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You really do have trouble reading don't you?
So at 276 you will be gone then. Happy days. !
BTW Straycat I am using a fully diluted share count for reasons I have previously articulated. That means a bit over 4% dilution. So your £3 lower bound would adjust to £2.88 on a FD basis versus my £2.85. (Your upper bound would adjust to £3.12.) So we are rather close. Within +/- 10% of my target I'd consider the stock a Hold (possibly a little higher on the upside).
Ha!
I believe I said I adjusted my target to £2.85. It moves around a bit with the fx but I don't see reason to change it yet. These things are obviously not 'crystal perfect' so wrap a range around that. Of course that's cum the announced dividend not ex.
The announced final dividend is worth about 9p per share currently and so once the stock goes ex that you'd peel that amount of my target price.
PUTUP,
If you're trying to groom me, then you're going to have to get to know me better...loads of Wonga always helps. Or sex, if you are a really attractive younger woman!
As for Putin'sgothisC0ck(inyer)eye, well he'll have to answer to his own conscience sooner or later. Not my problem.
I think your broad assessment is right.
But it does beg the question; if the sp is still undervalued (for now) what's its true value this year?
I'm still at £3.00/£3.25 in 2022.
Ignoring the snipers, you were @ £2.75; any revisions or are you going to play safe?
Watch out Straycat else you will become one of my purported avatars... eek!
"Do you think JH's two tier final dividend strategy has influenced investors to stick around for the second tranche, or is there a better understanding of what this year's GKP proposition represents? Or both?"
I think people are waking up to the fact that this company has the potential (actually, the obligation) to repatriate a lot of cash this year. When the stock is inherently undervalued people can 'play the dividend game' with more confidence. That becomes a lot riskier as the stock becomes fully valued and indeed sending money out of the company means the stock ought to correct for that paying out of cash else become overvalued. We shall have to see what happens as/if we cross that point. Pro forma for the receipt up to including April production the company has net cash and CRP of roughly $385 million in my estimation. (That includes setting aside all bond interest payments.) They could pay almost all of that out. Of more importance is valuing what's left if they did, but people here find that work too hard...
Hey PUTUP,
You're 'like the sixth former with a weak position in a debating class'.
Whereas I'm just 'a teenager with a weak argument.'
I'm cut to the quick!!!
Oh well, never mind...
Do you think JH's two tier final dividend strategy has influenced investors to stick around for the second tranche, or is there a better understanding of what this year's GKP proposition represents? Or both?
Because the sp is definitely standing the test of XD time, and in unfavourable current stock market conditions.
Point taken but just maybe with the exceptional dividend yield the city might start to believe and buy in for the dividend and up the price, the free float must be considerably smaller than in the past by now as folks reinvest the dividend to compound the value
hshs.......i do fundamentally agree, but this is GKP, and it never fails to disappoint 95% time, hence i am tempering my expectations.....
barrik, whose posts?
either way, let us know why and there's no reason not to impart your wisdom upon us........is there?
I believe 5 years for £7+ per share is too long, consider the earnings per share this year is going to be around £1.50, with a similar PE to right now that will be approximately £7.50 and when you compare gkp dividend yield and barrels per day to its peers then £7 or £8 per share is a no brainer
So many inaccuracies in your posts, best everyone just ignore them and move on.
"Anyway back to GKP in which also divides opinions, from either being a good investment case currently or being a takeover diamond worth untold wealth, now that's what you call brainwashed, as highlighted by some poor sole believing it's a £78 a share."
yup agreed - from the poor ol' nutters like bigdog who havent been able to let go of their losses from years gone by, still claiming every tiny little issue is a company killer, pretending they know more about the company than they do, not being physically able to even mention a positive, to the lunatics like 111-not-out who repeats ad-nauseum a multi-billion dollar takeover is hours away, you get all sorts at the GKP asylum.
but yes £78.00 is ludicrous........i'd be very happy with £7.80 in 5 years time!
"The same to you Indrid, just shouting 'unsubstantiated' doesn't make it so. Is the Wiki page unsubstantiated?"
but you're talking nonsense again, i didnt say the Azov werent Nazi's. and you do know how Wiki works right? if you are determined to use and provide Wiki as your sole source for information, you're going to look a little silly.
and all your other points WERE unsubstantiated, you didnt provide a single shred of evidence to support ANYTHING you said other than a blooming Wiki link. so yet another retort of yours proved utterly useless.
i countered all your points with truth, common sense, logic and i simply got back drivel, there is no other way of putting it, you failed to support 99% of your argument when it was dissected point by point. i am sorry to say this but you were simply hopeless.
"Plus you have posted more than anyone on this so who's ranting"
nonsense again, ranting isnt purely based on quantity of words. mine were reasoned, honest, logical and invited you to support any of your comments and counter my opinion. you failed miserably on both fronts.
