RE: SP above £2.27 Mar 2026 02:53
As an experienced (old ) person who’s already secured his retirement funds it’s easier for me than most to take a chance with money that I can’t take to a cemetery. Therefore my advice won’t suit those that are supporting families or are living on vital resources. That said my children wouldn’t want me to be too reckless, hence my Hold position on a ‘Buy’ stock that I believe will rise in price in the near future, my target being 321 or so, a penny or so above the high that followed the outbreak of the war in the Ukraine. However, Had I not been a little cautious on this occasion I’d bet a house on this opportunity.
One of the following situations could occur. 1) The current threats being passed back and forth are posturing in advance of a ceasefire, let’s say 30 days while face saving talks take place, during this time, and maybe for some time thereafter following agreements, GKP restarts production with a high albeit sub 100 oil price. The scenario Most likely in my opinion Target 321p . ( perhaps more depending upon the agreement, plus a bid premium to 370 or a bid @ + 500. ) the reason why the shares have not fallen in line with Itsatwits dream scenario. Ie “I’m right and I told you so. (95 times !)
2) Trump decides that sending troops in on the ground is too risky without first inflicting far more damage on Iran’s conventional forces., where do they hide those one million men? Men who are the relatives of ordinary people, some hung and murdered on the streets by their officers, will they fight for those same officers or flee in disarray? That alongside a blockade of Iranian oil exports. Ie. The war continues until Iran’s physical ability to fire drones and. fight back has been demolished. That Plus Iraq’s leaders are given no choice by force of unopposed AirPower other than to stop their own ‘friends,’ the Iranian supporting groups in Iraq, from attacking Kurdistan. Ie. Money talks and both Iraq and Kurdistan need exports via Turkey. GKP etc will then be expected to contribute oil. Share price climbs above 250 alongside a 2nd interim dividend, 8p ? In May Another reason why its got it wrong 96 times.
3) Unlikely but it could happen. The situation becomes extremely unpleasant as the risk factors increase far too much because Iran are now threatening to develop or “ acquire” nuclear weapons, including ‘dirty’ bombs. In that event, and no matter what Trump might say, Isreal will NOT allow it. !!! They know that there are those in Iran that would die alongside millions of innocent children for the so called glory they will receive in ‘fools paradise’ should they find the chance to wipe Isreal and every single Jew off the map. God help them because Israel will respond first because this war is viewed in Israel as being a chance to survive longer in a region whethey are Not popular to say the least. Will that happen, never say never, but I hope not for my children's sake.
Hold. Or as I said before; Buy if you’ve got t