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"And I’m pretty darn bullish, thanks for asking."
But reducing your value at work...
As previously stated.... I’m happy to keep the same number of shares and pocket the dividend... without the need of pressing the sell button, however hard you may try ;)
And I’m pretty darn bullish, thanks for asking.
pocketing your dividend is the same as selling some. Just saying. How bullish are you really?
LOL, Yes we all understand the concept of dividends fella, you don’t need to spell it out....
I’m happy with dividends because I still own the same number of shares, while also getting a nice few ££££.....
Not quite sure what you were trying to contribute with your post......
“But given how cheap you view the stock is...”
I would assume most people who are here would think it’s “cheap” / good value otherwise they wouldn’t be here.... of course, unless they have other motives for posting on this board....
"dividend landing in my account soon"
You already own the dividend - in your share price. When it's paid out of the company to your bank account the stock will go ex-div to compensate. You only 'gain' via a dividend if the value that's left in the company appreciates. Dividends reduce your investment.
But given how cheap you view the stock is I'm sure you will forego the cash and reinvest it in the stock instead.
Yes it’s been a very long and emotional journey but I’ve learnt a lot along the way. No doubt games have been played in the past and probably will continue to be in the future.... at one point I was sure I would lose everything and I was not willing to go down without a fight! (even though I am highly aware there is sweet FA I could really do)
I agree it’s very risky, but potentially very rewarding. Investing in a place like Kurdistan is not for the faint hearted....but IMO things are a lot better than they were 10 years ago when PI’s everywhere were trying to get in on GKP
Hopefully your break even price will be reached one day....
nufc, you seen a decent chap, but you are, may I say, a typical sentimental PI. If I were to go back to your posting history, and not very far at all, as you'll recall no doubt, that you were, in contrast to many here, quite young, and so you were threatening all types of lifelong 'pursuit' on those involved with GKP for in essence, (sic) 'stealing your investment'. And I would be inclined to join you.
Now you're pretty positive based on 3 factors, none of which have really shifted the SP. Only downwards with regards the divi.
Sorry, but that is exactly the type of emotional yoyo that, in your case, inadvertently misleads others in this share.
Any rational, well meaning, person, despite being an investor, would tell a newbie here to be aware that this is an extremely high risk share. Extremely!
And at that point, I'll direct you back to the company's maximum chart.
That’s not correct.
I’ve been invested for over 10 years, took part in the OO, and I am now in a nice profit after buying a substantial amount when it was recently at 70/80p.
And yes I am actually pretty positive about outcome here. Oil price looking strong, arrears being paid, dividend landing in my account soon with potentially more to come....
In fact, I just bought a load more today.... just like the CEO did a few weeks ago!
What a load of old shi'ite!
There's 2 types of GKP investors;
1) Those who's investments are underwater. Personally I'm about 60% down and need a b/e of £5.50
2) Those that entered this share within the last 5 years.
Anyone who suggests they're in profit here who was invested at time of OO is quite frankly lying. In my near ten years here and I have seen untold numbers of rampers and de-rampers, with the former outnumbering the latter considerably, as this thread demonstrates once more.
No one who has been in this share a decade of more, who is being truly honest with themselves, can suggest they are 'really positive' about the outcome here, let alone blue sky SP outcomes, unless they are mentally unhinged like Paul.
There is nothing about the region, the protagonists in and around the region, and its proven perpetual unpredictability, that can see or feel 'good vibes'. It is a complete nest of vipers.
We could talk for hours, even await the much promised books about the company's story, or you could just look at maximum chart of its share price history....In the Middle East the visuals speak so much louder than words.
Hello 1£ ,
Im afraid I cant do that . If I did , I would be deluged by posts from my fans , both on here and ADVFN. Not all them complimentary either.
Incidentally arent Investors supposed to be +ve about their investment ? Otherwise why buy shares in the first place ?
They are organised as a quick visit to ADVFN will soon confirm . Ditto on here.
They seem to have 3 aims.
(1) Convince us GKP is a basket case OR Overvalued - currently.
(2) Put off potential new investors .
(3) "Punish" GKP whom they blame for their losses.
Pound there is a long history on this board. I have been here many years and recall sparring with many of the negative posters. Given all the attention over the years can only conclude it is an organised effort to create negative sentiment. But what purpose? My view it is to do with persuading retail to sell up so IIs hold majority of stock before a major event.
"I agree , the trouble in the past was that naive investors , many having read reports in the press re GKP, then read bboard ramping , jumped on board then got burned. Thats called experience and hopefully should not be repeated."
