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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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Del44
Posts: 4,530
Off Topic
Opinion:No Opinion
Price:5.05
RE: Paulcurtis
Today 12:03
IF....GKP had money...they could but the bonds on the market, just like any other traded security.....but we don't have spare money.
The bonds have to be redeemed next year at full price. Clearly the market is not expecting that to happen...hence the low trade price. If GKP could muster a loan to buy these bonds in the open market...my bet would be that the market in the bonds would quickly latch on to that and the bonds would reflect that....in the price been marked up....

The bond price is currently reflecting a major loss for the holders and nobody wants to buy them.....
 
torquewrench
Posts: 3,703
Off Topic
Opinion:No Opinion
Price:5.05
jester16
Today 12:00
Morning...hope all well....rubbish weather here... lol

One thing...the KRG may pull a 'huge rabbit' from the hat....hope so for PI's ... take care mate..
jester16
Posts: 2,307
Off Topic
Opinion:No Opinion
Price:5.05
Paulcurtis
Today 11:49
The converts are trading at 17 and 40 cents does that mean we can buy them out cheaply.. pphhhoaawww bring it on.....
jester16
Posts: 2,307
Off Topic
Opinion:No Opinion
Price:5.05
The money that is owed to gkp
Today 11:46
Would go along way in solving this crisis. Why doesn't mol help out and buy 25% more of shaikan. There's numerous ways to solve this. It's not all about frigging bondholders. We are still in a closed period so someone is interested. There's billions not millions of oil....
jester16
Posts: 2,307
Off Topic
Opinion:No Opinion
Price:5.05
View Thread (2)
Paulcurtis
Today 11:40
Your discussion is always sided to what bondholders crave for . Jon ferrier get rid of these bonds please by which ever means possible...
jester16
Posts: 2,307
Off Topic
Opinion:No Opinion
Price:5.05
We are in a closed period
Today 11:37
But they are talking to bondholders are they privvy to information that they are using to suppress the shareprice?
torquewrench
Posts: 3,703
Off Topic
Opinion:No Opinion
Price:5.05
PaulCurtis
Today 11:14
morning.....who are the reps for the ad hoc committee of BH's Blackstone ??
Distressed
Posts: 730
Off Topic
Opinion:No Opinion
Price:5.05
RE: Jon ferrier
Today 11:11
PC, I bow to your superior knowledge,

This situation cannot produce a winner by heavy dilution or administration,

You will be tied up in litigation ( Afren)

Within the original gamble is another, how will oil recover or not

Surely it cannot be any worse if the BH allow an extension on payments, unless of course they know something is going on that should not be within the company,

My belief is this will receive a lot of unwanted attention for all

I would rather have 5% of something
Than 13% of nothing ?????

IMHO
ddboy
Posts: 1,096
Off Topic
Opinion:No Opinion
Price:5.05
There
Today 11:10
Must be so much bargaining going on behind the scenes at this crucial time. Getting out @ 5p salvages something of course and it tempts me but so far underwater i am inclined to see it through , stubborn and probably foolish but that is the nature of many, not just me.
I am sure JF is trying his best but a comment from him would be welcome as he appears to have his head below the ramparts at the moment.
PaulCurtis
Posts: 29
Off Topic
Opinion:No Opinion
Price:5.05
RE: Jon ferrier
Today 10:53
Jester

You say get a better loan but from whom? The Converts are trading at 17 cents on the dollar!!

Even the senior 13's are trading at 60 cents

What does that tell you? Obviously that the market thinks they are going to suffer a big loss.

So who on earth would replace that loan at par?




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