Gulf Keystone Petroleum Share Discussion Threads

[howard smith] 15/4/2022 10:22

I'm sure I've got it somewhere on an old laptop from the older presentations but I don't have that here with me whilst I'm working overseas. I like those older comparison images, it is nice to remember just how massive Shaikan is, as current CPRs only look at a fraction of what is there when we all know the truth about the actual billions of barrels of reserves and not just oil in place and hence the true value of this elephant field which will continue to pump oil for decades at a much higher daily output than current. One day it will rerate accordingly and until then buy the dips and enjoy the paid to wait for the inevitable with dividends

[thebabe] 15/4/2022 09:38

HTTPS://twitter.com/GoodnightCharl1/status/1514868280665821188?t=EbXMJLxrpwLgAy7Pqe5zdQ&s=19Kurdistan boom in E and P

[nestoframpers] 15/4/2022 09:22

Howard you used to be able to find that image easily but now you just get reams and reams of notout posts ;o(

[turvart] 15/4/2022 09:00

Bubblingup,

Thanks for taking the time to explain.

[thebabe] 15/4/2022 08:36

#SNM SHAMARAN rights issue luvvly jubbly.They have almost certainly done this to force higher acceptable bid.They have been a huge takeover target for 3 years..HTTPS://www.investopedia.com/ask/answers/042015/why-shareholder-rights-plan-called-poison-pill.asp

[thebabe] 15/4/2022 08:33

HTTPS://stockhouse.com/news/newswire/2022/04/14/ready-for-next-oil-boom-kurdistan-s-profitable-petro-playThe Iraqi-Kurdish petroleum exploration and production sector offers a unique proposition for investors. With Kurdistan as the autonomous region of Iraq, it is in the third largest OPEC producer.Kurdistan still stands as one of the frontier areas of oil and gas production and sits on 45 billion barrels of potential reserves on what they call the very prolific Western Zagros fault. A complex geological structure, these are fractured carbonates that only a few could capitalize upon.

[turvart] 15/4/2022 08:31

"Because that's not how it works"

Oh ok, everyone knows about GKP but no company puts a bid in, oh that's good, amazing business style.

[thebabe] 15/4/2022 08:25

HTTPS://stockhouse.com/news/newswire/2022/04/14/ready-for-next-oil-boom-kurdistan-s-profitable-petro-playThe Iraqi-Kurdish petroleum exploration and production sector offers a unique proposition for investors. With Kurdistan as the autonomous region of Iraq, it is in the third largest OPEC producer.Kurdistan still stands as one of the frontier areas of oil and gas production and sits on 45 billion barrels of potential reserves on what they call the very prolific Western Zagros fault. A complex geological structure, these are fractured carbonates that only a few could capitalize upon.

[thebabe] 15/4/2022 08:25

Because that's not how it works,it was rather amusingRead up on takeover defenses starting with just say no....Filtered now Bye

[turvart] 15/4/2022 08:22

Well I'm glad I gave you a laugh and you find my comments amusing, what I would like to ask in my defence is: If GKP are on everyone's radar like you suggest then why hasn't a bid come forward and this all snapped up?

[turvart] 15/4/2022 07:52

So basically if I'm reading into this correct there is a lot of activity in Iraq because of this 120 day window with Iran so if GKP are going to get noticed it should be this next few months, so basically it's a case of holding, if not you miss the bid and that would be heart breaking, imagine that, being out waiting for a retrace and the bid drops.

[beernut] 14/4/2022 23:36

Sorry GC didn’t check back before I posted it. Nice spot.

[0ili0] 14/4/2022 22:29

"they think their shares are undervalued"😂;😂😂

By about £100 🤔

🛢️
29312;💭

[turvart] 14/4/2022 21:58

Yes GC,

Thank you for posting that link it was very interesting reading.

[pensioner2] 14/4/2022 20:53

Good find there, GC. Thanks.

[ticketmaster] 14/4/2022 19:42

Deleted duplicate

[ticketmaster] 14/4/2022 19:17

Strong recovery in brent over the last 4 days. Can't do us any harm!

See you all on Tuesday

Have a great weekend all

[goatcam] 14/4/2022 19:06

Let the bidding commence:

China And The U.S. Are Battling For Influence Over Iraqi Oil

hxxps://oilprice.com/Energy/Energy-General/China-And-The-US-Are-Battling-For-Influence-Over-Iraqi-Oil.html

[highlander7] 14/4/2022 16:53

HL ...

Why would a company buy back shares?

There are a few reasons companies might decide to carry out a buyback.

It could be because they think their shares are undervalued. In the same way investors look for opportunities to invest in undervalued shares, companies themselves might want to buy its own shares if they believe the price doesn’t accurately reflect future prospects. In these cases, it’s seen as a nod of confidence from management. It’s also a way to reward existing shareholders who have waited out a period of slower growth.

Sometimes the decision to buy back shares is tactical. Not only does it improve shareholder value, but it also makes dividend payments more affordable. There are many companies out there whose investors expect continuous dividend growth. That means the company will need to funnel more and more cash to shareholders every year. Buying back shares when they’re undervalued reduces the cost of payments because there’ll be fewer shares to pay a dividend out on.

H7

[johnbuysghost] 14/4/2022 16:12

It amazing that GKP is still allowed to sit on Shaikan and pay out massive divis to shareholders for years on end......lol.

Crazy times but I'll take the massive divis and reinvest them for loads more shares, so the divis just keep getting bigger and bigger.

Compound is our friend.