Member Info for rogthegamer

Clearly GKP are considering share holders. Good marks for that. Onwards and Upwards

As I mentioned yesterday don’t assume GKP will restart production even if Iraq’s oil is being pumped along a pipe to Turkey, and as I said, in that event our shares may drop alongside the disappointing results that ARE likely. Albeit not enough for Itsatwit. However, the loss of short term profits does NOT change the fact that the oil price WILL remain high When, not if, the war concludes. ( weeks not months, probably ) The reason why the current market price is, so far, telling us that better times are ahead.

In addition to the release of international oil reserves almost all countries in the world are drawing on emergency reserves. In Thailand where I live for instance, this week I’ve seen several road tankers on route towards Bangkok ( where some people are complaining about having to pay B31 ( 75 pence ) per litre. ) the profits that will be made replenishing stocks while the damaged infrastructure is being repaired following this crazy situation ( created by leaders with agendas that pay little attention to the best interests of ordinary citizens) will be the increased dividends that history tells us GKP will distribute, in that event £3 is far from being an unrealistic projection. We shall soon see. In the meantime I won’t be too concerned about a short term paper reduction in the value of my GKP holding. That said, I doubt that I’ll be buying into any small dips while I reduce gold and switch out of Asian currencies if China suffers too much from high oil prices. But that’s another story within my diverse strategy.

Hold GKP 💪

This seems to be progressing as I predicted when I posted Re. This (war) being the “End Game” ( please forgive the word ‘game’ as people are losing their lives) ‘The end game’ because after having their evil tentacles severed Iran is weak enough to fall. It’ll take a while but not too long. In the meantime oil has become a very valuable commodity and the lure of that seems to have “ bashed heads of different kinds together “ so to speak.

Now as I predicted GKP will probably gain most after the war when, as our returning friend Belgrano just said “ reserves will take a while to be replenished “ or words to that effect.

However don’t assume that GKP will open the taps tomorrow. There’s been more drone strikes today, if they still require more security guarantees and our dividend is suspended, our share price will likely fall. On the other hand, if they do say the taps can open relatively soon the share price will continue to rise, beyond £3 I expect. You pay your money and make your choice before the benefit of hindsight kicks in. That’s the skill in share trading,

Good luck to all of those that stuck with this share, we deserve the reward for having the balls ( women included)

Apparently Iraq and Kurdistan have reached an agreement regarding oil exports via Turkey. Therefore the next step, should that actually be true, which is far from certain, will now be to obtain security assurances that allow GKP etc to resume production. We shall see, perhaps tomorrow alongside results.

I believe that the recent U.S. attack in Baghdad against the leader of Iraq’s Iranian factions was a warning for Iraq that they have listened to. Maybe maybe not and Iran can shoot at Kurdistan directly. However, and as I have recently mentioned here, our share price strength is a strong indicator that better news is likely.

Again We shall see but. Strong Hold ( if you can stand the risk. )

Share price movements in advance of results and / or important announcements are usually a reliable guide. In that case I don’t expect any / too much ‘new’ bad news, and even if our dividend is delayed, that’s in the share price already.

So taking account of the fact that we’ve closed down our production and we’re in the middle of a war zone, why are our shares performing well? Personally I’ll repeat my previous statement that this appears to be the ‘End Game’ the end of Iran’s power in the region. Therefore when, not if, our production resumes, oil prices (profits) will remain high for a while as emergency stocks are replenished. Also and of great importance to Kurdistan, the Iranian factions in Iraq’s leadership that hate the Kurds, and will always do so, have been defeated, some decapitated. Literally killed and cremated at the same time.

Hold ( If you can stand the loss of your money if this war goes on for very much longer. )

It seems that the 20k or so road tankers previously used by Kurdistan might / could be used by Iraq to transport oil to Syria and Turkey. There’s certainly money in that for some. Of course a pipeline to Turkey would be far better solution should that become reasonably safe to use. Albeit Not something that Iran would like to happen and they will put pressure upon their friends in the Iraq leadership to allow armed supporters of Iran in Iraq to stop that by any means. But will that happen or will Iraq decide that the revenue from some oil sales at high prices in the absence of southern exports is essential ? We shall soon see. We shall also see if Kurdistan insist upon security guarantees for their own oil to flow ( including our oil ) Iraq can TRY to control those Iranian supporting forces if they choose to do so. OR, if they don’t / can’t and attacks from Iraq on Kurdistan continue / increase Will Isreal / and or the US attack Iraq as a supporter of Iran?

