We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
147King.
The company share price is what the market values it, this is based on various measures, namely company news, risk, POO, you also have to factor company potential and company downside, i could go on, but you get my drift.
I can't give you a value any more than any other investor, we can all have a personal view, whether it is higher or lower than the current market value, but to do this you need a reasonable and rational conclusion as to why you reach that figure.
As an example i could suggest a percentage rise of the share price once 55kbopd was achieved, given the increase of production and return, but even this can be variable due to POO at the time, payment on time and any risk at the time etc, etc.
So to conclude, your question is open ended and not predictable, you will note that i don't give a recommendation and have never given one in all my posts, we all have to take responsibility of our own investing actions, by all means take on board what other investors views are, but never act on any individual views or predictions.
A few months ago i had a personal target of where i would like to price to be, however this changed and i took a investing decision, and it worked quite well, however not all my actions are successful, but that's just the way investing in company shares goes.
No bull and Ccc what do you think the share price of GKP should be?
You surely dont expect a serious answer from that pair ? LOL
4 billion before any cash or barrel sold...
You dirty dog... Actually that's harsh on the dogs.
Maybe the ****e after.
Certainly the same poster.. Keys in the pot mofo.
IMHO.
"No bull and Ccc what do you think the share price of GKP should be?" I think the shares are fairly valued on the basis of the info that is in the public domain (oil price, US$/£ rate, Shaikan development progress, etc.). I would expect the shares to move up when the RNS comes out confirming they are now producing 55k bopd. Because i expect the shares to go up on good news, that doesn't make them 'cheap' now: it just makes them fair value for what is known now, not next week, or next month. I'd expect them to fall to half net cash if the PSC were repudiated: that doesn't make the shares overvalued now. They are fair value for what is known in the public domain NOW. Got it?
Surreyscot, I am long as you know perfectly well from when I first started to post here. I was disturbed at our Chairman's and then CEO's failure to buy when the oil price curve was in contango and that's why I asked the Chairman about it at the first agm I atttended online with this company (June 2020? I posted my agm questions here). I took no notice of the bearish posts from bigdog and mcfly because they could be expressed succinctly as "exploration risk, dilution risk, production risk and oil price gearing risk, problems which all oil companies have, although GKP had those risks more than most at the time I bought for my relative, and I wondered why the bears weren't posting about these risks on other oil company chat threads, as I would have expected if they were trying to save people from losing their money.
You owe me an apology for calling me a liar about the risk rating this company has. I posted the proof, showing this company has had a speculative risk rating since I bought, and that the risk rating is unchanged. You have been in denial about the low probability of takeover in the short term e.g. next week: it is 0.002 if it is certain to happen in the next 10 years, and your refusal to disassociate yourself from your multi-avatar mate pumping out tosh about the company being worth £25 a share in a takeover situation (changing his avatar several times a week but pumping out the same propositional content), and your otherwise informative posts under the highlander7 moniker on ADVFN showing oil field development knowledge, make you a competent fraudster. JMV. I am not surprised you resort to ad hominem when confronted with reasoned argument that challenges your fraudulent posts. There are many other things you owe me apology for, but I'll spare this blog the details, and I can see your modus operandi at work with other posters e.g. Broadford Bay - you don't deal with his arguments but just label him instead with a derogatory moniker. I expect CCC has suffered too in the same way.
Lol
No bull and Ccc what do you think the share price of GKP should be?
"Decide not pass no comment on the oilman / kurdman / bigdog users on ADVFN "
Because he is either one of them with an avatar on here , or one of the team.
Very well said CCC. Thanks. Yes, it's clear there is a small group of boiler room scammers who do not want investors here to have a nuanced understanding of the risks or to have the opportunity to read well reasoned posts, like Putup's, describing the value here in great detail: it's difficult for the fraudsters to justify the "£25 a share takeover tomorrow" twaddle when you get people posting excellent stuff that shows a detailed understanding of the PSC e.g. some of Putup's posts. Even he has been attacked by the multiavatar poster on ADVFN for posting 'negative' things. The attackers self-identify as investment bigots. It's remarkable how some people, yourself and sbb1x for exampe, just happily trade this stock without trying to defraud others, and yet with others it's a whole different story.
Nobull, yes he is of the same, even though he tried to deny it, if you go back of his posts you will find hoards of lies as he is not the brightest in how he answers, one of the best one was he continued to pump the company whilst he was selling a few years back, as his holding totals differed greatly even though he was saying he had not sold any.
Jenslehman, so the question you have to ask yourself, do you believe this twaddle that has engulfed these sites for 10 years, from the same small group, virtually every post of theirs have a sold, sale last week, today, tomorrow, if you do then there's no help for you and i would have great pleasure facing you to tell you exactly that.
Onepound, there is a huge difference to being positive about the company than working the BBs everyday with a fictional lie, i have been positive quite a few times and made healthy returns, i have also been extra cautious and have pulled out, i think you will find this in my posts, one or two of us LTHs have changed our investment strategy after years of sitting on our hands waiting and losing good money, you learn a lot with failure.
Regarding other names you mention, you will find if you strip out the irrelevant content, the rest is pulling up the same group of frauds with the everyday sold story, anyway i am not posting to defend them, i am putting across my opinion.
As with jens, what do you class as positive, total B/S or real developments such as 55kbopd achieved, FDP approved, Dividends, a new increased CPR, POO in the $90 range, a share price above £3, as examples, i think we can all determine actual potential positive news against make believe currently.
"I find it quite bizarre that you have chosen to comment on users..." I bought shares in this company despite their comments, and they haven't called me a liar for stating that the risk rating has not changed since I bought. I posted the screen shots to prove what I was saying was true, and PhuketScot just brushes it under the carpet: he doesn't answer. Competent fraudsters need to be investment bigots: they need to attack posters personally rather than deal with poster's well reasoned arguments and they need to deny basic maths reasoning. PhuketScot does that, and I am not the only person he has verbally abused. Reasoned debate is the last thing these people want, and ideally they need posters to be full of misconceptions.
Of course you do...haha.
I would love to meet you all one day. Look you all in the eye and tell you exactly what I think.
I agree with you, CCC. Look at PhuketScot's (Surrey is last place I'd expect to find him :-) change of Jeff Currie's statement about the POTENTIAL for oil prices to explode to the upside to be given the title "Oil prices to explode". The posts of Highlander7 on ADVFN superficially have the same layout pattern as Surreyscot's here, and some of those are written by someone who is not a novice oil investor: they are genuinely informative. He is not delusional, but to be a competent fraudster, some posts need to earn respect; others need to contain the untruths. Today's one here has the untruth/exaggeration. JMV.
Yet you're the only person who ever passes judgment on it.
Strange.
I see the monkeys are rattling their cages over the other site, getting all excitable with another made up sold, sale story.
If anyone outside this threesome believe this tripe, then more fool you.