Member Info for Swell2316

I wish certain doomsters would seek help or another board to offload their endless drivel. If the SP is causing you so much stress, then dump it and move on. You have, like everyone else, no control over events, you’re nothing more than a passenger waiting for your stop.

Bugsy, I’m also looking for a top up later this week when funds are available. I’m not sure if GKP will be acquired but, it certainly won’t be in the next 12 months, there’s too many big events this year that could throw everything into flux. I remember you from the days of NM, what an absolute balloon he/it was.

Judging by the limp movement and low volumes, this board seems the only entity with any confidence. There are still a few headwinds to overcome, security being the main one for me. If there’s even the slightest whiff of crude making its way to Haifa, the ITP will be a large target that’s impossible to protect. I truly hope it doesn’t come to that and 200 is reached by early spring with a further rise after. Good luck all, strap in, there’s more bumps to come.

Apologies, there’ll be no divi.

There’ll be divi until the pipeline is open and share price will then rise, I can’t see any divi before a significant rise in the SP.

Belgrano, the SP is going sideways after yesterday’s drop so, the market is clearly and, rightly so, unimpressed with the talking heads.

The market doesn’t seem too convinced. When I see the RNS, I’ll believe we’ve turned a corner, until then, it’s a hold from me.

Max,

You are a lost cause. I’ve never seen such garbage in my entire life. Mossad is the most secretive and capable agency on the planet, do you think they’d have a ‘base’ on full display for anyone to take a shot at? Give your head a shake and get in the real world. No damage to a US consulate, if US diplomatic staff had been harmed during these pitiful strikes, Iran and its proxies would buried. I hope this share does something soon, so I don’t have to read your brainless rambling.

I read the article early this morning. The attack on Erbil is particularly alarming. I’d be surprised if there’s no response from the military wing of the KRG against Iranian proxies. Just when we thought that getting the oil flowing through the ITP was a priority, it drops off the agenda.

I assume it’s out there somewhere but, does anyone know what the capacity of the ITP is? I doubt SOMO could reroute all its crude via there and they’ll need to build a connection to the southern pipelines. Also, I doubt Ceyhan could handle the increase as they’re also handling the product from the Caspian basin.

Peel Hunt adds GKP to its list of recovery stocks 2024. At least somebody has a little faith, mine is waning. Will this nonsense go reach 12 months without resolution or go beyond it?

More chance nailing diarrhoea to a wall. 2 quid by Christmas 24, if we’re lucky.

Dare2tri:

“An experienced trader/investor should be able to read between the lines”. I’ve been trying to read between the lines of this company for almost 10 years and it’s cost me and countless others a lot of money. The fundamentals of investing are buy low sell high, why buy now, when there’s a very high probability that the price will fall. “120s by the end of the day?”, you may well be right but, you’ll need to specify which day, I’d be very surprised if it’s this one.

No tangible news just hot air from Iraqi and Kurdish windbags. I’ll look for a top up before Christmas or when/if it gets near the £1 mark. IMO, there won’t be any significant news before end of Jan 24.

Global oil demand growth has slowed “drastically” in the fourth quarter, while continued strong supply by countries outside Opec+ will be enough to meet all of the consumption growth projected next year, the International Energy Agency said on Thursday.

Demand will be almost 400,000 barrels a day lower in the final quarter of 2023 than previously anticipated by the west’s energy watchdog, taking annual global demand to 101.7mn b/d in 2023, as high interest rates darken the outlook for economic growth.

Slowing demand comes as record supply from the US and rising output from producers like Guyana will see non-Opec supply growth of 1.2mn b/d in 2024, the IEA said. This is higher than the 1.1mn b/d forecast for demand growth, which is weighed down by a slowing economy and the end of the post-Covid rebound in consumption.

After all this time and money lost, no one seems to be missing this company or, there’d be more effort put in to getting exports restarted. Meeting for meetings and local sales are making Shaikan irrelevant and with more geopolitical nonsense bubbling up, the ITP will fall further from the agenda. All very disappointing but, this is Iraq.

If I had a quid for every time I saw Max say he was getting out immediately, I wouldn’t need to wait for GKP to get back above 200. If you’re so sure “the new world order” is taking over and GKP will get screwed during the process, sell up and head to a more stable stock, we’ll really miss your input here for a fraction of a second, if at all. If you haven’t the courage of your convictions, don’t bother investing, leave it to the dedicated capitalists.

From the FT regarding the OPEC+ meeting 26 Nov. Painful discussion indeed, especially if they open the ITP before the meeting.

“It’s now up to Opec+ to give strong signals in their upcoming meeting,” said Bjarne Schieldrop, chief commodities analyst at SEB. “I think Saudi Arabia will demand Kuwait, Iraq, and the UAE chip in additional cuts, and that will be a painful discussion.”

WTF does any of those Fk wits know about pipeline dynamics. Inspecting the pipeline, I can imagine the conversation, erm it’s long and round and carries oil, tick, now let’s fill our boots on the backs of investors.

If I’m not mistaken, that’s the three days up. I’m not surprised they couldn’t get it over the line in the time scale they imposed on themselves. I often wonder why they bother to give a time or date as, they are incapable of sticking to them. A massive risk but, shorts could make a few quid here. I loved the post earlier by one of the usual buffoons stating someone hasn’t a clue when, they’re sitting on a self confessed massive loss. The pan calling the kettle.

Looks like the froth is settling here, shame, I’d like to see it settle above 130 in advance of the official announcement but, this is GKP and there’s no deal until the i’s are dotted and t’s are crossed and of course, the right biscuits are on the table. I see the multi avatar cabbage has been fed this morning, a complete fantasist with clear mental health issue.