Gulf Keystone Petroleum Share Discussion Threads

[therectifier1] 06/1/2019 16:03

I consider Broadford one of the most factual posters on here followed by BigDog.

[optimalcapitalstructure] 06/1/2019 16:01

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

[wisky55] 06/1/2019 15:52

Blimey av u the rectifier and broadfraud fallen out? Broadfraud suggesting a dividend and you saying the need to raise cash? You couldnt make it up! as for lapdog well enough said, he clearly hasn't got a clue on forward cash growth!! But what we really need is a full update from gulf asap.

[pensioner2] 06/1/2019 15:36

It doesn't look as if the Yanks are going ahead with a full Syria pull-out unless they can guarantee to keep faith with their Kurdish allies. All good for stability in the region.

[therectifier1] 06/1/2019 14:40

I think some here think they are invested in Vodaphone in London.

I personally think that Gulf will raise cash around the 75k area.

[bigdog5] 06/1/2019 14:00

I see that there are posters telling lies again about my posting history. Their desperation here knows no bounds. Broadford is correct about this bb.

Broadford, paying a divi although not impossible looks unlikely imo when the numbers are considered. Allow for the debt cover of $100m, plus an absolute requirement to retain a healthy bank balance of at least $75m.

Then there's the FDP if and when it arrives. If the plans for 110k a day are part of the FDP the company need to show they can achieve it without "new money" (inevitably from the Insti's). POO is an unknown and heavy oil will lose much value after 2019. So a recent assumption from a multi nicknamed poster regarding income can be dismissed as fantasy.

As we've seen with other producers in Koruptistan the MNR have done deals whereby their debts were wiped out for "extra" percentages of licences and different terms. The MNR need to get rid of their debts as Baghdad not liable for them. That means the company need a ton of cash and decent on going revenue. JF said they can get to 55k by self funding. Maybe, however getting to 110k is totally different. If the MNR want oil faster GKP need to farm out. Unless the MNR are happy for JF's "boring oil company" to plod along for absolute years. Imo.

[nestoframpers] 06/1/2019 11:00

Chart looks like the start of a Rectangle pattern.

The Rectangle: Supply and Demand in Balance
A price chart or graph may be thought of as an X-ray of supply and demand. Figure 1 describes a rectangle pattern where supply and demand are in approximate balance for an extended period of time. The shares move in a narrow range, hitting resistance at the rectangle's top and finding support at its bottom. The rectangle can occur over a protracted period of time or form quickly amid a relatively wide-ranging series of bounded fluctuations. Schabaker notes that it can approach a square in its proportions. In any case, it is a pattern which shows trader indecision, one in which the bulls and bears are approximately equally powerful. (For a refresher on supply and demand, read Economics Basics: Demand And Supply.)

[nestoframpers] 06/1/2019 10:56

Reading in between the lines it sounds like the trolls think there is a TO coming.Sounding desperate.

[asherspoodles] 06/1/2019 10:23

How many have they bought in?I think citigroup were likely on the buy side of the taconic sales (about 13.5%)Plus vidacos already had 8.21%So at least 21.7%By now perhaps 35%When the market value of a company’s shares is demonstrably below the intrinsic valuethe most value accretive action a company can take is to use excess superfluous cash to buy them in to retireThat's what they have been doing via proxyHence no newsSuppress marketmore can be bought in cheap the betterDirectors effectively complicit in maintaining a false suppressed market by delaying positive news announcementsShare Repurchase. A program by which a company buys back its own shares from the marketplace, thereby reducing the number of outstanding shares. ... In an open market repurchase, the firm seeks to ANONYMOUSLY buy shares periodically in the secondary market.Gulf have used a proxy to buy in their own stock through 2018.The HUGE excess cash mountain has collateralised this processThey will retire this stock, concentrating the value of REMAINING SHAREHOLDERS....

[asherspoodles] 06/1/2019 10:22

How many have they bought in?I think citigroup were on the buy side of the taconic sales Plus vidacos already had 8.21%So at least 25%By now perhaps 35-40%When the market value of a company’s shares is demonstrably below the intrinsic valuethe most value accretive action a company can take is to use excess superfluous cash to buy them in to retireThat's what they have been doing via proxyHence no newsSuppress marketmore can be bought in cheap the betterDirectors effectively complicit in maintaining a false suppressed market by delaying positive news announcementsShare Repurchase. A program by which a company buys back its own shares from the marketplace, thereby reducing the number of outstanding shares. ... In an open market repurchase, the firm seeks to ANONYMOUSLY buy shares periodically in the secondary market.Gulf have used a proxy to buy in their own stock through 2018.The HUGE excess cash mountain has collateralised this processThey will retire this stock, concentrating the value of REMAINING SHAREHOLDERS....

[stockport loser] 06/1/2019 09:54

So you are stating as fact that the BOD are acting illegally?Let's send a copy over to gkp legal with your full Bradford address shall we?

[optimalcapitalstructure] 06/1/2019 09:17

When the market value of a company’s shares is demonstrably below the intrinsic value
the most value accretive action a company can take is to use excess superfluous cash to buy them in to retire





That's what they have been doing via proxy

Hence no news

Suppress market

more can be bought in cheap the better

Directors effectively complicit in maintaining a false suppressed market by delaying positive news announcements



Share Repurchase. A program by which a company buys back its own shares from the marketplace, thereby reducing the number of outstanding shares. ... In an open market repurchase, the firm seeks to ANONYMOUSLY buy shares periodically in the secondary market.

Gulf have used a proxy to buy in their own stock through 2018.
The HUGE excess cash mountain has collateralised this process
They will retire this stock, concentrating the value of REMAINING SHAREHOLDERS....

[bravedog] 06/1/2019 09:14

@Broadford Bay
You have a deep knowledge about engineering, pipes etc...
But no knowledge about finances.
How can you post something so ridicoulus suggesting the cie pays a dividend of 0.1£ per share?

They would be better of buying back shares! Creates more value for the shareholders.

Read Warren Buffet.