Member Info for Swell2316

Belgrano,

I’d like to think there’d be some sort of positive update that would help the share maintain its current price but, judging by GKP’s previous lack of updates, I won’t hold my breath. I’ve set a stop loss for this reason.

Only my opinion but, I’ve heard the ‘takeover RNS due anytime’ nonsense spouted regularly for the past 12 years, it ain’t happened yet and I doubt it ever will. More than happy to be proved wrong.

Judging by the poor weather in Northern Europe I expect a demand for aviation fuel as everyone heads for some sun and the US driving season kicks in. As for Bali, notwithstanding the odd typhoon, it’s glorious the majority of year isn’t it. 👍🏻

Looks like support has crumbled on the back of weak oil prices. I expect oil to rally over the coming weeks as summer (may be) kicks in.

Thanks for the pearls PUTUP, 👍🏻

Another buy back is the most prudent use of excess capital but, in conjunction with another divi, a clear signal will be sent to potential investors, GKP is taking care of share holders. The timing of any buy back or divi will be important as, leaving it too long encourages shorting due to uncertainty around the ITP. A few lines on the progress of receivables would be a positive move, however, ITP opening and the resumption of exports is the key to shareholder returns. All IMO of course. Hopefully a push and hold beyond 150 is possible over the coming weeks. GLA.

ITP or not, they will always find a way to line their pockets. Opening the ITP just means there’s a little more transparency and a few of the little people get some benefit.

Good article but nothing we’re not already aware of. The ICG have one simple option to put a stop to this trade, open the effing ITP.

Given the current situation, I’d say anything below 200 is a low ball, anything just above that is a good starter and anything above 300 is fantasy land. I think, if GKP was for sale, it’d be gone by now. There is a lot of baggage that’s putting suitors off, I think we’ll need to remain patient and look for ITP opening before anyone expresses a serious interest. I’d bite the hand off anyone offering 350.

That was a long time ago, what’s a low ball offer these days, with cash in the bank, good production figures and no debt?

Long,

What number would you consider consider a low ball offer?

It’s slippery stuff, it’ll always find a route to market.

Itsahalfwit, you’re wasted on this board, you should be running a hedge fund. You’re ability to subtract the price of the divi from the closing price and, predict what the price will be following the ex divi is nothing other than the work of a genius. I applaud you, keep up the good work champ.

Thought we’d have hit a high before ex divi, tomorrow won’t be a pretty start but, could be a good buying opportunity.

Is a Kurdish biased news outlet, they’ll blame everyone else and turn a blind eye to the rampant corruption amongst their own KRI politicians. I suggest the real truth lies somewhere between ICG intransigence and the KRI’s intractable corruption. I’ll take their editorial with a pinch of salt.

The buybacks are slow and steady, with small fluctuations which of benefit but, I still feel PH are leaving the exit open for the stranded shorts. If they announce another tranche of buybacks at the AGM, that will trap any unwitting shorts in an untenable position. Fingers crossed for a confidence building AGM.

The market may be rarely wrong but, you’re always wrong and always dull.

Very quiet today, calm before the storm?

Broadford

If they remove the crippling windfall tax on North Sea production, they can have the tax breaks on exploration and development. If they try to saddle producers with both, the North Sea basin will close very quickly and 1000’s of high paid high skilled jobs will be lost and, we’ll be reliant on 100% imported energy. I think even daft Ed is aware of the consequences of that.

Itsawasteofoxygen:

If they’re guilty of trotting out the same statements every few months, you’re even more guilty of trotting out the same old Shiite every few days. Give it a rest, it’s tedious at best.

ItsaPoncy

Put a sock in it, you know sweet FA.