Surrey that's a bit of a u turn from you today, have you been in the sun too long!!
You can't post this without my obvious question, why bash my posts when i have in different ways said the same ?
I have openly said i have a target of around £2.40 ( this may change +/- as months go by ) what is yours?.
I appreciate all the responses.
Surreyscot, I have seen you are very positive (compared to some others on here) regarding your GKP investment. Just out of curiosity, would you mind sharing what price you will “start offloading tranches”?
I agree , the trouble in the past was that naive investors , many having read reports in the press re GKP, then read bboard ramping , jumped on board then got burned. Thats called experience and hopefully should not be repeated.
I gave a a valuation based on a friend on mine. One of the points he made was that big fields always get bigger , sometimes much much bigger, and there can be a premium of up to 40% paid by a buyer. He also doesnt think too much about the current PSC which is loaded in the Kurds favour.
I also have a fairly modest price in mind and will start off loading in tranches when that is reached. In the meantime we wait for events to show us who is right - one way or another.
" I’ve been around for a while and and watched this board but never felt the need or want to make an account and comment.
However, I find it utterly bizarre that there are so many users here who say they are invested in this company but like to have such a negative stance in their postings"
If you have been around for so long, should you not be asking, why do posters keep saying sold tomorrow, next month or by this time next year, why don't you question how the company is valued at x10, x20,x50 by the posters you believe are positive, why don't you question the lies from the likes of ss, why don't you question the fact that if anyone posts that they hope the share price hits £2.40, or £2,60, is a troll, because it does not fit the small group of ramp nutters agendas etc etc.
And if you have been in GKP this long, you would know GKP history has never been straight forward and the future must been seen with this view, we hope for the best but look out for all the uncertainties that comes with Kurdistan / operation updates and other world wide effects, a good investor is a savvy investor, take your pick.
£1fish don't confuse realism, competence and analysis with a lack of enthusiasm. We all, except perhaps for Invrastrat, want the company to do well. But there are many here selling pipe dreams. Typically they've got it so wrong in the past and yet they continue to market their longevity as a credential of merit. It's not. Quite the opposite in fact. Worry far more so when voices of reason have left this board because they've sold out...
SS & £1fish I agree to most of what you guys have said, there definitely certain characters on here who like to put a downer on anything remotely positive which is obviously a strategy in its own right...create doubt! No doubt there are people who trade GKP and drive the conversation to suit their own agendas.
At the same time I feel rampers do just as much harm so healthy discussion should be encouraged and then it’s upto individuals to make their own judgement and decisions. Let’s be honest if your investing based on a discussion forum without doing your own research then you are in the wrong game.
My personal view is that GKP is hugely undervalued for the reasons I have stated previously. I have a target valuation in my mind where I would be comfortable to exit and until that target is achieved or a black swan event occurs then I am here for the long run.
Accurate interpretation of company reports and accounts is too subtle for those that can't do nuance. My relative is long. I just don't take kindly to director lily gilding - yes, they all do it. Maybe you need people like me to keep my thoughts to myself to promote conspiracy theory nonsense and revisionist methods of valuation, £8bn, £25 a share nonsense on this board, a valuation attributed falsely to WoodMac. WoodMac wouldn't be in business if they wrote research reports based on such valuation methods: a case of projecting the dishonesty in such valuations on to a well known firm of stockbrokers in order for the multi-avatar guy on ADVFN to like himself better, I wonder?
You got that right 1£
Its quite simple , this is a board for genuine investors in GKP who believe the future will be better than the past.
If you are not a genuine investor , or believe the future will be the same - or worse than the past , then you obviously would not hold shares and consequently have no need to post on here.
I’ve been around for a while and and watched this board but never felt the need or want to make an account and comment.
However, I find it utterly bizarre that there are so many users here who say they are invested in this company but like to have such a negative stance in their postings. I’m not saying that all posts are negative, but there is certainly a slightly negative vibe that protrudes from certain users. I’m not sure if this is because they were burnt in the past and just dislike GKP??? Not sure why you would be invested in the company if you are then posting random guesswork reports about what oil price will be in 2050...
I would have thought that if you are invested then you wouldn’t particularly mind positive discussion now and again - I mean..... it’s nice to dream right ?? I feel that if anyone has a thought or a potential scenario that the ‘negative’ gang don’t like then they are constantly shot down.
We are all here because we think the share price is going to go up.... right ? Because it certainly seems to me like some on her have hidden agendas - maybe they are trading it... who knows..