Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 23/6/2020 12:39

No takeover still Paul?

No need for any hostile Paul, just a call to the Architect for a green light.

He who is the piper choses the tune.

Wipeout the sequel with even bigger surprises and twists incoming?

Lets see how we go innit:-)

[0ili0] 23/6/2020 12:38

Broadfraud, stop implying fraud involving Oryx.

[pensioner2] 23/6/2020 12:37

Voleon doing their level best to hold this back and keep the VWAP down as a nice low benchmark against which to pitch the "premium" offer being lined up. This is going to get stolen.

Edit. Maybe as early as tomorrow if there's an O&G Law deal struck in Baghdad today.

[chinese_takeover] 23/6/2020 12:35

Agree Thick Tony, crystal clear, a hostile tender offer may soon arrive.Key clues:1.LTIP rules altered to fit a friendly deal, and make a hostile one far more expensive.2.largest shareholders, vote against reappointment of CEO and Chair.3.largest shareholders simultaneously increase holdings 4largest shareholder seeks a NON indy NED onto board5 board delays the formal appointment of new directorI agree Urals, the current board are resistant to an offer, hence buyers upped their game, instigated a proxy fight, via Lansdowne who no doubt are happy to accept, but need the board to recommend, current board won't."Proxy fight takeover" is beginning. Classic hostile takeover tactic.

[chinese_takeover] 23/6/2020 12:35

The Board have and will try and maximise value using various anti takeover defenses, not least the Nancy Reagan classic defense. A buyer has clearly got Lansdowne onside to support their offer, the board stay unmoved. Quite rightly. The buyer initiates proxy fight to change the board. Excellent news. If there are more than one party, a bidding war next.

[chinese_takeover] 23/6/2020 12:35

The Nancy Reagan defense is a tactic in corporate finance used to counter a takeover or merger bidder who has made a formal bid to shareholders to buy their shares. When the board of directors of the target company meets to consider the bid, they "just say no."For example, in a discussion of a takeover of the Walt Disney Company by Comcast, analyst Andy Kessler on Wall Street Week stated "there are two great Wall Street defenses. One is the Nancy Reagan defense and the other is the Pac-Man defense, right? And the Nancy Reagan defense is, just say no."[1] An early use of the term referred to NCR's takeover defense against AT&T in 1991.[2]The term refers to the "Just Say No" anti-drug campaign of the early 1980s and repeated by former United States First Lady Nancy Reagan advocating abstinence from recreational drug use

[chinese_takeover] 23/6/2020 12:34

Good morning Yankee ConDog :)) Early start.

[bigdog5] 23/6/2020 12:32

I note that the "I was in the industry but understand naff all" Scot hasn't responded to the questions I asked of him the other day. Perhaps its because he's yet to get anything correct in ten years.

How fast can all the staff that were let go be re-employed? When will the wells be drilled and hooked up? When will the 55k be achieved? When will there be revenue for the 55k?

Didn't h7 dismiss Mac's view that it could be a very long time? So when will all the above events occur h7?

[chinese_takeover] 23/6/2020 12:20

The Nancy Reagan defense is a tactic in corporate finance used to counter a takeover or merger bidder who has made a formal bid to shareholders to buy their shares. When the board of directors of the target company meets to consider the bid, they "just say no."For example, in a discussion of a takeover of the Walt Disney Company by Comcast, analyst Andy Kessler on Wall Street Week stated "there are two great Wall Street defenses. One is the Nancy Reagan defense and the other is the Pac-Man defense, right? And the Nancy Reagan defense is, just say no."[1] An early use of the term referred to NCR's takeover defense against AT&T in 1991.[2]The term refers to the "Just Say No" anti-drug campaign of the early 1980s and repeated by former United States First Lady Nancy Reagan advocating abstinence from recreational drug use

[chinese_takeover] 23/6/2020 12:18

Agree Thick Tony, crystal clear, a hostile tender offer may soon arrive.Key clues:1.LTIP rules altered to fit a friendly deal, and make a hostile one far more expensive.2.largest shareholders, vote against reappointment of CEO and Chair.3.largest shareholders simultaneously increase holdings 4largest shareholder seeks a NON indy NED onto board5 board delays the formal appointment of new directorI agree Urals, the current board are resistant to an offer, hence buyers upped their game, instigated a proxy fight, via Lansdowne who no doubt are happy to accept, but need the board to recommend, current board won't."Proxy fight takeover" is beginning. Classic hostile takeover tactic.

[chinese_takeover] 23/6/2020 12:17

The Board have and will try and maximise value using various anti takeover defenses, not least the Nancy Reagan classic defense. A buyer has clearly got Lansdowne onside to support their offer, the board stay unmoved. Quite rightly. The buyer initiates proxy fight to change the board. Excellent news. If there are more than one party, a bidding war next.

