Member Info for rogthegamer

Maybe, or based upon recent history, maybe not.

After following this ‘Saga’ for two years my feelings , at long last, are very positive, there’s certainly more ‘smoke’ than ever before. In fact, or according to yesterday’s news, Today’s the Day that a ‘fire’ will ignite and our GKP shares will fly. However, let’s see if there’s a devil in the details before we celibate, and as PUTUP said, “Much of the good news is already in the price.” Or words to that effect. We already know that 16 dollars per barrel within a complicated deal is the most likely outcome. However, the not so little matter of the 100 or so million dollars they owe us is the key to a good share price increase. I believe this works out to about 57p per each share and some of that, IF it’s in the new agreement, will go into a new valuation of the company, we shall see. So I’ll wait and see from where I live 6 hours ahead of U.K. time. ( While most of you fellow contributors are asleep and, possibly, dreaming about being more wealthy than yesterday )

As for our pessimistic friend Ms.PUTUP, I can only suppose that should the price of GKP share rise to a price above he or she’s famous “fair value” it will be fair to assume that, he or she, will ‘sell up’ and we won’t have to ‘put up’ with any more of that ‘complicated technical analysis’ gobbledygook that personally I don’t understand. Or care to, Life’s too short.

As for the other well known pessimist, we all know who. Itsa negative twit, that no doubt, we’ll have to put up with when it returns to tell us all that doom and gloom’s on GKPs horizon as usual. No matter what the share price might be, ie. If it’s 300 it’ll predict 200 incoming. No doubt.

Seriously however, I’m not too concerned about the possibility that it’s all smoke and there’ll be no fire today, I can happily stay for the yield paid on ‘local sales’ because higher profits via a pipeline could, and probably will, result in increased capital spending on future prospects and our dividends won’t necessarily increase. ( I’m too old to wait too long for my rewards)

Finally there is a strong possibility that an agreement between Kurdistan and Iraq will tempt a ‘major’ oil company to consider GKPs potential assets that include Gas and buy ‘a quick way in.’ @500+ We shall see.

I must say that this forum has been useful at times, it’s certainly saved some of my time that otherwise would have been spent searching for local media reports and rumours as a part of my research. It’s also been entertaining in terms of the various personalities that post opinions. That said only a few give us their various opinions alongside an opinion.

Opinions written under a heading that says ‘No Opinion’ are weak.

I don’t believe it ! Then who would considering all that’s been said for the past two years or more.

That said, I earn my living reading the stock markets and yesterday’s reports alongside a late price surge for GKP & GENL is a positive indicator.

That says, there could be a profitable trading opportunity buying on the rumours selling on the fact.

That said, the funds required in order to achieve a worthwhile outcome will be at risk because much of the good news is in a price that Will drop if, as we’ve seen all too often, the fanatical politicians on both sides of a divide can’t put those divisions aside for the benefit of their constituents; mostly those that haven’t been paid, but of far more importance to me, my wife and children’s Christmas presents.

Just a quick expression of my thanks to Ms. Itsapomzi. I was becoming a little upset to see the value of my GKP shares going down. Although some of the recent fall will be paid as the dividend shortly. A few hours ago ‘Its’ gleefully predicted “150s this week anyone “ ‘Thanks because as your predictions are so inaccurate I wouldn’t try trading short term if I were you. we’ve just returned to the 170s .

No PUTUP ( seems like your don’t know everything as your posts would gave me believe ) My cost of the shares price is very important. GKP is a part of a long term portfolio, in addition to it presenting numerous positive trading positions, GKP’s yield covers the cost of capital deployed while I wait for the long term potential to be realised. In this case my cost of capital is the amount that I paid, on average, for my GKP shares. First purchased following the pipeline closure, ( you won’t find a post if mine here before my first purchase @140s ) and, as mentioned here at the time, I increased when the shares were trading between 89 & 95. The time when pessimistic posts predicted 60p.

In fact my yield covers double the cost of my capital.

Or should that now be ‘Patience Tested?’

It seems that one, or both of Iraq & Kurdistan, have reasons to be wary of the other to such an extent that they prefer to disagree even when an agreement is in both of their peoples best interests.

So the IOCs are caught in the middle with no escape from reality. However, is that so bad? Ex. dividend today, which depending on the cost price of our individual holdings, means that we are being well rewarded for our patience.

Everything changes in time and pragmatism most often prevails. That or they’ll need another Trump style reminder. We shall see.

