Gulf Keystone Petroleum Share Discussion Threads

[highlander7] 28/3/2021 11:34

No way they are ever going to haul that thing out of the sand unless they get lucky.
So they will have to unload and store possibly ~ 2000 containers. Then put them all back in their original positions. Because these container ships are all loaded /unloaded by a computer generated sequence.

So it looks like the OP is headed North.

IMO

[bluehorseshoe_loves_gkp] 28/3/2021 11:10

Top 10 holders own 60% ISH retail about 6-7% of that in HL NOMINEE and othersIf retail owned a lot HL / Barclays /Halifax nominee accounts would be far higher and in all in top 10Below that prob 10-15% in funds hnwi25-30% in GKP proxy and/ or buyers hands TAKEOVER IMMINENT

[beernut] 28/3/2021 11:08

Suez tanker still stuck but some movement has been made.
They’re waiting for high tide Sunday to try again.

End of a long article on it.

What is the back-up plan?

If digging the sand away and pulling the ship with tugs fails to move it, Mr Rabie said rescue teams might have to remove some containers.

John Denholm, president of the UK Chamber of Shipping, earlier told the BBC that transferring the cargo to another vessel or the canal bank would involve bringing in specialist equipment, including a crane that would need to stretch more than 60m (200ft) high.

"If we go through the lightering process, I suspect we're talking weeks,"

[shortsqueezer] 28/3/2021 10:59

Top 25 percent shareholders hold over 58 per cent of the Company. General public about 42 per cent

[k4n4k] 28/3/2021 09:45

Is Pat Plunkett a patriotic Irishman?
🧐

[bluehorseshoe_loves_gkp] 28/3/2021 09:16

CORRECT - MAKE YOURSELF AWASH WITH CASH (NOW) THEN YOU ARE THE COMPLETE OPPSITE OF DISTRESSED SELLER...SELLING UP ONLY IF ITS AN OFFER YOU CANT REFUSE :)That's what Perella Weinberg have done - positioned the company to drive MAXIMUM value from sale.++++++++A source familiar with the M&G strategy said the fund was convinced management changes were needed at Gulf Keystone to improve company performance."You don't enter into sale negotiations with the position of weakness. The company needed to address short-term liquidity problems first," the source said.+++++++

[bluehorseshoe_loves_gkp] 28/3/2021 08:48

As we all know , or should do , the company will have at current poo and prodn guidance at least $289m free cash year end 2021,and they not investing it in production.....lolSOLD TBA with the balance of net cash /debt paid as divvy.The dividend could be $75m ,that's 25p per shareDefinitely be at least $50m that's 17.5 p per share

[m_a_g_a] 28/3/2021 00:00

Go DJT. MAGA!

[nestoframpers] 27/3/2021 22:10

Hope you are right , sooner this is over the better.

[bravedog] 27/3/2021 22:04

Don’t think so. They need to ramp up prod as quickly as possible bc Kurds need to transfer revenues to ICG. After the restructuring, PI had 15%. Now probably 5%. And some PI will sell too early. Paying a little more to the PI is not worth the loss of revenues.
If law passed, wud be interesting to see if they make a bond issue following the Pareto presentation.

[bravedog] 27/3/2021 21:05

Why months away?

[nestoframpers] 27/3/2021 20:28

YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEHHHAAAAAAAAAAAAAAAAAAAAAAA sounds like it will get signed off.

If so TO is still months away so more patience required imo.

[nestoframpers] 27/3/2021 20:06

Nice K$N$K , I think this is for real this time.

[k4n4k] 27/3/2021 19:35

More...

The Kurdish delegation in Baghdad today and optimism that the budget will be approved tomorrow

27th March 2021

The delegation of the Kurdistan Regional Government, tomorrow, Sunday, in Baghdad, will resume its negotiations regarding the share of the Kurdistan Region in the federal budget, in a positive atmosphere by resolving the disputed points and voting on the budget.

The deputy from the Kurdistan Democratic Bloc, Sherwan Al-Dubirdani, told Shafaq News:

The Kurdish delegation will arrive this evening in Baghdad, and tomorrow it will hold a meeting with the Presidency of Parliament and heads of political blocs to resolve the points of disagreement and reach a final agreement to vote on the budget law.

Aldobardani added; The atmosphere is currently positive, especially after the meeting of the Finance Committee and its hosting of the ministers, and that tomorrow, Sunday, will be a crucial day for voting on the budget law.

He pointed out that the date of the session may be delayed by an hour or two, but that it will be held to vote on the articles of the budget law gradually from Article 1 to Article 58, in addition to the articles added to the law.

[beernut] 27/3/2021 19:20

KRG Delegation Arrives in Baghdad for Budget Talks
BasNews 2021/03/27 - 21:26 Kurdistan


ERBIL - A delegation from the Kurdistan Regional Government (KRG) arrived in Baghdad for talks on the budget bill before it is passed by the parliament.

Faris Issa, the KRG representative in Baghdad, confirmed the report to BasNews and pointed out that it is the same delegation which was in the Iraqi capital for similar talks earlier last week.

"The delegation will stress on reaching an agreement [on the budget bill with Baghdad] in the framework of the constitution and preservation of the rights and financial entitlements of people of Kurdistan Region," Issa added.

The Iraqi Council of Representatives is expected to hold a session on Sunday, March 28, at 3:00 pm, to discuss the budget bill.

The KRG delegation and Shia factions reached an initial agreement on the budget bill last week, but the Shia factions made a few changes to the deal which were rejected by the KRG.

[k4n4k] 27/3/2021 18:39

^^^^worth unfiltering? Naaah.

[nestoframpers] 27/3/2021 18:04

Nice of you to pop in one Shard .