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Just had an email to say GKP moving so thought I’d have look. A little late in the day which always arouses my suspicions. I’ve been away for a bit and not paying too much attention so forgive my ignorance but, what has been agreed prior to this potential costs deal, is this the last hurdle before exports can resume.
If you’re so sure a deal will be done and share holders will be screwed, why do you bother to hold your shares. If China wishes to buy a listed company, there’s nothing we or anyone can do to stop them. The Canadian oil company Nexen was bought by CNOOC around 10 years ago and they inherited some big ticket producers in the North Sea and beyond. No one stepped in to prevent the takeover, it’s strictly business. Your constant blathering about geopolitics is incoherent, incorrect and very dull. You may be right that the Chinese won’t acquire assets in Kurdistan, if they wanted them, they’d have them by now but, your reasons are utter fantasy.
I remember, many years ago, a Chinese company was “running the slide rule over GKP” and it was even reported on Bloomberg. The headlines were sensationalist, with quotes like “Chinese locked in data room”. It all fizzled out to huck all of course. If the Chinese are looking for cheap assets in Kurdistan, they could have picked them up for a fraction of their current worth so, I suspect, they’re not interested in GKP or are/have been put off by something they know that we don’t.
Ponzi,
Please sell all your GKP stock and find another board to spew your guts on. I’m sure I’m not alone in being board shiiteless with your constant blather about how bad things are at GKP and 90’s are coming. We all know things are rosey, that’s not news, it’s been like that way for a very long time, accept it or sling your hook.
What an endless source of Shiite information you are. Iraq is a member of the Arab league, Iran is not. Iran still harbours animosity from the Iran Iraq war and still holds Iraq accountable for reparations. Regardless of religious connections, Iran is Persian Iraq is Arab and it has sided with its Arab brethren in the past against Iran. There’s a whole lot more to this than your obsession with Shiite.
I very much understand the influence that Iran has and it’s over stated. Iranians are culturally Persian, Iraqis are Arab. There is still a significant Sunni population in Iraq and they have been disenfranchised since 2003, until they have more representation in the government of Iraq, the ship you refer to may have sailed but, it hasn’t gone too far away.
“Baghdad doesn't care what the US thinks now, especially this Administration, as it has (what it sees as) equally powerful, or more powerful allies in the BRICS pact”
Baghdad does care what the US thinks, the BRICS won’t support them if/when ISIS appears.
Ponzi, I think it’ll be worse, I think they’ll say they haven’t sold a teacup full and the CEO has bolted with all the money and an earthquake has shattered the ITP into a million pieces and the shares will plummet to .0000001p and Saddam Hussein is back and he hates Kurds and is going to tear the whole autonomous region asunder. AIMHO of course.
Not sure what your message is, you said:
“If you think advice on not investing in Kurdy oilers right now is bad investment advice, you really shouldn't be investing”
Your interpretation is, if you’re not already invested in the likes of GKP, you’d be foolish to invest now? Can you give us a reason why you feel this way
****eye, i’m not saying manure’s advice is wrong but, i’m a big boy and i’ll take no lessons from them on what i should invest in and, i’ll caution others to think likewise. they say avoid yet, peel hunt say buy as, this is a turnaround stock for 2024 and, i can see why ph say that, it’s debt free, undervalued and could self fund a plan for growth, once, not if, the itp is flowing. manure say avoid because of what, geopolitics? that’s a lame excuse, the whole middle east is a tinder box that could go up anytime. if you haven’t got the minerals for risk, this share isn’t for you.
If I’m going to avoid anything, it’s recommendations from utter-manure-gordon. I took a recommendation from them many years ago and lost the whole stake. I even attended a meeting with them and their client and was told with a straight face that everything was kosher so I bit lip and 3 months later they had bailed out and the company folded. If I could get my hands round that chinless wonder’s throat…..there’s risk and I’m aware but, there’s also a reward for those who can stomach the bumpy ride.