Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeover] 24/6/2020 08:38

Yes if bidders don't play friendly ball the co can flush their cash down toilet , it's a bit like a dilutive plan but more subtle#GKPFYICos fighting hostile bid +/or forcing up sale price can use several hostile takeover defencesGkp already employed share repurchase AGM voted thru another defenceshare option scheme pays out without limitIt's a variation of a poison pill. Nice work Perella Weinberg https://t.co/jwfqVQ901M

[mcfly02] 24/6/2020 08:38

Just wondering if someone would like to list all the companies in Kurdistan in the last ten years that have been merged or taken over were private shareholders are winners ???

And then can we list the ones that have been absolute disasters for private shareholders ???

How many have gone bust ???

[mcfly02] 24/6/2020 08:36

Just wondering if someone would like to list all the companies in Kurdistan in the last ten years that have been merged or taken over were private shareholders are winners ???

And then can we list the ones that have been absolute disasters for private shareholders ???

How many have gone bust ???

[urals] 24/6/2020 08:27

#GKPFYICos fighting hostile bid +/or forcing up sale price can use several hostile takeover defencesGkp already employed share repurchase AGM voted thru another defenceshare option scheme pays out without limitIt's a variation of a poison pill. Nice work Perella Weinberg https://t.co/jwfqVQ901M

[bubblingup] 24/6/2020 08:15

A whole tin of biscuits was consumed?

[pensioner2] 24/6/2020 08:10

Anybody heard what happened in Baghdad yesterday - if anything did happen?

[highlander7] 24/6/2020 06:21

We will get fair value in any sale. The BH , large Institutions and the KRG will make sure of that. GKP BOD/JF will not have a say.

[urals] 24/6/2020 05:48

It certainly looks to be going hostile, with the proxy fight, so many new US hedge funds appearing holding big chunks of stock.I wonder if their is a deal the board will recommend, and Lansdowne favour another partys competing bid, hence the proxy fight ? =======If you were Trump who would you go & talk to? No brainer, Todd Kozel USA & inside track on GKP....Trump urgently wants into Iraq/Kurdistan oil.USA major financial institutions & hedge funds clearly want into GKP.Perella Weinberg are playing a blinder!Hostile bidding war coming for control of GKP....

[steephill cove] 23/6/2020 23:56

If you were Trump who would you go & talk to? No brainer, Todd Kozel USA & inside track on GKP....

Trump urgently wants into Iraq/Kurdistan oil.

USA major financial institutions & hedge funds clearly want into GKP.

Perella Weinberg are playing a blinder!

Hostile bidding war coming for control of GKP....

[nestoframpers] 23/6/2020 22:29

I think you are wrong to worry , all that oil when we are past peak oil going cheap ! no way.

[pensioner2] 23/6/2020 21:30

If you look at the chart above, the share price was breaking out in early June and it's since then that Voleon have sat on it, keeping the VWAP down. Someone has the intent of pushing a low ball offer and selling it to the other insti holders as a premium to VWAP. Depending on when they took their exposure, this might be attractive to some big holders. It needs Chman/CEO to get off their r'ss and actively find a major who wants this to come in on their side as a defence. Otherwise I think it will be stolen for single figures. Very happy to be proved wrong.

[nestoframpers] 23/6/2020 20:35

OAP if there is a LBO then GKP will just reveal CP3 using the Chinese study FP rate of 3.8%.

[chinese_takeover] 23/6/2020 20:17

AgreeTrump urgently wants into Iraq/Kurdistan oil.USA major financial institutions & hedge funds clearly want into GKP.Perella Weinberg are playing a blinder!Hostile bidding war coming for control of GKP....

[chinese_takeover] 23/6/2020 20:16

So Precison Capital have bought about 7 mill shares recently . Another Todd -

[chinese_takeover] 23/6/2020 20:13

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 20:13

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.

[frenchybannedme] 23/6/2020 19:41

Radio Caroline took over later for me.

Wow.


Edit: Actually, cos I'm old, I misremembered that.
Radio Caroline was on Medium Wave, and actually broadcasted Led Zeppelin amongst other things, and woke me up.

Tommy Vance came along later and it sounded better in FM on Radio 1.

[frenchybannedme] 23/6/2020 19:37

Yes, that was the only place you could hear the likes of ELP when you couldn't afford to buy the albums.

[lifeson] 23/6/2020 19:31

Loved The Friday Rock Show frenchy!

[frenchybannedme] 23/6/2020 19:24

That lifeson Avatar just stirred a few memories:





Oh, and who spotted the number one from the half second of audio?

He wasn't from Manchester.

[nestoframpers] 23/6/2020 19:14

So Precison Capital have bought about 7 mill shares recently . Another Todd -