RE: Valuation - Is £19 fair ?12 Jul 2018 12:08
but taff, 111notout and all his other banned avatars are/were saying a sale is just around the corner (well he has been saying this for over 5 years, so you can figure out quite easily how bright this guy is!) so if it is so close why are we trading at 10% of his sale price?
and who is deramping exactly?
there were some morons on here like helx and durby who were saying this was going to 1p even post consolidation and refinancing, but they have since scuttled off like the cockroaches they are, but other than them i see mostly realists........
then there are those like 111notout who are just as bad as helx and durby but just at the other end of the spectrum, misleading purely for their own agenda
111notout has been consistently wrong for over half a decade yet still has not shown a fraction of shame or humility
so why arent you saying beware of the rampers, they are just as bad as the derampers surely?
well done for buying sub 100p and having your average down there.......the lowest i got was about 92p after picking up my full allocation at the equivalent of 83p.......but because of previous buys my average is still just over 600p
there is nothing wrong with being grounded in reality and hoping for multiples of todays price whilst not actually expecting it, if all goes GKP's way then yes we could see multiples of todays SP, but when has everything ever gone GKP's way?
a sale is only ever going to be based on what someone is willing to pay, not the figures trumpted by some lunatic that was buying at £400 + per share in old money
if oil climbs between $80-$90 over next couple years, the ICG and KRG come to some arrangement, GKP are above 55kbopd, PSC revision 2 is good, next CPR is good, then even without a sale we could be around the 500p price, with a sale maybe the 750p - 800p region.................that is being real...............£25 per share is not