The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Would be helpful if the company provided their explanation as to why the FDP is delayed? Is it because of the dispute between KRG and Baghdad? Or is it because GKP refuse to invest more while this dispute hasn’t been resolved?
Indeed. There has been a lot of negative posts here basically trying to prove that 36% divi has been bad news. Also lots of calculations shown about cost pool which seem to saying it will go to zero next year and GKP will never invest again. These guys are making me laugh.
Always said that US will bash heads together in Iraq. Looks like it is going to happen. Long overdue. Most people in power in Iraq and Kurdistan are only their because of US.
Won’t be surprised if new buyback with no daily caps is announced as well. Shorters running around with pants on fire
BB give it a rest. The precise cash figures don’t really matter here. The point is GKP is a debt free oil producer that is churning out cash. They have no clear plan on spending the money so can easily afford to return 50m plus to shareholders this year. Sure KRG could stop paying and oil can dip below 60 but that’s a risk am happy to take. Anyway as a non investor why are you here?
So messaging from GKP is that FDP is ready to go. And certainly KRG must be desperate to lift oil pumped. GKP have no debt and not likely to ask for any more so unlikely they will be the partners to develop Shaikan to 110kbpd plus. So what is going on in the background. What will break the stalemate. Hmmmm
BB sounds like you’ve convinced yourself to never buy GKP. Have to ask why you are here if you are so convinced it’s a bad investment.
Hmm targeting Chinese companies. Wonder if US Embassy staff have had a word with Baghdad and told them to get their act together.
Yep think Jaap is hopeless.
Strong oil price has contributed a very strong case flow allowing GKP to pay chunky dividends. Barring a complete collapse in oil price it should declare another dividend in the year. In the meantime I look forward to 12% dividend at the current share price. Previous guidance was 44k to 50k for the year so maybe disappointing that top end bought down to 47k but all that really matters is that it at least achieves the bottom end. With further weakness will look to buy more. Happy holder
How many oilers out there are debt free and returning all their spare cash to shareholders.
With debt paid off GKP is now a cash machine. The 85m spent this year will also be recovered.
Is BB a Baghdad agent?
A lot of wise investors are now jumping on the GKP bandwagon. For example John Rosier and Barron are on-board. Now is the time to buy and hold. With news would expect GKP to hit higher SP. But am in it now for the dividends.
Good on you gdog. Am still holding half my TRMR after selling mid 600s. If results are good on 17th then may add as looking cheap. TRMR is getting taken down by tech sentiment.
2.2p is my buy more price. Too low now
Nonsense Putup you have been talking this share down forever
Sounds like US has been bashing a few skulls in Iraq.
Putup seems gutted that GKP sp is up 13% today.
The Barzani statement is not about their PSC’s and whether they would change them with IOCs. It is about the Iraq challenge that KRG doesn’t have any right to agree any kind of contract. 2 very different things.