Gulf Keystone Petroleum Share Discussion Threads

[ptmorris1] 29/6/2024 16:56

" admission of failure" when the business is making a $10m a month profit. God, I love this kind of failure.

[mmt1] 29/6/2024 16:52

It doesn't matter how many shares, or what the share price has been. What matters is enough shares being in the hands of people agreeing to the bid...

[shortsqueezer] 29/6/2024 16:47

You are a newbie. Hence you don't appear to be aware that the share price has been considerably higher than this with far more shares in issue and fewer prospects. You really ought to do a bit of homework if you intend to invest here.

[mmt1] 29/6/2024 16:43

To achieve the ludicrous prices banded about here lets not forget there would have to be multiple bidders.

If only one, why would they offer £50, when more than likely £5 would suffice.

If Monday there is a £5 bid, I would happily say YES! and would have a huge smile on face for the next year..

[bang_gone] 29/6/2024 16:24

These are not daily ramps.
They are an effort to ensure retail investors are not conned out of a BLACK SWAN event, the investment opportunity of a lifetime.
THE COMPANY IS OBVIOUSLY SOLD TBA

[bang_gone] 29/6/2024 16:03

L
#gkp #gkptakeover

Herewith updated details of the (buyback) sorry pre Takeover stabilisation program😇

I will update Monday AM.

I have room for 3 more days of buyback, as I think there is a strong chance it will end on Wednesday.

Lets see.

[bang_gone] 29/6/2024 16:02

#gkp #gkptakeoverBuybacks when @Gulf_Keystone KNOW they are SOLD is 'frustrating action' but @TakeoverPanel allow "stabilisation programs" which is what this program is ?Prevents bad actors crashing share price to gain stockMost obvious incoming takeover ever.At ENORMOUS premium

[broadford bay] 29/6/2024 15:56

The recent increase in share price was based almost entirely on the hype surrounding the pipeline issue - the oft-repeated "we have an agreement and the pipeline will be opened within the next few days" or words to that effect; supported of course by the Happy Clappers on this board. Gen Caggins is part of that happy band, paid good money to keep spirits up. Not for much longer...
The dividend announcement gave it another little fillip but, as bigdog rightly observes, that will soon be negated as the realisation that there has been no progress finally sinks in.
The company is not to be praised for its dividend, rather it should be castigated as it will soon need the cash to care for its well- and formation problems.
The buyback is an admission of failure - failure to progress the business, failure to come to an arrangement with the sovereign authorities in Baghdad who now crack the whip, and failure to keep stakeholders informed as to what is really going on in the KRI and with the SH wells.
The current share price is froth, nothing more, just froth,kept alive by those who will not acknowledge the facts.

[adamrugen1066] 29/6/2024 15:38

Imagine 10x'ing your input only to be told by a mid-transition taxi driver that it's a bad business move. The lack of awareness boggles the mind.

[habshan] 29/6/2024 15:26

"But as can be seen its not had any great effect as I predicted."

And as usual Sarah you were wrong.

On Friday the 10th of May the share price closed at 119.8p.

The buyback was announced at 7am on the following trading day Monday the 13th of May.

It closed yesterday at 147.1p, an increase of 23% and has increased the company valuation from £266 to £322 million an increase of £56 million.

All by spending £5 million.

You haven't got a clue have you.

[bigdog5] 29/6/2024 15:00

ptmorris, why do you think I'm a taxi driver or even need any job?

Carroll, buybacks occur when a company know they can't progress their business but want to increase their share price They've already referenced that in that they believe the share price doesn't recognize the company's value. So they have done what companies usually do saying they will buy shares back and cancel them. But as can be seen its not had any great effect as I predicted. Even the mention of a divi isn't having much of an effect currently.

Also the amount of money allocated for the buyback wasn't very much so they shouldn't be surprised with the outcome.

[bang_gone] 29/6/2024 13:41

#gkp #gkptakeover

Buybacks when @Gulf_Keystone KNOW they are SOLD is ‘frustrating action’ but @TakeoverPanel allow “stabilisation programs” which is what this program is 💪
Prevents bad actors crashing share price to gain stock
Most obvious incoming takeover ever.
At ENORMOUS premium

[bang_gone] 29/6/2024 13:40

Agree Eddie

[eddie47] 29/6/2024 13:27

What better way to signal an orderly exit for the shorters than to do a slow burn buy back. What better way to ensure the LTHs stay put than set a divi date.

[pittcock] 29/6/2024 12:48

whl2 is klassic who is bogdog

[bang_gone] 29/6/2024 12:06

#gkp #gkptakeover
Herewith updated details of the (buyback) sorry pre Takeover stabilisation program😇
I will update Monday AM.
I have room for 3 more days of buyback, as I think there is a strong chance it will end on Wednesday.
Lets see.

[bang_gone] 29/6/2024 12:00

These are not daily ramps.
They are an effort to ensure retail investors are not conned out of a BLACK SWAN event, the investment opportunity of a lifetime.
THE COMPANY IS OBVIOUSLY SOLD TBA

[ptmorris1] 29/6/2024 12:00

Exactly Muttely, there are no paid de-rampers on here as they have other jobs to fund their lives. You know, like being a taxi driver on the night shift eh?

[bigdog5] 29/6/2024 11:56

The same takeover johnyladyboy that you've been posting via several monikers ever since 2010?

There are no paid derampers, there doesn't need to be. Just consider without all the excuses, how much progress in fifteen years the company has achieved. Then look at all the ongoing issues there are between Erbil and Baghdad. That ought to explain everything to all shareholders. Then consider why none of the billions of barrels that Kozel and friends troughed on are shown in the CPR's.

Carroll, the multi moniker idiot in Stockport hasn't got anything correct in the 10+ years they've been here and everything they post is invented rubbish.

[highlander7] 29/6/2024 11:51

Personally I believe we are going to have to wait till the Kurds get control of the pipeline or the ICG concede. The current contracts are legal and can be extended in 5 year chunks or replaced.

IMO

[redbed] 29/6/2024 11:16

These are not daily ramps.They are an effort to ensure retail investors are not conned out of a BLACK SWAN event, the investment opportunity of a lifetime.THE COMPANY IS OBVIOUSLY SOLD TBA

[redbed] 29/6/2024 11:10

#gkp#gkptakeoverWe are watching the end game for @Gulf_Keystone play out.SOLD.HTTPS://x.com/goodnightcharl1/status/1806731941187555786?s=61&t=EEAJRmerpfLiAmForyb8Dw

[beernut1] 29/6/2024 08:23

Heavy Sludge on the budge

Basrah crude records weekly gains mirroring global markets
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Basrah Crude
Basrah crude records weekly gains mirroring global markets
2024-06-29 07:25


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Shafaq News/ Basrah Crude recorded weekly gains of more than 1.5% during the past week, with global oil also recording weekly gains for Brent and West Texas Intermediate crude oil.
Basrah Heavy crude concluded its latest session on Friday with an increase of $1.60, closing at $83.71. This downturn resulted in a weekly gains of $1.60 or 1.14%.
Basrah Medium crude rose by $1.69, settling at $85.56 in its recent session. Its weekly gains amounted to $1.60 or 1.14%.
Global oil markets notched their third consecutive weekly gain, buoyed by growing expectations that the US Federal Reserve will soon initiate interest rate cuts, bolstering fuel demand.
Both benchmark crudes, Brent and West Texas Intermediate, saw monthly increases of around 5.9% each. However, over the second quarter of 2024, West Texas Intermediate recorded losses of about 1.9%, while Brent crude declined by 1.2%.