Gulf Keystone Petroleum Share Discussion Threads

[theythinkitsallover] 19/7/2024 11:54

The target is to spend $10m on a buyback…

What do you not understand about that? No conspiracy, no VWAP targets, no capital concentration targets.. just a $10m buyback…

Christ

[herbertsmithfreehills] 19/7/2024 11:39

#GKP #GKPTakeover
Update - they have less than 3 days cash to throw at it ( if they stick with current daily levels )
Cumulative VWAP remains £ 1.4000 with 146,200 more reqd to concn capital 2.5000% - if that's the target!!
Soon find out.


Details

[reidy66] 19/7/2024 10:40

RNS... Another 125,000 bought

[arab3] 19/7/2024 10:38

div in aj bell

[ozzmosiz] 19/7/2024 10:37

Mine and my son's dividend is in with HL

[pittcock] 19/7/2024 10:29

Just picked up a load around the 135 mark. Rude not to.

[hydrocarbon1] 19/7/2024 10:27

II account.
"We are currently experiencing major system issues which is impacting our services. We are investigating as a matter of priority."

[fairenough11] 19/7/2024 10:25

No DIVI in ii yet

[shortsqueezer] 19/7/2024 10:20

Well done ! That's amazing

[bubblingup] 19/7/2024 10:12

Shortsqueezer, divi has arrived in my HL account. A new personal best, usually after lunch. Already looking forward to the next one!

[petebreeze37] 19/7/2024 10:09

Pt, will have to look it up, it sounds interesting.

[redbed] 19/7/2024 09:48

If that does come to pass or even close , (the degrees of significance may fall digit, but even so....) then it appears some sort of target has been achieved.The company is obviously sold TBAHow the route to formal announcement is orchestrated we will see unfold

[redbed] 19/7/2024 09:42

Paul is Jim to you BTW.What he has calculated is that IF they bought 59,000 shares yesterday /today, no news yet, at 1.4012 the cumulative VWAP of the whole stabilisation program = 1.40000, that's rather exact.Plus the degree of capital concentration = 2.4000% again extremely precise.The program clearly has a design from outset.

[pscrulesok] 19/7/2024 09:33

Following the worldwide computer related problems they had to borrow Paul’s machine and use his spreadsheet.

As a result a trade in GKP shares went through at 135.7050403421p.

If the buyback is continuing and this was part of it then the current VWAP will be £1.39999999999997.

[ptmorris1] 19/7/2024 09:33

I used to administer a Crowd strike system. It is an interesting concept..

[hydrocarbon1] 19/7/2024 08:54

Microsoft outage sparks chaos around the world: System failure grounds planes with TV channels, airports and banks around the globe knocked offline in massive outage causing Windows computers to suddenly shut down

[ozzmosiz] 19/7/2024 08:46

Think the IT issue is caused by CrowdStrike software

[highlander7] 19/7/2024 08:37

Issues with win365 and the Cloud.

[shortsqueezer] 19/7/2024 08:26

All because GKP is sold tba :-)

[highly geared] 19/7/2024 08:22

Reports of worldwide IT issues affecting banks, finance, media and airports.

[beernut1] 19/7/2024 08:21

? Mentions oil

Erbil, Baghdad reach deal on tax exemption for Kurdistan-based industries
Kurdistan
Iraq
Kurdistan
Industry
Tax
Erbil, Baghdad reach deal on tax exemption for Kurdistan-based industries
2024-07-18 19:55


Font
Shafaq News/ The Kurdistan Regional Government (KRG) and Iraq's federal government have reached a deal to resolve a longstanding dispute over tax exemptions in the semi-autonomous region.
The KRG's Ministry of Finance said in a statement that the agreement included "recognition of the Kurdistan Region's tax exemption by the federal government."
The deal also addressed the issue of taxes paid by Kurdistan factories selling goods in southern and central Iraq. Under the new agreement, these factories will only pay taxes on their income in Kurdistan.
Other provisions included resolving the issue of subsidized fuel supplies for KRG factories and establishing a unified mechanism for tax collection.
Since 2017, Baghdad has been implementing a comprehensive strategy aimed at consolidating power in Iraq, utilizing legal, financial, political, and military pressures against the KRG.
The Iraqi federal government has from time to time withheld the KRG's share of the budget, as Baghdad contested the legality of the region's independent crude sales via an export pipeline to Turkiye. In February 2022, the Supreme Court ordered the KRG to hand over its oil to Baghdad and ruled the region's 2007 oil and gas law, which paved the way for independent oil exports, unconstitutional.
Then in March 2023, Turkiye halted some 400,000 b/d of Kurdish crude exports, after a Paris-based arbitration court said Ankara had violated the 1973 Iraq-Turkiye pipeline agreement by allowing the independent Kurdish sales.
Furthermore, in June, the Iraqi parliament passed a budget law that obliges the KRG to export up to 400,000 b/d through SOMO in order to receive 12.6% of the Iraqi budget.
With the pipeline still shuttered, the KRG has not come anywhere close to the obligated volumes, as the international oil companies operating in the region have been limited to local sales of crude at significant discounts.

[shortsqueezer] 19/7/2024 08:08

Strange. Barclays still not up and running. Big computer hack going on perhaps ?

[bang_gone] 19/7/2024 08:07

I can't login to my City Index account...

[herbertsmithfreehills] 19/7/2024 07:56

Normally lands with C Stanley and You invest same day around lunchtime