Member Info for highlander1970

I reckong that the politics of this will be turned on it's head in the very near future with the help of the US and the likes. The Kurds will have to relinquish all the rights to the oil contracts to Baghdad in return for part of the budget. I think that it will be when that process is finished that the OIP numbers will be looked at again by the ICG and we may see some bigger numbers being released in line with what prople actually think is there. My reasoning behind this is that the ICG will want to borrow money (as always) from the intrernational communities and they will need some big numbers for reassurance. Whether GKP see any value out of it I don't know, I certainly hope so but we'll have to wait around to see what happens. Unless of course there is a sale in process (I doubt that personally). Whichever way, the SP is well below where it should be. The VCP deadline has passed with a fail and Nil points. (happy enough with that outcome!)

a quick fag packet calc gives Shaikan per barrel value at less then $0.097 for our woefully deficient number of 615M barrels RESERVES

so GKP have around $150M in the bank and are at this point today on backpay of $60M ($48M Net) and with a current MCAP of £208M the value of Shaikan and assets on the ground is getting less by the day even with the rise in oil price recently. Converting the above at $1.34/£ gives a total of £148M versus £208M MCAP

if the old directors still hold any of their shares? According to LSE (still showing) Simon Murray bought 160,000 at 196p for a total of £313,600 which would now be worth (1600 * 89p) £1424 And I thought I had losses here! Thankfully my average was far less then Mr Murrays at the time but this is still hurtful to see the price where it is just now. Seems as though Iraq is about to decline backwards as well with the new policies being put in place, have a look at iii to see the womens rights posts.

you are supposed to RNS price sensitive information to share holders!! What date passed yesterday that YOU have failed to comply with your own targets? Care to explain?

and that milestone (or is it millstone) should have been RNS'd yet still the thieves stay quiet

today was the day http://www.lse.co.uk/share-regulatory-news.asp?shareprice=GKP&ArticleCode=yhuyx6wg&ArticleHeadline=2016_Staff_Retention_Plan

http://www.msn.com/en-gb/money/news/bitcoin-dollar64m-in-cryptocurrency-stolen-in-sophisticated-hack-exchange-says/ar-BBGl5rN?li=BBoPWjQ&ocid=UE03DHP

well, we all hope it comes good in the end, that is what it is all about, I just never envisaged the games that would be played out with this one. If this was ever to get valued properly against the assets it has then we would all be laughing it off instead of wondering if real value will ever be seen. This is now my only share that has anything to do with the middle east as I think it is still a tinderbox of trouble out there and it may well get an awful lot worse before it gets better. I just hope we all do well before that as this has taken way too long so far.

LOL 5.2 million!! (in old shares!!) that's a lot of money to have on trust with these lot! I'm in the 10's of k shares as well but it fluctuates with the SP as I work my average down and I totally understand the spleen venting, I do it as well, it only goves a temporary respite though until you look back at the screen again. I do think it will rise at some point and I hope I have worked my average to a point to actually make some money out of this turd but I despise the politics and untrustworthiness of this bod that we have been given here.

can't trust anything to do with GKP I was having a look round to see if there was a name attached to the biggest holdings but, to date, have never found anything

at the moment is worth (assuming still $157M) $157m/1.34 = �117M / 230M = �0.51 per share

I am now going to have a look at the others that are currently listed versus the notifications we have had so will post up the major ones, not all as obviously it will get tiresome and boring 14th Dec 2016 COWELL & LEE ASIA CREDIT OPPORTUNITIES FUND sold down to 11,476,426 (4.948%) from the morning star website, they are not even listed any more even though smaller holdings are. So those are the 2 holdings notifications we have had after consolidation. Lansdowne (Nominees by the looks of it) had over 10% at one point http://www.lse.co.uk/share-regulatory-news.asp?shareprice=GKP&ArticleCode=duo4rhae&ArticleHeadline=Holdings_in_Company No mention now so there is some major shuffling of shares going on under the radar by the looks of it but there is no way of verifying anything and the company is telling nothing. It is being run as a private company now and with over half the MCAP currently in cash in the bank, this stock is so much undervalued at the moment it is scary but it is so crooked that that is scarier. One thing's for sure, I would never invest in a company again where I see ANY of the names that have been involved in this one! And it is getting a lot like that for the entire UK market. It is a very twisted institution nowadays are there are zero repercussions that happen for the crooked dealings that go on. But I bet everyone investing here has had to do their FCPA courses!

Invstrat, there are shenanigans going on in plain view as far as I can see. Lets look at the share register for a start. I have been looking for an up to date listing of the shares held by whom in GKP recently just to see who may be messing with the share price. We have had quite a few RNS's this year telling us who holds what and when they got them. It appears that we are missing more than a few TR1 Rns's telling us who has sold!! For instance: http://investors.morningstar.com/ownership/shareholders-overview.html?t=GKP&region=gbr&culture=en-US&ownerCountry=USA This reports that GLG Partners, as at 31/10/17 held 351,473 shares that is down from: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=GKP&ArticleCode=wu6luvxk&ArticleHeadline=TR1_notification_of_major_holdings 5th July 2017 when we were informed that GLG Partners had a total of 11,096,124 (4.84%) shares in GKP having previously sold down from 5.75% It is clear to me that the major shareholders are indeed baling out and the company ARE NOT informing the market. But even then, when you count up the shares that are declared on the open market, it STILL leaves 176 Million shares unaccounted for. Normal PI's have such a headwind here to get any information from these lying gits that it is no wonder people have disengaged from discussions about this company. Little wonder when the CFO turned round and stated he wanted to turn this into the most boring stock on the LSE. But, people are averaging down, funds and insti's are reducing their positions and PI's are getting percentages up again. I have been buying now and then to lower my average with the hope that one day these lot might actually do their job for a change or that it may even go up in value (small hope there but I am ever optimistic if not totally ignorant and hard-headed!) and others will have been as well so the small pi's footprint will again be growing in here and JF and co may get a surprise when they coma out from under their stones. We live in hope at least and my hope is that they do not see a penny out of the horrific incentive plan.

if they don't qualify then they don't get that's the conditions that they themselves wrote obviously thinking it was an easy target after selling shareholders down the river for their own devices. I for one hope that the price does not rise to allow this highly disgusting payout to these lying crooks that infest the boardroom here. If they change it then they are worse than even I think they are and that's not good. They're not on my Xmas card list, that's for sure!

https://news.sky.com/story/bitcoin-crackdown-as-uk-mulls-cryptocurrency-regulation-11156088

ooh ooh me me!! Liar, incompetent and a coward any raises?

That didn't last long! LOL

I would wager that he has been brought in to do the new management incentive scheme as the last one isn't quite panning out as they had planned yet so they need fresh ideas to fill their pockets. Are you watching this FCA?

ANOTHER snout arrives at the trough DIG IN, it's free money apparently!! Unless of course you actually own shares or have to work for a living. So which particular part of the government are you involved for which country in Mr Jaap?