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Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 115.00Bid: 115.00Ask: 115.75Change: 0.00 (0.00%)No Movement on Gulf Keystone
Spread: 0.75Spread as %: 0.65%Open: 121.75High: 123.00Low: 115.00Yesterday’s Close: 115.00


Share Discussion for Gulf Keystone Petroleum


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gyp8
Posts: 1,828
Off Topic
Opinion:No Opinion
Price:115.00
RE: Weathervane
Today 04:22
If your worked in the FSA pre 2003, You would know the difference . They are not the Same as the FCA, nothing like the FCA not fit for purpose.

Auditors are 90% the problem . No way on earth are they the same on remit or scope.. The FCA are a body that is now governed by the people is supposed to Regulate.

There is a levy on companys that are regulated , priced in and its about applying the regulation, s not self governing, stop making excuses for bad practice and if you want an example, ask how the CEO of Genel holds a position

POINT PROVED 100% ,
 
opulentia
Posts: 2,198
Off Topic
Opinion:No Opinion
Price:115.00
Turkey
Wed 22:40
threaten to bring sanctions against Kurdistan if they go ahead with referendum ,

GLA LTH worried about this could be a concern, will see what happens
DuffyMoon
Posts: 1,464
Off Topic
Opinion:No Opinion
Price:115.00
RE: Weathervane
Wed 22:07
In my experience, the FSA was no different to the FCA. Scope/remit changed now, slightly, after the re-spray.

Regulators, ratings agencies etc, it's all the same thing really. Gvt can't afford to pay the gamekeepers what the poachers earn, so they get what they are prepared to afford which isn't generally the crème de la crème. See 'The Big Short' to understand this.

"Auditors who are by nature paid to cover up corruption "...that doesn't make much sense? Paid by nature to do wrong? Do you think all auditors are corruptible villains? Heaven forfend. That would mean all financial statements the world over were suspect.

A black and white view of the world maybe, when in reality it's shades of grey with commercial pressures determining the pantones.

If you could have your way, gyp8, would you like to see all the audit firms go the way of Arthur Andersen? Then where would we be in terms of reliance on financial statements? Companies could spin what they liked, with no come back for investors. At least the Big 4 are occasionally successfully sued. Imagine the scenario if second tier firms were used to audit the big multinationals or there were no audits at all.
gyp8
Posts: 1,828
Off Topic
Opinion:No Opinion
Price:115.00
RE: Weathervane
Wed 20:53
The FCA is not a regulatory body, its an arm of the UK government, since it changed from the FSA, in April 2013, speak to people who worked in the FSA prior to its change , those who had over 15 years service and they will tell you, the reason it was switched to the FCA and that was to be run by UK corrupt political elite .

Odd when you consider GKP history with finance , but when you have Auditors who are by nature paid to cover up corruption and take part in it, dont cry about being shafted by greedy people.

The UK can't act against GKP via the FCA as its been buying and selling ISIL oil with Kurd IOCS,
eccles
Posts: 3,721
Observation
Opinion:No Opinion
Price:115.00
News
Wed 20:16
We get good news down we go again . So when will get some bad news if do it should go up .
helx
Posts: 1,082
Off Topic
Opinion:No Opinion
Price:115.00
RE: Not corrupt
Wed 19:53
You're catching on leeds23!....and that paltry payment was well received wasn't it? Tee hee.
weathervane
Posts: 1,008
Off Topic
Opinion:No Opinion
Price:115.00
RE: Spazway
Wed 19:45
I have just realised that there is easier way for me to make money than investing in G.K.P.
It is this, that you have a wager with me that says I do not hold shares here. If you are correct to this end I will pay you a grand, however if you are incorrect, then you send me a grand, are we on.
weathervane
Posts: 1,008
Off Topic
Opinion:No Opinion
Price:115.00
Spazway
Wed 19:26
Apologies, I do not wish to upset you, of course this company has wonderful prospects for the future, I trust you do not think I thought otherwise.
leeds23
Posts: 237
Off Topic
Opinion:No Opinion
Price:115.00
Not corrupt
Wed 19:20
Share price decimated from 350p to a 1p then 100 to 1 consolidation ,owed money,payments late,but still producing,who in their right mind continues to sell to someone for years if they owe you money and don't get paid ?unless your on the board and have been promised and received bonuses maybe thats got somethink to do with it,not corrupt really ?????
DuffyMoon
Posts: 1,464
Off Topic
Opinion:No Opinion
Price:115.00
RE: Weathervane
Wed 18:19
" the law as enforced by the FCA ..."

I'm sorry, I just sprayed my coffee all over my screen laughing.

If the FCA determines what people can post, then people can judge for themselves whether what they post is appropriate.

If you don't like a poster, I'd recommend you filter them.




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