Gulf Keystone Petroleum Share Discussion Threads

[urals] 14/4/2020 13:12

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/fMaubyPbsl

[bigdog5] 14/4/2020 13:11

I hope you guys are following the rampers bb because its classic.

[bigdog5] 14/4/2020 13:08

"What on earth's the matter with you China, it's called discussion and debate and that's what these boards are for. I thought better of you".

LOFL, this stuff is hilarious.

More fool you then hab SCAM because Paul has been giving you and all your delusional mates the "run-around" for years with his completely wrong views.

Just consider how long he's been pumping out just a few of his BS :-

PW are working for the company,
The restructure was to prevent a hostile takeover,
Implementation agreement signed last May,
Agreed sale been predicted for years,
Sami leaving and won't be replaced, then he was, so new BS required, which lead to
New CFO unqualified and working for a Chinese company and hasn't got options,
JF doesn't need shares or options,
All the garbage about dividends,
Buybacks are to prevent a hostile bid,
Buybacks will be cancelled
Buybacks are for handing to the Chinese,

His list of BS is endless and just a shame the company can't pump out their sludge as fast as he does.

Who is the bigger fool is so apt and what makes it more hilarious is that you clowns believe him and have done for what is it now, 5 years? LOFL.

[urals] 14/4/2020 12:13

Look at the post midday auction huge spread...well over 4%Compare it to Genel 0.5%They want sellers not buyers here.Sale obviously close

[pensioner2] 14/4/2020 12:07

Decent volume again. Our greedy acquirers back on the hunt?

[urals] 14/4/2020 11:05

Indeed Chinese , everything points to an agreed sale , not least the architect of turnround, throwing away millions of pounds,plus huge salary and bonuses, unnecessarily otherwise!!Check Sami Zouari linked in page, he's updated seamlessly every career move , but no this one :) The co have tried to flag the implementation agreement,last June , and the sale announcement any day now imminent, or Sami a philanthropist!!! Not.

[chinese_takeaway] 14/4/2020 08:44

So if that aren't sold , with arrears to now get settled, then dividend will get paid.That's 11% currently, If they aren't sold announcement pretty soon, within weeks Sami loses 3 .2m shares 50% of That vest very soon :)Not likely is it

[urals] 14/4/2020 07:38

Thanks FNTC,arrears incoming.:“We are pleased to have reached a solution whereby both parties can move on amicably, particularly in light of the current climate,â€? IMMS founder Murtaza Lakhani said in a statement.And this is the money linked to KRG. They don't have a seperate lawsuit. IMMS is KRG's oil trader.Genel CEO:"We have been informed that the recent disruption of 2 payments have been due to external factors. Notably, the Lebanese banking crisis causing $1 billion of funds belonging to the trader that pays the IOCs being tracked. As promised, NRG caught up on overdue payments in January only to fall behind again as a consequence of a reorganization of a payment process with the KRG because of the banking problems"hxxp://www.energyintel.com/pages/articlesummary/1055780/oil-trader-imms-sues-lebanon-s-bankmed-"Oil Trader IMMS Sues Lebanon's BankMedMonday, December 2, 2019SummaryIMMS' lawsuit against BankMed highlights the depth of Lebanon's banking crisis, while shedding light on how oil revenues are distributed in Kurdistan."

[urals] 14/4/2020 07:38

https://t.co/0DN07Poab8#GKPInsiders ( eg J PMorgan+4.5m sh now at over 5.7% to 12m+ in just past 3 weeks ) GKP been in implementation agreement since June '19Sale by scheme announced shortly. Instis driven share price down to make co super cheap on these valuation metrics whilst filling up on retail sells https://t.co/0DN07Poab8

[urals] 14/4/2020 07:37

https://t.co/1dWUlCfn5w3 years AFTER HOLDING 28.8m shares and NEVER selling  1 , LANSDOWNE (who are acting for Morgan Stanley) HAVE CHOSEN NOW to BUY very very  aggressively, OVER 2,100,000 in PAST 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voraciousLANSDOWNE PARTNERS holding on behalf  Morgan Stanley bought 2.1 m shares  13/3 to 1/4 Now  >OVER 31m holdingJPMORGAN same 2 WK period BOUGHT OVER 4.55m shares now > 12.05m https://t.co/1dWUlCfn5w

[urals] 14/4/2020 07:37

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/fMaubyPbsl

[habshan] 14/4/2020 07:25

China.

At last, we appear to have got there in the end, that's all great to know so thank you.

I asked you to elaborate on your original statement which was on a subject that is vital to us all and needed clarification, I tried to discuss it with you and instead of doing so you decided to give me the run around.

This board is here for the sharing of factual information and research which both I and others try to do so that we can increase our collective knowledge. Nobody on here knows everything but if we pool our knowledge we stand a much better chance.

So why was that like getting blood out of a stone.

Please try to be more forthcoming next time.

[urals] 14/4/2020 06:43

Thanks FNTC,arrears incoming.:“We are pleased to have reached a solution whereby both parties can move on amicably, particularly in light of the current climate,â€? IMMS founder Murtaza Lakhani said in a statement.And this is the money linked to KRG. They don't have a seperate lawsuit. IMMS is KRG's oil trader.Genel CEO:"We have been informed that the recent disruption of 2 payments have been due to external factors. Notably, the Lebanese banking crisis causing $1 billion of funds belonging to the trader that pays the IOCs being tracked. As promised, NRG caught up on overdue payments in January only to fall behind again as a consequence of a reorganization of a payment process with the KRG because of the banking problems"hxxp://www.energyintel.com/pages/articlesummary/1055780/oil-trader-imms-sues-lebanon-s-bankmed-"Oil Trader IMMS Sues Lebanon's BankMedMonday, December 2, 2019SummaryIMMS' lawsuit against BankMed highlights the depth of Lebanon's banking crisis, while shedding light on how oil revenues are distributed in Kurdistan."

