Gulf Keystone Petroleum Share Discussion Threads

[2wakeywakey] 13/7/2018 16:08

Bigdog again you claim there is hype supporting a rise in the share price.

I don't see anything in the current share price to reflect the near-term plan to 55k bopd. The current price hardly even reflects the current reserves, resources, cash balance and free cashflow generation, all of which are facts in the public domain, not hype.

You have also been supporting the view promoted by some on here that problems exist with the wells. This has again been clearly shown to be false in the official AGM report published today by GKP.

I see significant upside here if the stated plans are successfully brought to fruition, and with the current BoD lineup I have confidence that those plans will be efficiently and successfully executed, notwithstanding any future deterioration in the political or security situation.

[therealminotaur] 13/7/2018 16:03

That's because he's a lying con artist

Which his desperation for attention running across the blogs is demonstrating

Good fun

[bigdog5] 13/7/2018 15:53

Margic
13 Jul '18 - 13:48 - 568365 of 568374
0   6  0

"If by the end of 2019 the company has doubled production it's safe to presume they will be betting upwards of $30mil a month. Nearly half the current market cap".


That view proves you are absolutely clueless. The 55k a day as suggested by the company looks extremely optimistic. Just hype to get the share price up from where it should really be, 1.5p?

[therealminotaur] 13/7/2018 14:26

Industry average PE multiple 16

$3.2bn

£10 a share

Next year EBITDA MAY WELL BE OVER 300m

£15 a share

At 110k 2020 easily $500m EBITDA

£25 a share

You can see why IOC would be desperate too own this

[therealminotaur] 13/7/2018 14:21

So

EBITDA almost certainly to exceed $200m 2018

That's massive as cost to service debt just 10m


So what is Sami going to do with all this cash??

Along with another big lump incoming in arrears etc .....

Nice problem to have

Fill yer boots

[therealminotaur] 13/7/2018 14:10

Iv e met him twice there's a couple of hours I'll never get back...

He's a very fat thick manc narcissist

Who I continue to encourage to seek psychiatric help

Back to reality

Gkp

Is worth a fortune

[therealminotaur] 13/7/2018 13:50

Ps they don't need any of the cash in the bank....

Bond market would lend them whatever they want

[therealminotaur] 13/7/2018 13:50

Margic

And may and June and July receipts will be higher

The company can't last much longer independently

Either friendly or hostile

IOC would kill to own this

[margic] 13/7/2018 13:48

If by the end of 2019 the company has doubled production it's safe to presume they will be betting upwards of $30mil a month. Nearly half the current market cap.

[margic] 13/7/2018 13:46

X12 and there's 30% + of the current market cap in the bank. In 1 year.Raising on nothing at tall?

[margic] 13/7/2018 13:44

Did you miss the bit where they netted 18+mil for April?

[bigdog5] 13/7/2018 13:41

Any sign of the fakeminotaurs imminent takeouts, buybacks, dividends that he's been conning you all with for 4 years?

If anyone was currently interested in the company they would base their offers on 360m of heavy oil which has seen production fall due to issues at the wells. There's not much else they can get any value from. DNO walked away at under £1
possibly identifying the problems and how much progress will cost.

Why would the company buyback their shares when the share price is suitably high enough to get a placing away. With their cashflow Bonds is a decent option. What the company has to do is convert their funds into action which means wells and infrastructure. And sorting out the problems.

Why would the company issue dividends when the above is imperative. They also need to retain a very healthy balance at the bank to cover all the unknowns.

[therealminotaur] 13/7/2018 13:32

And like wakey wakey Eastern time across the pond CON 🐶 Lands

😂😂😂😂8514;

[bigdog5] 13/7/2018 13:21

I'm not at all bitter not being invested here. But I suspect many here will be.

[kiltless highlander] 13/7/2018 13:12

SP rocketing, you gotta be kidding johnbuy?

Time for a new handle, give us john - lie.


GKPhero13 Jul '18 - 12:47 - 568352 of 568355

SP rocketing.