Gulf Keystone Petroleum Share Discussion Threads

[s0rayad] 29/12/2018 10:08

#576731
'A variety of tactics were used to try and circumvent the company's grip on the asset.
Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed debt holders , but leaving equity and convertible bond holders with nothing.'


=> we all know who the criminal behind the board changes were: M&G, Capital and their mouth pieces on the bulletin boards (oilman63, Bigdog, broadfordbay and their multiple avatars foot soldiers) all under the guise of 'Good Corporate Governance'

[habshan] 29/12/2018 10:05

A useful post courtesy of surreyscot on LSE.

Despair is what the trolls want you to feel . Thats why they post continually 24/7. Its a known fact that if you post fake news often and long enough people accept it as true.

Its also wrong to assume that you need to drill more wells to assess the size of something like Shaikan. you dont . Rather you model it with a range of probabilities. i.e P50 = 50% of being correct. P90/P10 etc. The better the input the more reliable the output. I used to do this as a living.

Its even more mistaken to assume the share price has ever reflected the value of GKP . It hasnt , and , as you state , you will never see the true value until it is sold.

Finally , yes its frustrating , but it cant go on for ever. The truth will come out. It always does , and the ones who benefit are those who understand whats going on and are patient.

IMO

[asherspoodles] 29/12/2018 08:34

hxxps://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14

[obesepaddington] 29/12/2018 08:18

Good morninghttps://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14LseTrevanianPosts: 1Opinion: Strong BuyPrice: 174.00What actually has happened to GKPToday 10:39Gulf found a huge land based resource. Argue amongst yourselves quite how big , no matter its massive.A variety of tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed debt holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hang on) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and he company will announce sale soon.We may see the PSC etc before but I rather doubt that as the MNR probably do not want these details in the public domain.So I anticipate a sale announcement as the PSC negotiations obviously long finished or the company would not , indeed could not have submitted a new FDP that their partner MOL refer in NOv presentation,without PSC term certainty.The who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.xxx

[gkphero] 28/12/2018 22:15

I hold GKP for a maximum of £150 per share, but it's a secret.

[john_st] 28/12/2018 21:50

Pretty much new to this share - just been here for the past few weeks. Trying to understand the numbers. Current share price is £1.79 per share and predictions are around £15-£20 per share for takeover? Have I misread something here?

[roverite12] 28/12/2018 21:27

Yes ....of course ...


...it was the Dog5hite !


Chinese takeaway it is then ....

[roverite12] 28/12/2018 21:26

Interesting posts below on Chinese interest from....

....The Dog5hite .......or 1712 Not Out ?







"Sinopec know they have the biggest wallet, China needs guarantee of supply, they have the know how to get the oil out and transported with all the infrastructure requirements."



"Or are you working the same way as many here and completely ignoring what the going rate is, that the oil is in one country, its the biggest find for decades and there is every probability that as soon as a bid is in the open the chinese will top it and hopefully force up the opening bid."



"....the chinese who appear to have no limit to what they will bid."




"Whichever way one cuts the cake, either using $5 a barrel reserves or the $1.5 resources/OIP we get a value around the £19-£20 a share mark. So to me and for even a quick low takeaway we have to be looking at least £15 a share with upside should the Chinese (or even now the Koreans) come for the whole shop."

[obesepaddington] 28/12/2018 18:55

https://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14LseTrevanianPosts: 1Opinion: Strong BuyPrice: 174.00What actually has happened to GKPToday 10:39Gulf found a huge land based resource. Argue amongst yourselves quite how big , no matter its massive.A variety of tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed debt holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hang on) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and he company will announce sale soon.We may see the PSC etc before but I rather doubt that as the MNR probably do not want these details in the public domain.So I anticipate a sale announcement as the PSC negotiations obviously long finished or the company would not , indeed could not have submitted a new FDP that their partner MOL refer in NOv presentation,without PSC term certainty.The who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.xxx

[obesepaddington] 28/12/2018 18:50

XAny other shareholders want to put forward their Takeover price estimate?Gkp已被中石化æ"¶è´­â?²ï¸?🌋hxxps://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14ðŸ¤-LseTrevanianPosts: 1Opinion: Strong BuyPrice: 174.00What actually has happened to GKPToday 10:39Gulf found a huge land based resource. Argue amongst yourselves quite how big , no matter its massive.A variety of tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed debt holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hang on) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and he company will announce sale soon.We may see the PSC etc before but I rather doubt that as the MNR probably do not want these details in the public domain.So I anticipate a sale announcement as the PSC negotiations obviously long finished or the company would not , indeed could not have submitted a new FDP that their partner MOL refer in NOv presentation,without PSC term certainty.The who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.xxx

[bigdog5] 28/12/2018 18:50

ObesePaddington
28 Dec '18 - 13:41 - 576695 of 576722
0   4  0



Any other shareholders want to put forward their
Takeover price estimate?