[urals] 14/4/2020 06:42

https://t.co/0DN07Poab8#GKPInsiders ( eg J PMorgan+4.5m sh now at over 5.7% to 12m+ in just past 3 weeks ) GKP been in implementation agreement since June '19Sale by scheme announced shortly. Instis driven share price down to make co super cheap on these valuation metrics whilst filling up on retail sells https://t.co/0DN07Poab8

[urals] 14/4/2020 06:41

https://t.co/1dWUlCfn5w3 years AFTER HOLDING 28.8m shares and NEVER selling  1 , LANSDOWNE (who are acting for Morgan Stanley) HAVE CHOSEN NOW to BUY very very  aggressively, OVER 2,100,000 in PAST 3 weeks IMMINENT deal clearly NOW KNOWN to them .JP Morgan even more voraciousLANSDOWNE PARTNERS holding on behalf  Morgan Stanley bought 2.1 m shares  13/3 to 1/4 Now  >OVER 31m holdingJPMORGAN same 2 WK period BOUGHT OVER 4.55m shares now > 12.05m https://t.co/1dWUlCfn5w

[urals] 14/4/2020 06:41

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/fMaubyPbsl

[bigdog5] 14/4/2020 00:24

LOFL several times, hilarious.

Fake posters arguing about fake news, classic.

[fntc] 13/4/2020 22:25

“We are pleased to have reached a solution whereby both parties can move on amicably, particularly in light of the current climate,” IMMS founder Murtaza Lakhani said in a statement.

And this is the money linked to KRG. They don't have a seperate lawsuit. IMMS is KRG's oil trader.



Genel CEO:
"We have been informed that the recent disruption of 2 payments have been due to external factors. Notably, the Lebanese banking crisis causing $1 billion of funds belonging to the trader that pays the IOCs being tracked. As promised, NRG caught up on overdue payments in January only to fall behind again as a consequence of a reorganization of a payment process with the KRG because of the banking problems"

hxxp://www.energyintel.com/pages/articlesummary/1055780/oil-trader-imms-sues-lebanon-s-bankmed-

"Oil Trader IMMS Sues Lebanon's BankMed
Monday, December 2, 2019
Summary
IMMS' lawsuit against BankMed highlights the depth of Lebanon's banking crisis, while shedding light on how oil revenues are distributed in Kurdistan."

[habshan] 13/4/2020 21:58

From the Al Arabiya article:-

"Details of the settlement were not disclosed."

We don't know what the settlement was so we don't know that they'll get their money right away or even how much but I hope you're right.

Dan Azzi, former chairman and CEO of Standard Chartered Lebanon. “Who’s going to give the speech saying, ‘Oh, half your deposit is gone’.

Let's hope the KRG lawsuit gets settled equally quickly.

[fntc] 13/4/2020 21:45

IMMS and BanMed have settled out of court, so IMMS will get their money right away without having to wait for a court case to be resolved.

[habshan] 13/4/2020 21:34

"You very transparent Habshan lol"

What on earth's the matter with you China, it's called discussion and debate and that's what these boards are for. I thought better of you.

"So it's definitely the same money, there are not two cases where BankMed confiscated $1bln."

The Lebanese liquidity crisis is a country wide issue affecting ALL the country's banks and nobody, either the local populace, foreign depositors and even entities like IMMS and the KRG can get their money out as the banks have imposed their own informal capital controls.

The government is looking at recapitalizing the entire banking sector because the banks are in danger of going bust. That's why the likes of IMMS and the KRG are having to go to court to get their money.

hxxps://www.gfmag.com/magazine/march-2020/lebanon-liquidity-crisis

"Lebanon: Facing Down A Liquidity Crisis."

"Lebanon is entangled in an unprecedented liquidity crisis. The local currency has plummeted; inflation is soaring. Banks have imposed informal capital controls, fueling rising popular unrest. In early February, Diab’s team proposed a plan to end the financial crisis. The road map includes public-sector reforms, interest rate cuts and recapitalization of banks."

IMMS have had a good result in court. That bodes well for the KRG lawsuit and is a huge step in the right direction, but it's a self evident truth that if the banks can't pay then nobody gets their money until they CAN pay.

[hhhold2] 13/4/2020 21:11

Hmm,
30% drop in demand, 10% cut from opec, storage getting filled to capacity, not adding up !


expect this to retrace very soon , bear trap .

[chinese_takeaway] 13/4/2020 21:01

The court case regarding the $1 Billion that was confiscated in Lebanon by BankMed from oil trader IMMS, reportedly related to KRG payments for IOCs (by S&P Global Platts), has been settled. #dno #gkp #GENL #SNM https://t.co/ZdtEYX3Xdz

[chinese_takeaway] 13/4/2020 21:01

https://t.co/0DN07Poab8#GKPInsiders ( eg J PMorgan+4.5m sh now at over 5.7% to 12m+ in just past 3 weeks ) GKP been in implementation agreement since June '19Sale by scheme announced shortly. Instis driven share price down to make co super cheap on these valuation metrics whilst filling up on retail sells https://t.co/0DN07Poab8