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Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 5.05Bid: 5.00Ask: 5.05Change: 0.00 (0.00%)No Movement on Gulf Keystone
Spread: 0.05Spread as %: 1.00%Open: 5.20High: 5.40Low: 4.75Yesterday’s Close: 5.05



Share Discussion for Gulf Keystone Petroleum


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jester16
Posts: 2,322
Off Topic
Opinion:No Opinion
Price:5.05
Chazz
Today 08:58
If I have read it right $283 million was stated in the arrears section of the investors presentation which was issued in March 2016. I might of got the wrong end of stick though.
 
PaulCurtis
Posts: 34
Off Topic
Opinion:No Opinion
Price:5.05
RE: Paul curtis
Today 08:54
Jester

I first bought at over 50 cents several years ago and have been price averaging down. I'm still heavily underwater.
ChazzReinhold
Posts: 134
Off Topic
Opinion:No Opinion
Price:5.05
Rolling the Dice
Today 08:49
GKP are / were owed money that would go a very long way to pay bonds. Dec 2 RNS. READ IT. Why has this sum been engineered down to a lower sum at such a critical time ?

"So please don't gripe about 'evil' Bondholders. You rolled the dice and an unprecedented crash in oil has scuppered you."
jester16
Posts: 2,322
Off Topic
Opinion:No Opinion
Price:5.05
Paul curtis
Today 08:47
I have never seen you post on gkp board only until recently are you a new bondholder and you've seen an opportunity....
jester16
Posts: 2,322
Off Topic
Opinion:No Opinion
Price:5.05
Paul curtis
Today 08:44
Wasn't 40million shares issued with the $250 million bonds at 13%
PaulCurtis
Posts: 34
Off Topic
Opinion:No Opinion
Price:5.05
RE: PaulCurtis
Today 08:29
Torque

Important to remember the relationship between Bondholders and equity. If everything goes well, equity loves Bondholders because they provide a source of capital that can be junior to Banks and they get no capital uplift, just interest which varies according to risk. Bonds allow equity to avoid dilution.

Flip side is is everything goes pear shaped, equity losses out much more than the bonds. In a wind up equity gets nothing.

If oil was still over $100 you guys would be happy because you were keeping all the upside. You can't have your cake and eat it. Equity gets the upside, Bondholders get the protected if goes pear shaped.

So please don't gripe about 'evil' Bondholders. You rolled the dice and an unprecedented crash in oil has scuppered you.
jester16
Posts: 2,322
Off Topic
Opinion:No Opinion
Price:5.05
Where does all the money go
Today 08:08
April 2014 we issued the bonds $250 million. In March 2015 we issued shares for $40 million. Including all the oil that we pump every day where does it all go. With the increase in shaikan from 53% to 58% will we get back costs for that too.....?
durby
Posts: 831
Off Topic
Opinion:No Opinion
Price:5.05
RE: peteb
Today 08:05
I read it as - you are claiming to be an expert here and therefore know better than others like peteb? :-)
Tallmarc72
Posts: 356
Off Topic
Opinion:No Opinion
Price:5.05
peteb
Today 07:44
Another self proclaimed expert telling us the sad future for GKP

This board gets better and better.
theshipscook1
Posts: 2,148
Off Topic
Opinion:No Opinion
Price:5.05
RE: 200 million $ since Dec 2 2015?
Today 07:27
Forgot to add....

Something along the lines of corrupt government oil ministers




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