GKPs shares have more than doubled in price from the recent low of 89/90s

In the meantime they’ve paid / declared 3 decent dividends.

What’s more to ask while we wait for the self interested twerps to agree upon something that’s in their people’s best interests.

I’d be happy with that if I wasn’t so old. As I’ve said before who’d want to be the richest twerp in a cemetery?

‘Once again’ seems to be a recurring thing with Iraq/ Kurdistan oil exports. On the plus side some of the ‘expected’ good news must be in the price@190s and that seems to be holding. In short the market still expects an agreement.

We shall see

The GKP share price trend seems to be saying that positive news is imminent. Tomorrow or so we’re being led to believe. The last little 🦆in this part of GKPs volatile existence perhaps? We shall see.

Personally I’ll take a look at the wisdom of profit taking around 240. should that arrive. I will nevertheless hold some shares in the hope that the true asset value of GKP will be realised within another year or two.

Less seriously I do hope that I’m sitting where I am now in a year or two reading posts about GKPs next set of troubles, when perhaps the share are trading @ £5 only to be told by Itsaponzi that doom and gloom is on the horizon and the shares will soon be £3.50.( The only end to its foolishness will be a bid and that should be worth more than £5. )

Happy days ahead

Agreed J B good In the range of 220/40 sounds reasonable given a pipeline agreement. At that point however .the market might consider the prospects of rapidly increasing production, perhaps taking the shares up towards 300 ( dependent on the international oil price) and their is the real possibility of relative calm in the region, especially on the Turkish / Syrian borders, could that temp a larger oil co into bidding in the range of 300/500. ? Maybe who knows? Personally I’ll take some profits in the 240 region and hold some for the chance of a bid.

In hindsight it’s easy to say that GKPs results were within the range that should gave been expected.. therefore that begs the question of why the increase?

Could have simply been short trading position being closed.( those foolish enough to follow our well known fool’s lunacy)

However, I’d suspect the companies view that negotiations are progressing, a view shared with other IOCs is a reason for the increase, alongside reports of a meeting on Tuesday. Something’s afoot that’s for sure Have a nice weekend.

Not a time to be short because an agreement of sorts seems to be closer than ever. That said that’s been said before.

We shall see.

As it’s often said “buy on the rumour, sell on the fact.” In this case I’ll hold on the expectation that a decent dividend can now be better expected. I don’t suppose the shutdown cost us much too much, and we can look forward to more tankers turning up for delayed, so called, ‘Local Sales.’ As for a pipeline resumption, If two of the three most interested parties don’t want an agreement for reasons of their own, the dividends will have to do.

Thanks for keeping your eye speeded on our behalf sounds good.

I’d rather not debate ‘false dawns’ and “patience required “ again It’s becoming tedious

Come on Ponzi buy some shares, you know it makes sense. Admit that you’re wrong and make some money. I’m told golf’s expensive.

I’ll sell you a dozen or two. How about 90p per share ? No. I suppose not, the last time GKP traded @90p you said they’ll soon be 60p

T

Reason stated for the shutdown = the safety of our staff. Including maintenance workers.

As I just said It’s cruel to debate with a fool . I shouldn’t but it’s irresistible.

So it’s Wednesday’s cone and gone. Where’s 140s ? Yes you gave been proven wrong as usual. Now you hope to be Origen wrong and therefore you hope the share price will rise while you;re playing golf. No you’ll be sitting in your mum’s little house hoping the shares go down because you don’t own any .

I’’m right you losers 140 by Wednesday. Oh I love it when GKP goes down. I won’t buy any I only enjoy the belief that others ( people I don’t know) will lose and end up like me. , too poor to take risks.

Do you ever get the feeling that you’re waiting for something?

It seems that the GKP share price is hovering in a range awaiting firm news.

Hold

It’s easy to look at investments that’ve increased dramatically and say “that would have been wonderful” ( If I’d purchased it at the right time )

This page on the forum however is all about GKP, and if you’ve got the guts to buy it could be a very profitable investment, but that’s not so easy to do with real hard earned money without the benefit of hindsight. It could go ‘belly up’ as so often predicted by ‘our resident fool’ and it certainly doesn’t have the benefit of hindsight. Nor does It have the guts. It has a ‘death wish’ for those that do.

We’re stuck in a 165/7 range hovering in advance of an increase or a collapse dependent upon the decisions of fanatics, a dangerous place to be, but, hey it’s only money and if you’ve got some GKPs situation is very interesting. Buy for the ride if you can afford to lose without winging here about what you ‘ could have done instead.’