[chinese_takeover] 23/6/2020 12:17

Good morning Yankee ConDog :)) Early start.

[bigdog5] 23/6/2020 12:16

Does the constable understand how much debt the KRG have?

It appears that the constable doesn't understand that hundred's of $millions have been spent over the past few years by the company and yet production is now less than five years ago. Does that suggest money or lack of it is the real problem?

[25wbh] 23/6/2020 12:13

Oil price rising nicely

[urals] 23/6/2020 12:13

Agree Thick Tony, crystal clear, a hostile tender offer may soon arrive.Key clues:1.LTIP rules altered to fit a friendly deal, and make a hostile one far more expensive.2.largest shareholders, vote against reappointment of CEO and Chair.3.largest shareholders simultaneously increase holdings 4largest shareholder seeks a NON indy NED onto board5 board delays the formal appointment of new directorI agree Urals, the current board are resistant to an offer, hence buyers upped their game, instigated a proxy fight, via Lansdowne who no doubt are happy to accept, but need the board to recommend, current board won't."Proxy fight takeover" is beginning. Classic hostile takeover tactic.

[urals] 23/6/2020 12:13

#GKPSo the takeover battle begins.Lansdowne are hostile buyers proxy...If you sell 1 share you tapped in the headA few people have tried FOC to help https://t.co/ImOIKybJSE

[urals] 23/6/2020 12:12

The Board have and will try and maximise value using various anti takeover defenses, not least the Nancy Reagan classic defense. A buyer has clearly got Lansdowne onside to support their offer, the board stay unmoved. Quite rightly. The buyer initiates proxy fight to change the board. Excellent news. If there are more than one party, a bidding war next.

[officerdigby] 23/6/2020 12:12

Urals23 Jun '20 - 11:50 - 608459 of 608466
0 1 0
Digby, nobody is being made. The Board have and will try and maximise value using various anti takeover defenses, not least the Nancy Reagan classic defense. A buyer has clearly got Lansdowne onside to support their offer, the board stay unmoved.The buyer initiates proxy fight to change the board.
Excellent news. If there are more than one party, a bidding war next.

Urals me-old China.
Hope we aren't knotckout by the previous anti-takeover defence.

[urals] 23/6/2020 12:11

#GKPSo the takeover battle begins.Lansdowne are hostile buyers proxy...If you sell 1 share you tapped in the headA few people have tried FOC to help https://t.co/ImOIKybJSE

[urals] 23/6/2020 12:11

Agree Thick Tony, crystal clear, a hostile tender offer may soon arrive.Key clues:1.LTIP rules altered to fit a friendly deal, and make a hostile one far more expensive.2.largest shareholders, vote against reappointment of CEO and Chair.3.largest shareholders simultaneously increase holdings 4largest shareholder seeks a NON indy NED onto board5 board delays the formal appointment of new directorI agree Urals, the current board are resistant to an offer, hence buyers upped their game, instigated a proxy fight, via Lansdowne who no doubt are happy to accept, but need the board to recommend, current board won't."Proxy fight takeover" is beginning. Classic hostile takeover tactic.

[bigdog5] 23/6/2020 12:10

Give us another laugh and post up the samimack report sarah. The 45b that the Kurds reckon they have how much of it has been found since the report was made public?

I wonder if it's just possible that Landsowne's action is a copy of an earlier event?

[officerdigby] 23/6/2020 12:09

mcfly0223 Jun '20 - 11:42 - 608455 of 608461
0 2 0
Digby,

You obviously don't understand the real workings of the KRG.

Have you never wondered why Gulf haven't made much progress in 4 years ???

OK then, Has to be an another operator for leverage.
DNO? and 1p again LOL!.

Fully aware of the strangle-hold.
But surely if he wants progress - how about sloshing over some off the £73m owed. That would pay for some more BOPD.

[urals] 23/6/2020 12:06

Agree Thick Tony, crystal clear, a hostile tender offer may soon arrive.Key clues:1.LTIP rules altered to fit a friendly deal, and make a hostile one far more expensive.2.largest shareholders, vote against reappointment of CEO and Chair.3.largest shareholders simultaneously increase holdings 4largest shareholder seeks a NON indy NED onto board5 board delays the formal appointment of new directorI agree Urals, the current board are resistant to an offer, hence buyers upped their game, instigated a proxy fight, via Lansdowne who no doubt are happy to accept, but need the board to recommend, current board won't."Proxy fight takeover" is beginning. Classic hostile takeover tactic.

[urals] 23/6/2020 12:06

#GKPSo the takeover battle begins.Lansdowne are hostile buyers proxy...If you sell 1 share you tapped in the headA few people have tried FOC to help https://t.co/ImOIKybJSE