RE: Good results RNS21 Mar 2024 09:51
“Watch and learn” Itsaponzi
As I mentioned shortly before the market opened, after I had the opportunity to read the results, I do hope that you are right and the share price falls towards 90. The fact is I wasn’t expecting a dividend and if those that were expecting the company to send money out in times of uncertainty sell in disappointment all well and good because in time the pipeline will reopen and when it does GKP will have the resources available to very quickly return to far higher profits and the ability to invest for the future in addition to paying reasonable dividends to shareholders.
Of course those that can make a written comment on this forum within a few short minutes of the R N S as you did can;t possibly be expected to understand the message that the company are delivering, including the certainty that they are privy to information regarding the negotiations, but as yet , are not allowed to report upon beyond the assurance that the KRG have apparently provided.
In short why would any sane person spend so much time searching for reasons to tell sensible long or short term investors in GKP ( I’m both by the way ) that they are stupid when the facts point in the other direction.
Fortunately as I’m not a wimp or an idiot the bulk of my portfolio is having a wonderful month to date. Fortunately because while you will no doubt be looking at the weekend weather forecast with disappointment I’ll be sitting beside my pool in the tropics. Hopefully with a ‘day trade’ (week or month ) profit to come if an idiot sells me some shares for 90 / 95 p