Gulf Keystone Petroleum Share Discussion Threads

[bigdog5] 17/6/2024 11:04

Buybacks, its not a stabilisation exercise as the many bogus monikers of Carroll of Stockport says, still being sold into as predicted I note. What a waste of money!!! Money leaving the company doesn't make it more valuable as the morons try to convince you it does.

Happy to help.

[herbertsmithfreehills] 17/6/2024 11:04

Its wakey wakey on the East Coast across the pond , and for the 30,300th ++ time Yankee Doodle Condog posts AND ONLY EVER ON THIS STOCK ( barely credible - LOL ) the paid American sentiment basher clocks in for work.If CARLSBERG did BUY signals.FILL YER BOOTSTAKEOVER RNS INCOMINGTHIS MONTH.

[bigdog5] 17/6/2024 11:02

Poor old scotty snowflake, it looks as though she has dismissed any possibility that there are people that have extremely good contacts, she gets so jealous about that:-)

[bigdog5] 17/6/2024 11:01

You keep repeating yourself sarah but you ought to have learnt by now from all the issues you've got wrong or been proved wrong about your views have amounted to naff all. You appear extremely agitated by BB's posts!! It looks to me he really knows what he's talking about whereas you gullible fantasists haven't a clue which has been proved countless times over many years. To keep repeating the same stuff doesn't make any of it correct, that's a top tip for you sarah.

[ptmorris1] 17/6/2024 10:16

"Anyway 4.00pm off out. Hope we keep stable,"

Indonesia ??

[hydrocarbon1] 17/6/2024 08:54

shortsqueezer17 Jun '24 - 09:30 - 706531 of 706533
0 1 0
Or lower even

Why would it go lower, with what I suggested you buy the same amount but in a more astute way. You still have same reserves left for stabilization.

Anyway 4.00pm off out. Hope we keep stable, 😊

[worldquant] 17/6/2024 08:33

#GKP #gkptakeover $gkp

@TakeoverPanel
+
@HSFlegal

@Gulf_Keystone
disapply rule frustrating actions as buyers + 50% shareholders consent
Allowed them a stabilisation program to stop bad actors in mkt, pre Takeover RNS.
Hence $5.4m of buyback still remains, 4 days left

[redbed] 17/6/2024 08:32

Price of buyback irrelevantIts a stabilisation program...

[shortsqueezer] 17/6/2024 08:30

Or lower even

[shortsqueezer] 17/6/2024 08:29

I would say that it is in the interest of all of us long termers that the buybacks are carried out for as low a price as possible. Even though I would love to see a spike in the share price due to a big buy we all know that it would then be sold into and we end up back here.

[hydrocarbon1] 17/6/2024 08:22

Gaz- you are correct, they can accomplish both with a bit of effort. DMA is a wonderful tool.
You will see many many days where buys are 60% plus and share price drops , this is because many small sells are made driving price down - takes a little more effort. With a little effort this can be nullified. You still show power and buy same 125,000.
Actually more muscle flexed.

[herbertsmithfreehills] 17/6/2024 08:09

#GKP #gkptakeover $gkp

@TakeoverPanel
+
@HSFlegal

@Gulf_Keystone
disapply rule frustrating actions as buyers + 50% shareholders consent
Allowed them a stabilisation program to stop bad actors in mkt, pre Takeover RNS.
Hence $5.4m of buyback still remains, 4 days left

[redbed] 17/6/2024 08:08

HerbertSmithFreehills17 Jun '24 - 08:23 - 706520 of 706522 Edit0 2 0As anyone can see this is a stabilisation program, to prevent bad actors being naughty.They have a further 5.4 million remaining and 4 days of the program.They are obliged by MAR corporate governance to protect shareholders pre announcement of co sale.This is what they are doing.They aren’t seriously buying, they are showing others that if they try and flash crash this , they are up against a HUGE cash pile that prevents it.

[redbed] 17/6/2024 08:08

Yes you are missing it's not a buyback its a stabilisation program pre takeover RNS

[gazebo79] 17/6/2024 08:07

I'm not saying it's not the case but why not use all the money available which would have pushed up the share price considerably. Another buyback after this could then have been opened.or am I missing something?

[highlander7] 17/6/2024 08:02

john@john78846295: Jun 13

No agreement reached yet regarding cost of oil production. Negotiations between the KRG, Iraqi Government, and oil firms will continue after Eid al-Adha with the aim of reaching a final agreement.

[herbertsmithfreehills] 17/6/2024 07:48

HerbertSmithFreehills17 Jun '24 - 08:23 - 706520 of 706522 Edit
0 2 0
As anyone can see this is a stabilisation program, to prevent bad actors being naughty.
They have a further 5.4 million remaining and 4 days of the program.
They are obliged by MAR corporate governance to protect shareholders pre announcement of co sale.
This is what they are doing.
They aren’t seriously buying, they are showing others that if they try and flash crash this , they are up against a HUGE cash pile that prevents it.

[herbertsmithfreehills] 17/6/2024 07:48

It isnt a buyback - they have sold the company TBA.

[petebreeze37] 17/6/2024 07:41

I would say that in the longer term, paying off the 100 million debt last year, and now the buyback will increase gkp's value and make it more defendable in the future.
So yes, maybe buying back cheaply is a good thing in the long run, and in normal circumstance the price should adjust upwards in the near future.

[herbertsmithfreehills] 17/6/2024 07:23

As anyone can see this is a stabilisation program, to prevent bad actors being naughty.They have a further 5.4 million remaining and 4 days of the program.They are obliged by MAR corporate governance to protect shareholders pre announcement of co sale.This is what they are doing.They aren't seriously buying, they are showing others that if they try and flash crash this , they are up against a HUGE cash pile that prevents it.

[hydrocarbon1] 17/6/2024 07:17

I would rather see them buying at 150 and maintaining share price

[ozzmosiz] 17/6/2024 06:25

That's more like it, buying the shares at 131

[furenstaurus] 17/6/2024 06:21

#GKP #gkptakeover
1.19% issue cancelled
SP up 9.8% After 21/6 AGM
@Gulf_Keystone
will issue options/shares to reward staff+CEO stay bonus to share T/O proceeds
Stabilisation program 5 weeks done 4 days left
With a lot of cash in hand.

[adamrugen1066] 17/6/2024 06:20

I'd expect nothing this week, frankly. Eid ends Wednesday so back to work Thursday? That's 1 day before the weekend so they probably won't turn up that day either.

[habshan] 17/6/2024 06:01

Another 125,000 bought on Friday..

17/06/24.

RNS.

Transaction in Own Shares.

Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq announces that on 14 June 2024, it purchased 125,000 common shares of US$1.00 each in the Company ("Shares") on the London Stock Exchange through Peel Hunt LLP in accordance with the terms of its share buyback programme announced on 13 May 2024 (the "Buyback Programme").