Register
Login:
Share:
Email Facebook Twitter




Quick Poll
QUICK POLL >
Do you follow FX markets?




GKP Share Chat - RSS Feed

Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 41.25Bid: 40.50Ask: 41.25Change: 1.00 (+2.48%)Riser - Gulf Keystone
Spread: 0.75Spread as %: 1.85%Open: 41.00High: 42.00Low: 39.50Yesterday’s Close: 40.25


Share Discussion for Gulf Keystone (GKP)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Mulder
Posts: 1,698
Off Topic
Opinion:Buy
Price:37.00
View from WShak Bondholder
13 Apr '15
'I've been buying GKP 6.25% bonds in decent size again today.

Interestingly, I had to pay 42.75c for the first couple of clips, but then supply died up and I had to pay 44.5c for the last lot. The 13% are better bid as well, at over 70c.

Apparently, there are few sizeable buyers in the market, with one particular hedge fund looking to buy significant chunks at the right price.

The recent placing seems to have given me a lot more comfort than other bondholders, as I'd have thought the fact that GKP could raise money at all would be good news. The major shareholders who put in the bulk of the funds won't have done so without a clear plan for an exit, and I'd expect directors to be dancing to their tune. They certainly won't want to hand over all of the equity to bottom fishers like me in 24 months if the debt can't be repaid.

I quite like Kurdistan as an oil play at the moment. If buying equity, I'd go for GENEL, but I'm happy to own GKP bonds at these prices.'

@WShak1
 
Everton222
Posts: 1,087
Off Topic
Opinion:No Opinion
Price:37.00
Love it NW
13 Apr '15
I like the concise nature of your new posts. Great synopsis.
Siogeo
Posts: 118
Off Topic
Opinion:No Opinion
Price:37.00
View Thread (5)
RE: barnaby
13 Apr '15
I'll match that :)
nwalsham15
Posts: 3,876
Off Topic
Opinion:No Opinion
Price:37.00
Nice 10%
13 Apr '15
Swing today - what a pile of CACK this remains
delta9
Posts: 1,047
Observation
Opinion:Hold
Price:37.00
View Thread (5)
barnaby
13 Apr '15
well thanks for that not so subtle deramp ... Sorry investment advice lol ,,,, didn't we just hear over $100 m in funds, production re started and expecting payments ??? All other oilys increasing production and rns all over the place saying regular payments soon ?? Yet you give us 2 weeks before we start panicking rofpmsl stop pretending your an investor and give us a break ffs !!! Hey and your not the only one here but you all stand out like a sore thumb.. Tell you what I'll do since Nost has all but lost his 1st bet for the rampers I'll bet you £100 to a charity of winners choice we don't see an rns about a rights issue before mid May ! If your right I will pay my debt gladly and never post on this board again !! So what you say ???? You feeling lucky punk ????
Mulder
Posts: 1,698
Off Topic
Opinion:Buy
Price:37.00
Regular Payments - DNO
13 Apr '15
We’re fully confident that we’ll receive payments for our production and exports in line with our contractual terms,” Mossavar-Rahmani said, stopping short of providing a timeline like Genel. “The operating companies in Kurdistan have made it quite clear that future investments will be driven by the timing and extent of payments. And it’s in the interest of all parties that these investments be made.”

DNO boosts Kurdish oil output to record as export pay looms
http://gulfnews.com/business/sectors/energy/dno-boosts-kurdish-oil-output-to-record-as-export-pay-looms-1.1489595
Arminius
Posts: 4,661
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:37.00
Payment looms
13 Apr '15
Kurdish oil output to record as export pay looms
DNO extended gains after the news on DNO’s production, rising as much as 8.2%
Bloomberg, April 10, 2015

http://www.gulfnews.com/1.1489595
Arminius
Posts: 4,661
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:37.00
GKP eventually bought out
13 Apr '15
http://www.thenational.ae/business/energy/shell-bg-acquisition-is-news-but-not-a-trend

Instead, further deals are likely to look entirely different from Shell-BG, and to focus on the small and mid-cap sectors. Smaller companies in financial distress will be snapped up, and a few lucky explorers such as Gulf Keystone in Kurdish Iraq will eventually be bought out when politics and valuations align.
wafa
Posts: 194
Off Topic
Opinion:No Opinion
Price:37.00
stefinstocks
13 Apr '15
Bankruptcy ? means GENEL is following GKP ? GKP is producing almost 40KBP , regular payments will start soon and all political problems with bagdad will be solved also soon as you can see 95% of kurdistan is free and safe.
barnaby67
Posts: 424
Off Topic
Opinion:Strong Buy
Price:37.00
GKP Sale
13 Apr '15
I really do not see this as being imminent (and i would take imminent to be 2015). The share price needs support of further payments for production. The next instalment of similar amount to that received in late Feb will come IMHO this week or, slightly more likely, next week and when the next one comes in circa another 2 months after that then the market will start to believe there is a developing regularity to the payment cycle. I do not see great likelihood of any more material payments from the KRG in the near future. Some semblance of regular payments should see the share price re-base a worthwhile amount higher than current levels, but ultimately it will take a reveal of NM's box contents to re-base materially higher and open up the pathway to GKP sale. If the regular payment cycle does not start to reveal itself by the end of April (give or take a few days as this is the Middle East we are talking about) then expect announcement of a rights issue in the first half of May as that will be the only way to keep the wolves from the door!





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.