This is a dangerous situation and GKP faces several new serious risks alongside the potential rewards of high oil prices, if production resumes.

GKP has never been a share for widows and orphans and those of us that are strong enough to hold always knew or nor know the risks, that or, like me, they have SOME of their eggs in this volatile basket. ( Not all, which would be stupid. )

We shall see, therefore Hold if you can stand the potential loss in the short term. Or Buy GKP if you believe that oil prices will remain high after the conflict because this bombardment of Iran can’t continue indefinitely.

Despite the current situation, we all know what that is, GKPs share price is holding up. Ie. The market is looking ahead, and history tells us that the market is generally correct. ( it reflects the opinions of those that put their money on it ) ie. Those that know the most with regards to what will, most likely , happen in the future.

In this case it is my opinion that Iran’s current leadership are on their way out. Albeit ‘kicking and screaming’. Hence their attacks on soft targets in gulf states that are wealthy because they support the west. When, not if, Iran is pummelled into defeat the loss of their oil alone in the market, pending reconstruction under a government that the people of Iran can support, will ensure that oil prices remain high for a period of time. Time when GKP are pumping oil in the absence of the Iranian weapons that are no longer being fired. ( how long can Iran survive under this bombardment . Weeks not months I believe )

Finally; would you sell life insurance to any future employer Iranian leader that Trump doesn’t support ? I certainly wouldn’t.

While I maybe right, I could be wrong, and this can be called a ‘Rant’ However, I’m free to speak unlike the ordinary population of Iran, now with that said, I will say that this appears to be, at long last, the ‘EndGame’ with regards to the destructive, to Kurdistan, nature of Iran’s influence in Iraq . Yes those Zealots that attach themselves to religious doctrine will still hate the Kurds as they always have, and the West in general, especially Israel, a country they’d like to end the existence of in one giant nuclear war. BUT They, the zealots in Baghdad , are losing in Iran where they need support, including, and of most importance to GKP, the Kurdish part of Iran, the area in which the US / Israel are NOW actively degrading all military bases/ infrastructure. The Kurds are NOW massing their forces on the border in preparation to ‘ Go In’ as soon as Iran’s military has been weakened enough to guarantee success with the support of total US / Israel air power and, importantly, the support of the local Iranian Kurdish population that hate Iran for many valid reasons.

Therefore when, not if, Iran are defeated an autonomous Kurdistan will in effect exist in Iran bordering the autonomous Iraq Kurdistan region. At that point, and very soon, Kurdistan will have enough power to insist upon the right to sell their oil through a pipeline that is due in September, for a new agreement with Turkey, and Importantly, the Iran supporting Zealots in Baghdad won’t be able to do what they did to Kurdistan before, cut their pipeline income off. In effect including GKPs. Pipeline Income for over two years before Trump returned to power and threatened them.

In the meantime, what does the shutdown cost? Ten million a month of lost profit, ‘chicken feed’ compared to the future prospects without Iran’s interference. This I believe is why our shares are holding up, in fact they are higher now than my own recent Buy recommendation . @173.

Hold ! Our time is coming. The time when the REAL value of GKPs massive assets will be recognised in a world that needs oil.

If they, ( Iraq’s supporters of Iran, ) are not willing to be pragmatic. Ie. Except a need to back the winning side even if that’s the one you hate, the USA. You take the risk of becoming an enemy of the USA, and that’s something which will be extremely bad for the general population of Iraq. Should they care for once? Um. Doubtful if history repeats itself.

Not supporting the winning side ( U S ) runs the risk that a newly unified Kurdish peshmerga will insist upon independence as a price that the USA must pay for taking on the dangerous role of being ground troops, with the backing of US air power, But without the help on the ground of Americans that Trump will not send. Ie. Independence as a reward for doing Trumps dirty work. ( including keeping Isis in check )

Then my friends What will GKP be worth ? A lot of money I’ll surmise. Hold

Well C***eye you are getting your knickers in a twist today, is that because your dictator friends are being town apart and all that they can do in response is to target civilian infrastructure in the wider region . The fact is Putin’s Russia are being tied in knots trying to defeat Ukraine, 3 years in and they’re bogged down getting nowhere. As for China they need the oil and they aren’t getting any from Iran and Iraq. Iraq of course will soon need oil revenue including Kurdish that we’ve cut off until they provide security guarantees.

