Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 05/4/2020 21:56

Oil price to tank?

[mcfly02] 05/4/2020 20:33

hxxps://www.nytimes.com/2020/04/04/business/coronavirus-opec-russia-oil.html

A meeting planned for Monday between officials of the Organization of the Petroleum Exporting Countries, Russia and other oil producers, which had buoyed hopes for a deal to end the turmoil in energy markets, has been put off, according to two OPEC delegates.

The news comes as lingering tensions have surfaced once again between Saudi Arabia, OPEC’s de facto leader, and Russia over who is to blame for the recent collapse in oil prices. On Friday, Russian President Vladimir V. Putin partly blamed Saudi Arabia for the price drop. The Saudis responded with angry statements from their ministers of foreign affairs and energy blaming Russia.

News of the meeting’s delay may roil the markets when trading resumes on Monday. The meeting, which was never officially announced but was widely reported on Friday, added to hopes that OPEC and Russia would agree on production trims.

On Thursday, President Trump said he believed that Russia and the Saudis were near a deal to cut production, prompting a surge of nearly 40 percent in oil prices, to about $34 a barrel for Brent crude, the international benchmark.
The OPEC delegates indicated that further talks would be required before moving ahead with a meeting, which has now been rescheduled for Thursday. Saudi Arabia had called for the meeting last Thursday, responding to pressure from President Trump.

In early March, Russia declined to go along with a Saudi-led OPEC proposal to further trim production to deal with the plummeting demand for oil because of the coronavirus epidemic, leading the Saudis to walk away from a three-year agreement with Moscow on production trims. Recently, the Saudis have been increasing production and offering steep discounts to their customers.

On Friday, Mr. Putin said that these Saudi actions were one “reason behind the collapse of prices.” The Saudi foreign minister, Prince Faisal bin Farhan al Saud, responded in a statement carried by the official Saudi Press Agency that Mr. Putin’s comments were “fully devoid of truth” and that “Russia was the one that refused the agreement.”

Mr. Putin did indicate that he was willing to have Russia participate in the now-delayed meeting.

The Saudis want Russia and other producers to absorb some of the burden of new production trims. They are also hopeful that American oil producers will somehow share in output reductions.

Analysts estimate that because of the fallout from the coronavirus pandemic, demand for oil is likely to fall by as much as 25 million barrels a day, or about a quarter of consumption in normal times, meaning that if oil producers don’t reach agreement on output curbs, involuntary shutdowns are likely to occur as refineries and other customers slash their purchases of crude and storage tanks fill up.

[chinese_takeaway] 05/4/2020 20:24

Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .

[chinese_takeaway] 05/4/2020 20:23

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbsl

[chinese_takeaway] 05/4/2020 20:23

3 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,57,3 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,57,

[chinese_takeaway] 05/4/2020 20:23

- The strategy of gradual encroachment is a Chinese classic, of course, currently being employed very notably where possible across the Asia-Pacific region as well as the Middle East.The modus operandi is: offer lots of money to cash-strapped countries (which most emerging economies are) that are tied in to future project developments, then leverage this into the building out of on-the-ground infrastructural projects (that have employment and revenue benefits for the host countries as well), and then turn the screw by inveigling the host countries to give China extremely preferential terms on something it wants (in the Middle East it is oil and gas and land transit routes, and in Asia Pacific it is other natural resources and international port usage.Although in the Middle East, China is still partly trying to cover its intentions by using non-headline companies on ‘contractor-only’ specific work projects â€" just like CPECC â€" it does not take much digging to find the real interest.(OB)

[mcfly02] 05/4/2020 19:57

Twitter,

As a reminder, the OPEC+ meeting originally set for Monday is delayed to Thursday (April 9). And in a new development, oil diplomats are trying to stitch together a meeting of G20 energy ministers for Friday (April 10). Neither is yet officially confirmed |

[grafter] 05/4/2020 18:45

- The strategy of gradual encroachment is a Chinese classic, of course, currently being employed very notably where possible across the Asia-Pacific region as well as the Middle East.

