Gulf Keystone Petroleum Share Discussion Threads

[steephill cove] 05/9/2021 13:05

Makes one wonder just how much longer this ever increasing GKP PI recapitalisation will be allowed to continue into the future.

09/2016:- 20 for 9 offer @ 83.14p
07/2019:- H1 Dividend 5.68p
10/2019:- Special Dividend 11.612860p
10/2019:- GKP $25M Share Buyback
03/2020:- GKP $25M Share Buyback
07/2021:- H1 Dividend 8.373p
08/2021:- Special Dividend 8.377p
10/2021:- Interim Dividend 16.75p
??/2021:- GKP 10 percent Share Buyback

Combined with the following paragraph in GKPs Half Year Results RNS on 2nd September 2021:-

With continuing strong oil prices and cash flow generation, there may be opportunities to consider further distributions to shareholders and to optimise the capital structure

Jon Harris is playing a blinder & IMHO it is long overdue for loyal PIs. Yum Yum ;-)

[steephill cove] 05/9/2021 13:00

Hear Hear 👍

[beernut] 05/9/2021 12:59

Welcome back Lespadge.

Nice to see some familiar old faces appearing on here and on Lse.

Just beginning to feel like the exiting old days again.

Gla

[sinopec_gkp_new_owners] 05/9/2021 12:55

HTTPS://twitter.com/GoodnightCharl1/status/1434428172230139905?s=19

[sinopec_gkp_new_owners] 05/9/2021 12:52

SOLD BEFORE Christmas....... ... WELL BEFORE. YOU CAN TAKE THAT TO THE BANK

[sinopec_gkp_new_owners] 05/9/2021 12:48

Nobull theoryman LSE writing detailed Sunday essays(fantessay) bashing it down LOLOLOLOL25-35 quid actually quite prudent valuation 7/8billion bucksWhat's required first shortly, and flagged in HY, is optimised capital structure...a leveraged recapitalisation using a proxy , that's concentration for LTHTreble figures then becomes a possibility.

[k4n4k] 05/9/2021 09:48

🔜🇨🇳
🚀💰

[lespadge] 05/9/2021 09:24

Nothing around this level of price though I hope not Ian...Not after all this time and anguish..

[sinopec_gkp_new_owners] 05/9/2021 09:09

HTTPS://twitter.com/GoodnightCharl1/status/1434428172230139905?s=19

[highlander7] 05/9/2021 07:48

Tut Tut Ian I am sure CCC.will give a full and comprehensive answer to Surreyscots questions over on LSE.

NOT

LOL

[ian_hannam] 05/9/2021 07:42

SOLD BEFORE Christmas....... ... WELL BEFORE. YOU CAN TAKE THAT TO THE BANK

[ian_hannam] 05/9/2021 07:41

What people don't seem to understand is that the Co is entirely capable of doing the expansion in cash terms, as the bond market would finance it NOW.It borrowed 575m bucks with fresh air revenues.... Lol.It never has however.It is the most deleveraged E AND P LISTED (meaning it should and could borrow stacks more cash to fund organic growth )Its 55k project is over.The new owners will finance the next FDP.Their man Jaap has been developing that plan for them.Imo.Q4 its over.

[s34icknote] 04/9/2021 22:34

Thanks steep hill

[beernut] 04/9/2021 22:25

Where’s all the bad guys tonight.

Habshan wore em all out💀 🤞🤣😜👍9297;🥴Ԅ05;

[bumkin] 04/9/2021 20:29

Thank you very much for your reply Sbb1x 👍

Ex Divi date is 23rd Sept.

[sinopec_gkp_new_owners] 04/9/2021 20:21

SOLD BEFORE CHRISTMAS:).WELL BEFORE. YOU CAN TAKE THAT TO THE BANK

[steephill cove] 04/9/2021 20:00

In line with the Companys strategy of balancing investment in growth and returns to shareholders, Gulf Keystone is pleased to declare an interim dividend for 2021. The 2021 interim dividend is $50 million to be paid on 8 October 2021 based on a record date of 24 September 2021

Following payment of the interim dividend, the Company will have distributed $100 million of dividends in 2021

With continuing strong oil prices and cash flow generation, there may be opportunities to consider further distributions to shareholders and to optimise the capital structure

[s34icknote] 04/9/2021 19:38

Whens ex div date ?

[sbb1x] 04/9/2021 18:40

213m in issue.

[sinopec_gkp_new_owners] 04/9/2021 16:54

SOLD BEFORE CHRISTMAS:).WELL BEFORE. YOU CAN TAKE THAT TO THE BANK

[sinopec_gkp_new_owners] 04/9/2021 16:53

What people don't seem to understand is that the Co is entirely capable of doing the expansion in cash terms, as the bond market would finance it NOW.It borrowed 575m bucks with fresh air revenues.... Lol.It never has however.It is the most deleveraged E AND P LISTED (meaning it should and could borrow stacks more cash to fund organic growth )Its 55k project is over.The new owners will finance the next FDP.Their man Jaap has been developing that plan for them.Imo.Q4 its over.

[sinopec_gkp_new_owners] 04/9/2021 16:53

$100m dividend a year ++LOLOLOLOL. If they had any intention of staying independent operator to 110k and beyond they would use this huge FCF to fund a bond issue instead ....that would raise all the cash they would need to grow. Debt investors would be falling over themselves to finance a company with such a strong covenant. But they paying it OUT instead!!!!! TAKEOVER friendly or otherwise now INEVITABLE . Hostile competition looking far more LIKELY than previous.. FDP submission coming this Q4 will have new OPERATORS NAME on it.

[bigdog5] 04/9/2021 16:48

I've said on many occasion that this imho is the Ratner of the oil world.