The despots that murder shoot and hang thousands of their own people to keep them under control are playing their last cards in desperation. I’ll give them two weeks at most before they fall.

Finally C***eye you are, would you like to be the next Iranian leader ? No it’s a dead end job, literally.

The fall of Russia is almost achieved.

****eye. it seems that you’ve been indoctrinated by putiinology . ie. cr*p. live film shot in israel tells a different story.

p.s. while i’m here i may as well add my customary bullish note. my last recommendation here ‘buy @173 ‘ still seems reasonable under the current, (temporary ) circumstances. as always things will change and iraq / kurdistan will need to sell oil. it’s all about money and the power to increase wealth and status. ie self interests under a cloak of religious doctrine.

have a nice day. no worries hold

Best Ask Itsaponzi, he’s always a doom & gloom seller. Now that brings to mind, where is the creep? Waiting for GKP to hit 300 so it can say 250 incoming, I’d suppose. Or has it finally given up on its foolish crusade?

Excuse me Ms. Itsaponzi but did you not say 150 incoming when I said buy @ 174. Who has something to learn?

This time do the honourable thing if your big enough, answer honestly.

Well what do you really think It’z a Ponse ? Not exactly 150. More likely to be 200 incoming after I bought in again @170s ‘As posted here at the time when Zee Ponce etc. are predicting doom and gloom. Get a life. Make some money, buy when the time is right. Then spend your time spending profits instead of worrying about doom and gloom on route to an early grave.

As I said here immediately after the update Buy GKP @171 As I did, and said, myself, while Itsatroller predicted 150s again, wrong again. My advice now is give up on your crusade here and leave share price predictions to those that know something about share trading / investing, those that put money where their mouth is.

180s now! Up already and in profit on paper, just a pity that I’m not trading, that would have been a good 24 hours.

As expected our merchant of doom and gloom, Itsatroler, has reappeared following disappointments in the update. Itsis obviously happy because that’s how ‘trollers’ get there kicks in their sad lives.

The facts however remain favourable, the downsides related to the changes that GKP have been required to circumvent. This I believe will be a new starting point and better news is in the Pipeline. So to speak. Therefore 171 is a buying opportunity and that was precisely what I did yesterday, albeit on a small scale because I’ve retired and no longer trade.

By the way Itsaponzi while you’ve been predicting lower and lower for the entire almost 3 years that I’ve been in this stock and making nothing I’ve been feathering my retirement pot while I live in the sun ( how has your winter been? Bad I believe. And that’s what you deserve for being a wimp.

Interesting indeed Victor384.

Thanks for your take on a situation that’s more complicated than easily meet the eye.

To be clear starsalign I do ‘believe’ GKP currently represents good longer term value in the 175/8 price range, and perhaps into the 180s / 90s, however, when I traded shares that was Always following extensive research, something that I have no desire to spend too much time doing in retirement. Therefore I can’t say I know enough to be as firm as I previously was on this forum with my opinions. Ie. I could well be wrong, albeit not so wrong as to say 150s are incoming. At that price I may well buy myself.

I called the current price a probable bottom a couple of weeks ago with a hold as my own ‘Long Term’ position, (following the sale of my trading positions on receiving the long awaited pipeline open news )

I’ll now stick my neck out, so to speak, and buy for the long term at this 175/8 price, that said my own circumstances prevent purchases of any shares in any company, I’ve retired and I’m not up to full speed with the latest news. So take my advice with a pinch of salt while we wait for the next set of RNS announcements.

Many thanks Delta 9 . I do keep an eye on posts here that save me the time to search for local news items, hence I noticed your kind words. In my last post I attempted to call a bottom following the recent fall. In that respect today’s movement is encouraging, but no more than that until the facts of GKPs new situation are fully revealed, including the arrears. As I posted at the time, I sold my trading position to help finance my retirement but I have retained my long term interest in GKP for a reason. Therefore I’ll post from time to time when I’m considering another change in that long / medium term hold position.