The modus operandi is: offer lots of money to cash-strapped countries (which most emerging economies are) that are tied in to future project developments, then leverage this into the building out of on-the-ground infrastructural projects (that have employment and revenue benefits for the host countries as well), and then turn the screw by inveigling the host countries to give China extremely preferential terms on something it wants (in the Middle East it is oil and gas and land transit routes, and in Asia Pacific it is other natural resources and international port usage.

Although in the Middle East, China is still partly trying to cover its intentions by using non-headline companies on ‘contractor-only’ specific work projects – just like CPECC – it does not take much digging to find the real interest.

(OB)

[nestoframpers] 05/4/2020 18:00

OT , Brummies and Scoucers burn 5G masts and the MSM saying 5G nothing to do with CV19 , not so sure

[urals] 05/4/2020 17:21

Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .

[urals] 05/4/2020 17:21

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbsl

[urals] 05/4/2020 17:21

3 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,57,3 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,57,

[chinese_takeaway] 05/4/2020 16:45

Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .

[chinese_takeaway] 05/4/2020 16:45

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbsl

[chinese_takeaway] 05/4/2020 16:44

3 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,57,3 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,57,

[bigdog5] 05/4/2020 16:36

The oil price ought to plummet on Monday as there needs to be 15m barrels a day taken off the market but there's no way the Saudis/Russians are going to achieve that. By the end of April there will be no more storage available and that's why the "industry experts" are talking about oil at $10.

Then there's the massive Recession to ponder and what that will do to China especially when the world realises (like some are waking to like the UK, Australia and USA) who caused the current problems and how it will affect trade with them going forward.

There is talk that the Oil market and demand will never be the same.

The beginning of the end of fossil fuels is widely being spoken about.

[urals] 05/4/2020 15:02

Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .

[urals] 05/4/2020 15:01

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbsl

[urals] 05/4/2020 15:01

3 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,57,3 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,573 April mugged 200,000 buy @71.59 REPORTED 17:30As TAKEOVER announcement nears, AFTER HRS BUYS (made up from dozens of retail sells, (which is why the blogs have 24/7 sentiment battering to encourage weak private investors to sell UP during normal trading hrs) ) 2 April 20:30:49 1,117,464 @ 71,57,

[0ili0] 05/4/2020 14:57

Cutts...!LOL

[mcfly02] 05/4/2020 14:48

SlurryScot 🤡

Probably the same as all the other people you send emails to NOTHING 😂

Why don't you post up that legal warning from Gulf you supposedly have or the reply from the FCA 😂

[highlander7] 05/4/2020 14:35

I wonder what WZR BOD will think when they get a copy of "macs" post re "insider dealing"

LOL

[chinese_takeaway] 05/4/2020 14:32

Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .Oilio$160m at cash in bank $80-90m outstanding INCREASING by about $ 0.60m per day at current 38k and POO.Set fair to comfortably declare the guaranteed $25m div no sweat. That's over 14% yield at 70p But the co is obviously 99% certainly sold , so it's a huge capital gain ,At least 20 fold .

[chinese_takeaway] 05/4/2020 14:32

https://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbslhttps://t.co/cd69rAFs8lPEEL HUNT BROKERS ANALYSIS :BUY : TARGET 287PThe business is currently having to withstand a volley of unforeseen negative developments, the combination of which has caused the share price to fall -60% in the past month. However, GKP's financial discipline in recent years has ensured the business today is in good health and is therefore in a strong position to weather this period of increased volatility. Having now moved to update our asset model to factor in new production expectations and Shaikan capex phasing over the coming years, our DCF analysis still shows considerable upside to the share price. Our Core NAV for GKP now sits at £622m, equivalent to 287p/share (from 345p). This is where we also choose to set our target price and therefore maintain our BUY RECOMMENDATION . https://t.co/fMaubyPbsl