇳!????

[vanadiumx] 15/6/2018 08:13

Why a multiple of 20? Seems a bit rich.

[therealminotaur] 15/6/2018 08:10

A FEW THOUGHTS ON VALUATION Let's forget about the barrels for the moment 😂

They declared an annual profit FY 2017 $14m
Actually they made around $95m (they took a depreciation paper charge against all the oil infrastructure assets of about $80m 😎).....

They now have around $220m cash around $60min incoming receivables (an unsecured loan of $100m which costs less than$ 1m a month to service.) and with an oil price increase even if production drops off a few percent the upswing in Brent means they going to add cash every month $12-17m .

So doing nothing - regards increasing production.
They are huge cash generating machine. Estimated EBITDA 2018 $150-160m

So given the massive solidity of the balance sheet - negative debt - and a huge monthly free cash generation applying a multiple of 20 one comes up with a modest valuation of $ 3bn

That's about £ 9.60 per share on 229m in issue - IF they are buying in as Sami suggested optimising the capital structure .... then HIGHER STILL as equity concentrated.

HOLD - FILL YER 👢👢Just like we can clearly see all the big boys are doing !!!


PS shall we talk about the barrels 😆😆😆😆8176;💰ԁ76;💰🇨;🇳🇨🇳!????

[martym] 15/6/2018 07:59

Are we heading for higher highs today ? Tick tock

[therealminotaur] 15/6/2018 05:02

W21,511 posts from the American "BS" "go figure" "New York eastern time hours"

CON DOG

HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

He's the biggest BUY SIGNAL FOR GKP EVER. FILL YER BOOTS
All the best

[therealminotaur] 15/6/2018 05:00

21,511 posts from the American "BS" "go figure" "New York eastern time hours"

CON DOG

HIS NAMES BIGDOG - he's a con artist posting constantly to batter retail sentiment.

He's the biggest BUY SIGNAL FOR GKP EVER. FILL YER BOOTS

🐶

[therealminotaur] 15/6/2018 04:59

LOAD UP LIKE THE SERIOUS MONEY IS- ignore the clowns here.

UBS BUYS OVER 26,000,000 shares .....,an anonymous entity buys 23,000,000.....,,
IN THE PAST MONTH FUNDS HAVE ADDED 1,850,000

Fill yer boots 👢👢👢DON''T BE MUGGED BY THE CON ARTISTS HERE "WORKING" ALL GKP BLOGS.... battering sentiment of the only SELLERS IN TOWN - retail private investors !

BlackRock Smaller Companies Ord HOLD 3,235,022 ++++ 1,346,659

CF Miton UK Smaller Companies A NEW FUND +++++167,139

DFA International Small Company I HOLD 908,318. ++++101,576

DFA International Core Equity I HOLD 238,040 ++++84,897

CSIF III Wld ex CH SmCp Idx Ble Pnsn FAH NEW FUND ++++=42,300

DFA International Social Cor Eq Instl HOLD 39,332 ++++22,834

Dimensional Global Targeted Value SEKI. HOLD 111,007 ++++22,465

Dimensional UK Core Equity GBP Ac HOLD 47,364 +++== 20,878

LVIP Dimensional Intl Core Eq Svc NEW FUND ++++17,982

Dimensional UK Smlr Coms Acc HOLD 145,706 +++++16,584

Dimensional Europe Sm Comp D GB HOLD 35,662 +++=7,879

CSIF World ex CH Small Cap Index Ble FA NEW FUND ++++4,060GOOD MORNING 😎😎😎😎8526;

LOAD UP LIKE THE SERIOUS MONEY IS- ignore the clowns here.
See less

LOAD UP LIKE THE SERIOUS MONEY IS- ignore the clowns here.

UBS BUYS OVER 26,000,000 shares .....,an anonymous entity buys 23,000,000.....,,
IN THE PAST MONTH FUNDS HAVE ADDED 1,850,000

Fill yer boots 👢👢👢DON''T BE MUGGED BY THE CON ARTISTS HERE "WORKING" ALL GKP BLOGS.... battering sentiment of the only SELLERS IN TOWN - retail private investors !

BlackRock Smaller Companies Ord HOLD 3,235,022 ++++ 1,346,659

CF Miton UK Smaller Companies A NEW FUND +++++167,139

DFA International Small Company I HOLD 908,318. ++++101,576

DFA International Core Equity I HOLD 238,040 ++++84,897

CSIF III Wld ex CH SmCp Idx Ble Pnsn FAH NEW FUND ++++=42,300

DFA International Social Cor Eq Instl HOLD 39,332 ++++22,834

Dimensional Global Targeted Value SEKI. HOLD 111,007 ++++22,465

Dimensional UK Core Equity GBP Ac HOLD 47,364 +++== 20,878

LVIP Dimensional Intl Core Eq Svc NEW FUND ++++17,982

Dimensional UK Smlr Coms Acc HOLD 145,706 +++++16,584

Dimensional Europe Sm Comp D GB HOLD 35,662 +++=7,879

CSIF World ex CH Small Cap Index Ble FA NEW FUND ++++4,060GOOD MORNING 😎😎😎😎8526;

LOAD UP LIKE THE SERIOUS MONEY IS- ignore the clowns here.
See less

LOAD UP LIKE THE SERIOUS MONEY IS- ignore the clowns here.

UBS BUYS OVER 26,000,000 shares .....,an anonymous entity buys 23,000,000.....,,
IN THE PAST MONTH FUNDS HAVE ADDED 1,850,000

Fill yer boots 👢👢👢DON''T BE MUGGED BY THE CON ARTISTS HERE "WORKING" ALL GKP BLOGS.... battering sentiment of the only SELLERS IN TOWN - retail private investors !

BlackRock Smaller Companies Ord HOLD 3,235,022 ++++ 1,346,659

CF Miton UK Smaller Companies A NEW FUND +++++167,139

DFA International Small Company I HOLD 908,318. ++++101,576

DFA International Core Equity I HOLD 238,040 ++++84,897

CSIF III Wld ex CH SmCp Idx Ble Pnsn FAH NEW FUND ++++=42,300

DFA International Social Cor Eq Instl HOLD 39,332 ++++22,834

Dimensional Global Targeted Value SEKI. HOLD 111,007 ++++22,465

Dimensional UK Core Equity GBP Ac HOLD 47,364 +++== 20,878

LVIP Dimensional Intl Core Eq Svc NEW FUND ++++17,982

Dimensional UK Smlr Coms Acc HOLD 145,706 +++++16,584

Dimensional Europe Sm Comp D GB HOLD 35,662 +++=7,879

CSIF World ex CH Small Cap Index Ble FA NEW FUND ++++4,060GOOD MORNING 😎😎😎😎8526;

LOAD UP LIKE THE SERIOUS MONEY IS- ignore the clowns here.
See less

[bigdog5] 14/6/2018 23:56

OM63, agreed, he's a sad desperate BS merchant with the sole aim of misleading.

[oilman63] 14/6/2018 22:20

BigDog

If you think about how many times the fool posts under all his different names on here and the LSE and how much time he spends writing posts 😂😂😂

Brings a new meaning sad pathetic existence 😂😂😂

King of the world 🤡🤡🤡🤡9313;🤡ԍ13;🤡🤡;🤡🤡🤡🤡
29313;🤡313;🤡㊃3;

[bigdog5] 14/6/2018 21:52

I have therealminotaur on filter because we all know he's the multi avatar 1712, enormous chinese takeover, bang gone BS'er and probably accounts for over 50% of posters here.

ADVFN really ought to do something about posters using multi names because to the unsuspecting their BS gives a false impression. Do not fall for his BS.