"my educated guess is that Putin will have achieved his objectives"
firstly you have proved none of your guesses are "educated" that is crystal clear.
secondly he has already failed on numerous counts.
firstly, he wanted to take Kyiv, if you say thats not the case you are a liar or a moron. the 15 mile long armoured convoys, the thousands of dead Russians, burnt out tanks all littered on the road to Kyiv. he failed to replace the government and take the capital.
secondly, he wanted to divide the west. yet they are more unified than ever.
thirdly, but arguably most desired wish, to scare anyone new into not joining NATO.......categoric FAIL.
he has moved the goal posts because of his armies incompetence and his complete misreading of the situation. you claiming he always just wanted the eastern regions is imbecilic beyond belief.
then there has been the unseen consequences like the world now not being scared of Russias threats, their army and leadership looks weaker and more incompetent than it ever has. their political sphere of influence drastically reduced. their economy going to weaken.
then there is China, who Russia wanted a "partnership of equals" with. never ever going to happen now, China have seen how weak Russia is and you think they will prop them up or take advantage of it and make Russia their lap-dog?
"Let's wait and see, and by that we will be able to obtain the value of western media"
again this makes no sense, whats the alternative, Russia Today???!!!! bewildering, it truly is!!!
"I see ****eye is expressing his true angry little self"
There you go again, like the sixth former with a weak position in debating class. Could you point me to the anger you suggest of me please? If you can't, then do the decent thing and either apologise and/or log out.
" ( Jacinda Ardern exception )"
She can talk, but has no clue regarding economics
I see ****eye is expressing his true angry little self
Meanwhile, in GKP land, there's.... nothing going on. Oh well.
Indrid, it's clear that the passion is high regarding this subject.
Anyone can pick holes in a argument of this scale and there lies the problem, the term " louder " was meant to be on a GKP site as an example of not change nothing.
The rest of my views stands, and it's ordinary men & women who pay the price from those who rule either legally or illegally voted in.
Anyway back to GKP in which also divides opinions, from either being a good investment case currently or being a takeover diamond worth untold wealth, now that's what you call brainwashed, as highlighted by some poor sole believing it's a £78 a share.
Indrid, this is the last I'll say on the matter. Firstly to Straycat, I didn't rant at all in my two posts. I put forward to you a series of questions, and because they didn't suit you or because you were unaware, like a teenager who has a weak argument, you shout 'rant', or 'unsubstantiated', when everything I have said is in the public sphere. It's just not reported on the western MSM, because it is utterly corrupt and compromised. Are you aware who the majority shareholder is at Sky News now? Comcast from the US. Go and take a look at their political leanings and agendas.
The same to you Indrid, just shouting 'unsubstantiated' doesn't make it so. Is the Wiki page unsubstantiated? Plus you have posted more than anyone on this so who's ranting? But lets do this. Lets pick this up again when this is over and my educated guess is that Putin will have achieved his objectives of taking all the Russian speaking regions he wants, just like he did the Crimea, and with the absolute support of the vast majority of the people living there. Whereas you think he's weak and defeated. Let's wait and see, and by that we will be able to obtain the value of western media.
"And we keep voting them in..............unbelievable"
thats not true with Putin though is it? he rigs elections and even kills his political opponents.
"Regarding comments made, both points of view are right, but shouting louder and louder will change absolutely nothing"
well thats not true. the majority of truth-sayers ad ****-eyes posts are unsubstantiated, illogical, immoral and bordering on delusional.
and by shouting louder do you mean asking certain individuals to merely back up their claims with some resemblance of truth and common sense?
Enjoy your reading, Lemmings and Neo Nazi supporters...
https://en.wikipedia.org/wiki/Azov_Battalion
oh ****eye........you sad little man, honestly, is that really the best you have, a "lol".........pitiful
i have neither agreed or disagreed whether they are Nazis, so i simply cant be wrong.
and i'll ask again......define YOUR claim of "large swathes" ........?
then justify why millions of Ukrainians should be displaced, children killed, women raped, men murdered, cities, homes, hospitals, schools all destroyed, because in a country populated by 45 million people, one battalion is made up of Nazis........i await your factual and enlightened opinion to shine once more.......now that's a "LOL"
"firstly define "huge swathes" and back it up with proof? secondly its open to debate whether the Azov Battalion are Nazis or simply far right". LOL
****eye, are you drunk, you dont usually come across this stupid?
i havent avoided it, it literally addressed it directly in my post at 11:18!!......this convo is getting more and more bizarre!
so not only another illogical statement, but one thats utterly hypocritical, you have ignored 90% of my counter arguments (and its obvious why) and then ask me (incorrectly) why i have ignored ONE of your points....eh??!!!
this is becoming too easy
Indride, why did you avoid the Azov Battalion is everything I have said is unsubstantiated? There are many many pictures of Nazi saluting, Swastika holding Ukrainian soldiers on the internet. Why do you choose to avoid this?
"Yeah, you really nailed me there Indrid."
well yeh that's obvious and what happens when your rants are unsubstantiated drivel and akin to the ramblings of a inebriated 8 year old. try joining here us in the real world and you might have more success in your arguments.
"What relevance has the Biden's crime family corruption in Ukraine? Really? GTFOH as the Americans would say"
yes thats exactly what i said and asked of you to explain. Russia invaded and started killing thousands upon thousands of Ukrainians and its all to cover up Hunter Bidens deals, thats what your saying? i am merely asking you to prove how that makes sense. i shant hold my breath for a logical retort i assume?