"Couldn't agree more British dog"


How strange that the post by Britishdog plus a further 2 have disappeared:-)

[obesepaddington] 28/12/2018 18:47

XxxAny other shareholders want to put forward their Takeover price estimate?Gkp已被中石化æ"¶è´­â?²ï¸?🌋hxxps://ekurd.net/china-gulf-keystone-kurdistan-2018-12-14ðŸ¤-LseTrevanianPosts: 1Opinion: Strong BuyPrice: 174.00What actually has happened to GKPToday 10:39Gulf found a huge land based resource. Argue amongst yourselves quite how big , no matter its massive.A variety of tactics were used to try and circumvent the company's grip on the asset.Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed debt holders , but leaving equity and convertible bond holders with nothing.The balance sheet restructure was the only way the company could survive.It had two main functions:1. Destroy the hostile holding to prevent Shaikan being stolen.2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hang on) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.Those processes are complete ( see CNPC subsidiary studies ) and he company will announce sale soon.We may see the PSC etc before but I rather doubt that as the MNR probably do not want these details in the public domain.So I anticipate a sale announcement as the PSC negotiations obviously long finished or the company would not , indeed could not have submitted a new FDP that their partner MOL refer in NOv presentation,without PSC term certainty.The who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.Chinese government agents all.How much? Order of magnitude north of the market share price for sure.xxx

[asherspoodles] 28/12/2018 18:18

This looks interesting

Lse
Trevanian
Posts: 1
Opinion: Strong Buy
Price: 174.00
What actually has happened to GKPToday 10:39Gulf found a huge land based resource. Argue amongst yourselves quite how big , no matter its massive.
A variety of tactics were used to try and circumvent the company's grip on the asset.
Directors musical chairs , share manipulation , false court claim, and ultimately the company was completely doomed as a hostile acquirer had gained almost enough stock to vote out the board, and vote through an asset sale of Shaikan to themselves,paying off guaranteed debt holders , but leaving equity and convertible bond holders with nothing.
The balance sheet restructure was the only way the company could survive.It had two main functions:
1. Destroy the hostile holding to prevent Shaikan being stolen.
2. Protect the company ( that meant putting over 50% of the shares into hands that were going to hang on) whilst a true auction of the asset , and sale diligence studies , and contracts were completed.
Those processes are complete ( see CNPC subsidiary studies ) and he company will announce sale soon.
We may see the PSC etc before but I rather doubt that as the MNR probably do not want these details in the public domain.
So I anticipate a sale announcement as the PSC negotiations obviously long finished or the company would not , indeed could not have submitted a new FDP that their partner MOL refer in NOv presentation,without PSC term certainty.
The who the buyer is looks clear to be CNPC/CNOC/Sinopes one or all.
Chinese government agents all.
How much? Order of magnitude north of the market share price for sure.xx

[therectifier1] 28/12/2018 18:12

I see your new Trev avatar has been removed from LSE Paul 😃

I also see you using your other avatars to put the posts back up and talk to yourself.

[mdw1] 28/12/2018 16:48

Closed at the high of the day.

[obesepaddington] 28/12/2018 15:40

Be interesting to see how this goes into close today

[lifeson] 28/12/2018 15:39

Was sick on the Star Ferry more than once!

:)

[obesepaddington] 28/12/2018 15:36

I had a good day at KCC

[obesepaddington] 28/12/2018 15:36

Could Indeed.Well another day nearer finding out!Who preciselyAnd how much

[lifeson] 28/12/2018 15:35

Yes Kowloon was an experience, was there when still under British rule.

[lifeson] 28/12/2018 15:33

Could be a combination of CNPC/PetroChina and CNOOC and Sinopec as all are Chinese state owned.

Both CNOOC and CNPC named on recent Shaikan field studies.

[asherspoodles] 28/12/2018 15:29

Nice spot Kowloon I thought