Member Info for Mulder

Several other directors also holding hundreds of thousands of shares here also.
Can't say they don't have any skin in the game.

Iraq expects to resume oil exports from northern oil fields to Ceyhan in few days, an Iraqi Oil Ministry source who spoke in condition of anonymity said.
"Talks are continuing with the KRG to reach a new mechanism to resume exports.We expect to reach an agreement in a few days.”

By the Malaysians
Current share price is for too low.

Vedant Patel, US State Department Principal Deputy Spokesperson, told Rudaw’s Diyar Kurda during a press briefing late Monday that Washington has “urged the governments of Turkey and Iraq to resume the flow of oil through the Iraq-Turkey pipeline, and disruptions to global energy supply would not serve anyone’s interest.”

“We also understand that the Kurdistan Regional Government is in discussion with the government of Iraq to find a mutual, acceptable path forward on related budget and hydrocarbon issues as was discussed during the February US-Iraq Higher Coordinating Committee in Washington,” he added.

https://www.rudaw.net/english/kurdistan/270320233

P/E of 60 is what you need to focus on. 10 is considered reasonable. 15 to 20 max for a healthcare stock.
This should be trading around a pound, no more.
Profit of just £8M? Awful.
The board turned down an offer of 315p!
Simply to save their own undeserved fat cat salaries. Like I said clowns. Ash especially. Shareholders got shafted and saw shares collapse to 90p which is true value here without new management and a new CEO

Same again armas. If you can't hack it or find this too stressful sell up and move on but please stop whining!

Basic rules of investing : -
Diversify
Only invest what you can afford to lose
Do not be overweight in any one stock, <5% per stock is a good rule
If you can not tolerate days like today you should not be investing in shares
Stop whining or saying you will sell out, posting publicly on forums
Institutions move share prices, not bulletin boards or small private investors

How much geo political risk is built in?
A P/E of 2 is ludicrous (even 10 is considered cheap generally)

& Iraq has been with holding payments from the KRG.
Both are equally culpable.

No reward without risk.
& why are you not diversified?
You come across as an amateur.
Hold a minimum of 30 stocks. You bought in knowing the risks and rewards. No one forced your hand people.

Nothing fundamentally has changed.
A few days of downtime in exports does not warrant this sell off.

.

"Until the 2023 budget bill is approved, the Kurdistan Regional Government will continue to sell its oil," this is the latest agreement between Erbil and Baghdad, which was produced as a result of the visit of the Kurdistan Regional Government delegation to Baghdad today (Sunday, 26-3-2023).

After the budget is approved, the oil issue will be managed jointly as agreed in the budget bill.

"We are not against the Kurdistan Region being given its rights, whether in the budget or in oil. The constitution says that oil belongs to all Iraqis and the Kurdish people are part of the sons of this country," said Bassem Gharibawi "There must be compliance with the laws and the constitution, and the management of the oil issue must be in the hands of the federal government.

According to the agreement between Erbil and Baghdad; In the 2023 budget, the Kurdistan Region will export 400,000 barrels of oil per day.

***"The Kurdistan Regional Government (KRG) will resume oil exports through Turkey tomorrow or the next day," said Nehro Rwandzi, deputy chairman of the Iraqi parliament's oil and gas committee.***

"Until the 2023 budget bill is approved, the Kurdistan Regional Government will continue to sell its oil," this is the latest agreement between Erbil and Baghdad, which was produced as a result of the visit of the Kurdistan Regional Government delegation to Baghdad today (Sunday, 26-3-2023).

After the budget is approved, the oil issue will be managed jointly as agreed in the budget bill.

"We are not against the Kurdistan Region being given its rights, whether in the budget or in oil. The constitution says that oil belongs to all Iraqis and the Kurdish people are part of the sons of this country," said Bassem Gharibawi "There must be compliance with the laws and the constitution, and the management of the oil issue must be in the hands of the federal government.

According to the agreement between Erbil and Baghdad; In the 2023 budget, the Kurdistan Region will export 400,000 barrels of oil per day.

***"The Kurdistan Regional Government (KRG) will resume oil exports through Turkey tomorrow or the next day," said Nehro Rwandzi, deputy chairman of the Iraqi parliament's oil and gas committee.***

Will not be selling but adding.
Down the line any shares bought tomorrow could net a 30% dividend yield.

https://*************.com/views/67553/what-does-the-ruling-in-favour-of-iraq-potentially-mean-for-companies-operating-in-kurdistan-share-suspensions-tomorrow

.

https://www.rudaw.net/english/kurdistan/260320231
How temporary is temporary?

Why would Xi want to hurt one of his own companies?
Sinopec.
Multiple companies operate in Kurdistan from all over the world.

What contingencies did Barzani and the KRG have in place? This situation must have been known about for months. Insiders dropped the SP Friday. Insider trading is rife. KRG oil will still need to be sold one way or another.