Gulf Keystone Petroleum Share Discussion Threads

[nestoframpers] 07/8/2019 21:48

So GKP makes cash faster than it can spend it.

[stockport loser] 07/8/2019 21:45

Back to the 220 Buy signal, nice little trade to be had. Traders share.

[pensioner2] 07/8/2019 21:19

It's 1.5 months nest :) But, yes, HCL will free the log jam imo.

[nestoframpers] 07/8/2019 21:10

True OAP , £25 mill is just 2.5 months cash generation , that is why I think GKP will spend all of it , then if the HCL is done maybe the 1st offer will come in ?

[pensioner2] 07/8/2019 21:06

Those of us who own shares don't think it's a waste of funds, Muttley, and as they are coming from a cash machine on steroids which doesn't need to conserve any more cash, it's quite conservative too. We got an extra $18m only yesterday. You don't have to keep barking from the sidelines. You could buy some shares and join in the bonanza. Switching tack is often profitable and you've done it before, albeit in less fortunate circumstances. Come on in - don't be lonely. It's well-known that optimism is better for the soul (and body) than pessimism.

[bigdog5] 07/8/2019 20:52

The number is irrelevant its all a pointless waste of needed funds.

No takeaway. What could the issue be? No one wants heavy oil.

[pensioner2] 07/8/2019 20:49

More than twice B-U because of the currency gain and the lower number of shares in the free float due to the buyback. Which is why it was such a strange dividend declaration.

[bubblingup] 07/8/2019 20:44

When the maiden dividend dropped, did anyone notice if there was joy unconfined among any of the doomsters? When the next one drops, at twice the payout, surely joy will be at least a bit unconfined, even if it is mainly very confined?

[nestoframpers] 07/8/2019 20:00

I know that OAP , they said they'd spend £25 mill I am assuming that will be the case since it's a drop in the ocean why not.

[0ili0] 07/8/2019 19:51

I note the avatar "gerthebear" exists on LSE. Region 10 Jan 2014. No posts yet.

[0ili0] 07/8/2019 19:47

P2- yes. Misallocated their assets? Life's tough in the City when you're on the wrong side of a trade.

[0ili0] 07/8/2019 19:45

I note the avatar "Gertboy" was set up on LSE on 10 May 2018. No posts yet.

[pensioner2] 07/8/2019 19:45

You mean one of those guys with the cardboard boxes and long face?

[0ili0] 07/8/2019 19:27

I think Tess is ex Lehman's.

[0ili0] 07/8/2019 19:22

I think Gertjan was in the queue earlier. I suspect he had a bear wrap.

[pensioner2] 07/8/2019 19:22

Not a whole (hole) troll Oilio, just the choice bits for which tess is an ideal contributor.

[0ili0] 07/8/2019 19:17

Sauteed troll? Is that troLL or troii (capitalised i on here) - want to be sure I order the right thing. TroII bagel for me.

[tess_tickle] 07/8/2019 18:03

JUST OPENED A BOTTLE OF

CHATEAU OCTOBRE ROUGE

[urals] 07/8/2019 17:52

Nestoframpers they running at $ 330 k a day so far $1.65m/trading week.But in my view its stabilisation pre something else. They are now very close to having enough in treasury to satisfy the vesting of staff share options.that was the stated buyback objective. 2.8m so far, 2.835m required. After that?

[pensioner2] 07/8/2019 17:52

Nice to see you, testicle. You could have a starring role in the new menu at the Wharf.

[pensioner2] 07/8/2019 17:51

The time limit is 31/10, NOR, and the initial amount is $15m, after which they'll give the brokers new instructions.

[tess_tickle] 07/8/2019 17:50

TRUMP TRADE TARIFFS TORTURING THE YUAN

[nestoframpers] 07/8/2019 17:44

30 days to spend 6.4 mill = 213 k a day or 107 days to spend 25 mill . Some time in Nov then as long as there are sellers.

[urals] 07/8/2019 17:29

Recedes Tess FGS .Lol. they not reseeding the lawn.Very funny. If the buyer is Cnpc, clearly strong favourite, they hold the largest dollar reserves in world.$10-20bn my estimate of sale consideration is small change.I don't think Gazprom /Rosneft can be discounted as possible buyers.They have plenty of dollars too. Have to wait and see.

[tess_tickle] 07/8/2019 17:23

GKP SALE RECEDES AS YUAN DEVALUED