Member Info for lejjb

Actually, JD.com does not need to make a statement if it decides not to buy Curry’s.

Why is their cost way way lower?

It also now looks unlikely that JD.com will buy Curry’s: the latter was explicit about how much money it wanted, and it refused to give full access to the data room to whomever did not provide an offer of that scale according to the suitor who walked away. So it makes unlikely for anyone to be officially open to splash out at the level requested, especially as it’s much higher than £67 per share.

Good luck to all holders nonetheless.

Https://x.com/apikur_oil/status/1764028638620463386?s=20

Can’t help but wonder if it’s a ploy by IOCs to put more pressure on Iraq.

The post comes from this:

https://www.bloomberg.com/news/articles/2024-03-02/iraq-has-a-plan-to-get-oil-exports-flowing-again-on-key-pipeline?utm_content=middleeast&utm_source=twitter&utm_campaign=socialflow-organic&utm_medium=social&sref=f2E6A62x&leadSource=uverify%20wall&embedded-checkout=true

Actually you have a point. And the article (displayed in English now) even refers to Thursday and Friday, which supports the idea there have been developments since the 26 Feb version. Roll-on Monday!

The Arabic (or Kurdish?) version includes what gavsear wrote, incl:

« He added that the resumption of Kurdistan oil exports remains a few details and will resume. »

Very belated response....

...one entity sold all its shares, the other bought shares (not quite the same amount as those sold) to increase its existing stake.

Unfortunately, such RNSs are always very hard to read - presumably this is deliberate so people cannot easily follow what's going on.

Sometimes, other obscure financial instruments are acquired / sold along side the disposal / purchase of shares, which muddies the waters eve m ore.

So unless there is some very very clear pattern (e.g. several directors buying a very large number of shares, in a way that is clearly not part of their normal remuneration), it's best not trying to pay attention to those. That will mislead you more often than not.

so this (fair payment of iocs in krg) could drag on for substantially longer. *******s.

Https://shafaq.com/en/Iraq-News/Kurdish-MP-foresees-approval-of-amended-federal-budget-in-early-March

This writer is always out of date. I recall that she has always been wrong on the direction of gas prices throughout 2023 for example, quoting views that had been discredited / contradicted by the time she had issued her articles.

Thunder2040

Your question seems genuine and stands out from the ramblings and heavy distortions of (minor or major) news updates on this board so I'm replying to you and ignoring all other comments posted since then.

First, if you read the article in question thoroughly to the end, you'll see that the KRG was also deemed complicit in the matter so it's not clear if it's due to receive any money - the only explicit "victim" is the Iraqi central government (the KRG largely operates autonomously, or at least is treated as such in the report of the decision).

Second, there have been several "the KRG / Iraq are on their way to come to an agreement with the oil producers operating in the KRG" statements since last autumn, leading to several false starts in the SP as you can see on any candlestick chart. While I have no doubt that an agreement will be reached, how "soon" is anyone's guess.

Third, it's nigh on impossible to assess the extent of a short-selling interest on a given share. Shorttracker.co.uk is the most commonly used source but all positions below 0.5% are not reported, so there could be lots of small positions from a multitude of funds from the same given II at 0.49% and nobody would know. Or there could be no other positions than what's shown. Thus, unless we are talking about top 5-10 most shorted shares based on shorttracker.co.uk, it's not worth making any guesses as you are most likely going to be wrong about it. Anyone making such claims is almost certainly somebody living on hope (or trying to influence others who live on hope).

FYI, as you can see, there are only few short positions above 0.5% for GKP - https://shorttracker.co.uk/company/BMG4209G2077/

Conclusion:

Most people on this board are clueless but act as if they know the inside story.

Only the clearest /unambiguous news (or a pattern of such news) TOGETHER WITH clear business data / fundamentals TOGETHER WITH the most obvious signals in terms of technical analysis (i.e. charts - but I do mean the most obvious signals. Most charts shared (or quoted without even any accompanying image) are absolute rubbish.)

It's all about finding a system that works for you within those broad criteria, and not let yourself be influenced away from it by people various claims and shiny trinkets - which is very very hard!

Good luck and stray strong.

The person who posted the MSCI Micro Cap index update also conveniently failed to mention that GKP is actually be demoted from the Small Cap index (onto the micro cap index).

https://app2.msci.com/eqb/gimi/smallcap/MSCI_Feb24_SCPublicList.pdf

(Page 5)

For the record (not that I can share any proof of it on a public board), I am still heavily (as a proportion of what I own) in ITM, and will be for the next few months and years (barring any massive macroeconomic or business news changing enormously the situation).

Everyone who keeps spewing lies and misinformation on this board and beyond: I am sorry for how tainted your souls are.

Everyone else: best wishes, whatever you do.

Funny how so many appear to be desperate to get (back?) in at a lower price and distort those superb results and solid forecast, if not outright lie about them.

What am I saying!… revenue more than QUADRUPLED!!

The results look great. Losses halved, revenue increases by about 50%, guidance for 2024 improved.

Looks like you are reading another company’s RNS!…

Yes, very likely to be a buy, it was bought at above the asking price.

RickSanchez - I probably overscrutinised / put to much weight on your use of the word "results" (vs "projected results" / "forward guidance") and jumped on it as if you were one of the disreputable posters of this board. Apologies.