Gulf Keystone Petroleum Share Discussion Threads

[giant_canine] 07/4/2022 13:27

Investors Chronicle BUY Recommendation:

"Earlier this year, the IC’s technical analyst Michael Taylor observed that “a breakout from the 220p resistance zone would see the stock move into a price area not seen since the autumn of 2019”. That’s already played-out, and the next leg up is towards the 300p mark, so a forward ratio of three times forecast earnings and a prospective dividend yield in double-figures seems compelling given the prospect of enduring elevated oil prices. Buy."

23p dividend being paid May 13, and 9 p in early July.

[giant_canine] 07/4/2022 13:27

Its out of bed and get to the keyboard time across the pond ..........LOL

[bigdog5] 07/4/2022 13:18

Very quiet here again today, has Paulfraud and his multi avatars run out of their usual BS and fantasy they con you with? Still no signs of his imminent friendly/hostile 8 year in the predicting takeaway being delivered I note.

But there's a delegation off to Baghdad again to discuss the oil situation. Will you be getting excited as "this time its different" lol. Or will it just result in the usual outcome of "constructive talks" but absolutely no agreement.

It could be a good meet because its the first one since the Baghdad Court ruled that nothing concerning the Oil in Kurdistan was legit and they want to control all.

The Simon Watkins article explains so much innit:-)

[beernut] 07/4/2022 08:38

Erbil to dispatch a delegation to discuss oil-related issues
Kurdistan
erbil
Baghdad
2022-04-06 17:18
A-
A
A+
Shafaq News/ The Kurdistan Regional Government (KRG) will dispatch a delegation to the Iraqi capital, Baghdad, to discuss the coordination prospects with the federal government in the oil file.

Prime Minister Masrour Barzani headed an ordinary session of the cabinet earlier today, Wednesday, a readout issued earlier today. The Deputy Prime Minister, Qubad Talabani, also attended the meeting.

The delegation will discuss "bolstering the coordination and cooperation with the federal government in the oil and energy fields in accordance with the constitution."

The cabinet stressed that the Kurdistan Region has "a constitutional power" in this aspect.

The cabinet instructed the Ministries of Finance and Economy to commence the process of enacting a bill for the 2022 budget.

[thebabe] 07/4/2022 08:36

Massive Cup an 'Andle on daily

[thebabe] 07/4/2022 08:03

About 216.4 m now OAP I think They have been reluctant for over 3 months now

[pensioner2] 07/4/2022 07:07

I would think they'll have to update the major investors page on their website today as there are now 215m+ shares in issue and not 213m+.

[shortsqueezer] 07/4/2022 07:03

Looks like Brent is happy to stay above 100

[releasethekraken] 07/4/2022 06:22

HTTPS://twitter.com/GoodnightCharl1/status/1511744769071980551?t=LYo1ylmacvtWZ5wtlVhecQ&s=19

[goatcam] 06/4/2022 22:22

‘CONtrolled217;.....well you are certainly the troll.

[bigdog5] 06/4/2022 21:03

Hasn't the share price been CONtrolled for 12 years whilst the "under the radar" purchasers accumulate?

[jackpotjack] 06/4/2022 20:42

Was looking to buy back in here yesterday with £150k to pick up Divi and at no time through the day did HL struggle with offering 61k shares around the 2.49 mark.Only held back as want to see if US meltdown coming.Based on the this, don't get a lot of the comments on here tbh.

[pensioner2] 06/4/2022 18:02

Interesting stuff, ashkv. We've known for ages that the share price has been "controlled" but it's interesting to see what it's costing them to do it. Then they sneak in the biggies after hours as h/c shows. Over 250k trades after lights out.

[thebabe] 06/4/2022 17:49

He's a yankAnd paid

[shortsqueezer] 06/4/2022 17:47

STUCKUP on LSE splitting hairs to find fault in an otherwise bullish post. And he claims to own a vast amount of GKP shares. What a prat he is.

[thebabe] 06/4/2022 17:38

HTTPS://twitter.com/GoodnightCharl1/status/1511744769071980551?t=LYo1ylmacvtWZ5wtlVhecQ&s=19

[steephill cove] 06/4/2022 17:01

As I said earlier.

Many will be transferring sums upto 20k into their Stocks & Shares ISAs today at the start of the new Tax Year 2022-2023 & waiting for an ideal entry point with that new money into GKP 💪

Buy GKP low when the forces at work least expect it & play them at their own game 👏

[ashkv] 06/4/2022 16:52

21% Dividend yield for 2022 at 6 April closing price of 240.5p....

[ashkv] 06/4/2022 16:52

Madness - Shares Lent Out for GKP Increased in March 2022 to 6.57% - Underhand dealings likely

Below info is average for months from Euroclear -> hxxps://my.euroclear.com/apps/en/monthly-stock-loan-data.html#month=eq:3&year=eq:2022&limit=0&search=1&order=asc:abbreviation
Gulf Keystone Stock Borrowed on Average for Dec 2021 8.39%
Gulf Keystone Stock Borrowed on Average for Jan 2022 7.18%
Gulf Keystone Stock Borrowed on Average for Feb 2022 5.79%
Gulf Keystone Stock Borrowed on Average for Mar 2022 6.57%

[ashkv] 06/4/2022 16:51

Brent: $104.00
SP: 240.5
Shares Outstanding: 212,869,955
Market Cap GBP: £511,952,242
GBPUSD: 1.31
Market Cap USD: $670,657,437
Bond USD: $100,000,000
Receivables USD: $16,700,000
Cash Balance (28 Mar 2022): $228,000,000
Net Cash-USD: $128,000,000
Guidance BPD (44k bopd -50k bopd): 47,000
Actual Avg YTD Production to 28 March 2022: 45,500
EV-USD: $542,657,437
EV/Barrel-USD at Guidance Mid-Point: $11,546
EV/Barrel-Including Receivables: $11,191
Dividend Yield (2021): 14.91%
Dividend Yield (2022 YTD-More to Come): 20.88%
Dividends (2021): $100,000,000
Dividends (2022-YTD): $140,000,000

[hydrocarbon1] 06/4/2022 16:40

Date Time Trade Price Volume Value
06-Apr-22 16:38:22 241.750 109,962 265.83k O
06-Apr-22 16:35:15 240.50 88,973 213.98k UT

[thebabe] 06/4/2022 16:23

The share price is always pressuredNever allowed to go and stay northFor very obvious reasons

[attyg] 06/4/2022 16:21

I may well be wrong, but looking at the price reaction of GKP compared to say, GENL since the announcement of the large dividend suggests to me that forces are at play.
Keep the share price down, try and mop up from nervous PIs following the IC tip and then buy big to get the dividend.
I expect the share price to get towards 270p before (possibly just before) 28 April, ex-div date.

[hydrocarbon1] 06/4/2022 15:19

looking at Brent reaction right now I expect when EIA numbers come out in 12 mins there will be a draw

actually the opposite

Release Date Time Actual Forecast Previous
Apr 06, 2022 15:30 2.421M -2.056M -3.449M