Member Info for DonBroco

2 x 250k sells mean they should be gone by early next week.

Then Buy, Buy......

so... one of the larger II's who have probably been approached in respect of any potential bid is buying, whilst one of the smaller ones who probably haven't (under 3%) is selling..... hmmmm. Not long to go now..

The.Italian - it will certainly make the P&L and company results look a little different next year won't it.

This, which makes the current share price look a little odd.

Voting at the AGM on 29th Jan!

2.2 Proposal
As at 31 July 2019, the Company had a profit and loss account deficit of £40,238,827. At the same date the balance standing to the credit of the Share Premium Account amounted to £83,512,866. Since 31 July 2019, the Company has further issued 313,832 new ordinary shares, resulting in the Share Premium Account currently standing at £83,658,484.

The Capital Reduction is proposed to be effected by cancelling the balance standing to the credit of the Share Premium Account. Cancelling the balance of the Share Premium Account will, subject to the discharge of any undertakings required by the Court as explained below, be sufficient to eliminate entirely the deficit on the profit and loss account and create positive distributable reserves. As a result, any positive distributable reserved generated by the Company after the date on which the Capital Reduction takes effect would be available for the Board to use for the purpose of paying dividends, should circumstances in the future make it desirable to do so and subject to the requirements of the Act.
It is therefore proposed that the amount standing to the credit of the Share Premium Account (such amount being £83,658,484 as at 12 December 2019) is cancelled.

RNS inbound!

Interestingly LSE is showing the 50k @ 48.5p as a Buy on 24th December, however the RNS today has confirmed it was a sell.
So despite all the speculation of MM games, this is clearly just more sellers than buyers.
Hopefully it will all come good in January...

What are the implications of this, particularly the last paragraph?

Over the past year, certain areas of the Group have underperformed, with customer churn greater than previously expected, particularly in the ‘US’ and ‘Rest of Mainland Europe’ cash generating units.

As a result, the directors have recorded an impairment charge against goodwill in the Group accounts of £27.0m, in relation to the US cash generating unit. The investment in Proactis Overseas Limited (relating to the 2017 Perfect Commerce LLC acquisition) on the parent company balance sheet has also been impaired by £47.6 million.

The estimated recoverable amount and the resulting impairment charge are subjective due to the inherent uncertainty involved in forecasting and discounting future cash flows. As part of our audit work, we determined that the impairment charge has a high degree of estimation uncertainty, with a potential range of reasonable outcomes greater than our materiality for the financial statements as a whole, and possibly many times that amount.

There hasn't been a Feb update either in the month of Feb, or to reflect the Feb payment (Jan payment was in the April RNS).

The gap between the last two payment RNS's were 19/3 to 26/4, so as it the 11/6 it's now considerably longer.

… at the same time we have our Finance Director leaving the business. Coincidence?? I hope not.

Really?

At time of posting GKP down 8.91%, GENL down 7.01%

Only 4 trades in the first couple of hours... what's going on?

Baron's actual tweet was:
Holding #OPHR will shift some when the mkts reopen Weds.'Boards of Ophir and Medco confirm they are in discussions about a possible cash offer to be made by Medco for the entire issued and to be issued share capital of Ophir' . Deadline 28 Jan #OphirEnergy https://www.ophir-energy.com/press-release/statement-regarding-the-potential-acquisition-of-ophir-energy-plc-ophir-by-pt-medco-energi-global-pte-ltd-medco-a-wholly-owned-subsidiary-of-pt-medco-energi-in/ …

I took it that he was looking to shift a few too...

Fingers crossed for a prosperous month!

50 day moving average has just dropped below the 200 day moving average!

Great find 4leafclover, also includes the following:

The KRG currently exports over 400,000 bpd of crude oil. The KRG’s policy of maintaining consistent and timely payments to its producing oil companies has led to more investment in its oil fields, stabilising production levels and paving the way for further production increases during 2019. These export achievements generate more revenues that will help to reduce the KRG’s overall debts and aid the economic revival and sustainability of the Kurdistan Region. The KRG’s policy of supporting its producers provides further evidence that Kurdistan’s PSCs are a win-win for investors and the citizens of the Kurdistan Region.

Let's hope that final comment is true of our revised PSC.

This is a board for discussions relating to GKP not Day Trading.

There are other boards for that, because the majority of people reading your posts probably haven't got the faintest idea what you are on about.

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Neither has he.... he used to spout the same old recycled garbage every day on 3i as MikeyAdmin- shame he found his way over to here as well.

I'm not sure what his reason is for being here, but not sure if he has time to Day Trade with 31k+ posts to his name!!

He who called 216 as the bottom.... nice call MikeyT21 !

Just hit 230 after going like a steam train.

Wonder where it will end up at today's close ?

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Back where it started at £2.21 - some steam train that was.

The most individual after hours trades for some time, over 200k shares at significantly above the stated closing price.

Hopefully bodes for a better day tomorrow.

You're meant to be the spy you tell us.

BroadfordBay - as you are on, can you post a link to those Turkish websites detailing the alleged problems. Thanks

BroadfordBay's post about the reports on Turkish websites has also been deleted. I registered here to ask him that if this informationis so freely available if he would be kind enough to post a link.

I'll use Google translate to do the rest, but think I'll be waiting some time...