niceonecyril
- 09 Feb 2012 22:32
- 2659 of 5505
Views from the Trading Floor (Fox-Davies):
I am beginning to run out of superlatives for Gulf Keystone (LON:GKP), as the bullish run continues. Shares were another 6.5% better to 337p, and on decent volume to boot. The shares rallied after the company said it has appointed corporate advisers to help it sell its 20% stake in the Akri-Bijeel block in Kurdistan, northern Iraq, almost five months after putting it on the market. Gulf Keystone has been trying to sell its stake to focus on its Shaikan oil discovery, which is estimated to contain around 8 billion barrels of oil. Gulf Keystone holds 75% of Shaikan, MOL has 20% and U.S.-based Texas Keystone Inc. has the remaining 5%. The shares seem to be moon bound, and with the market expecting an update on Shaikan-5 and Shaikan-6 any day now, anything even remotely positive can on add fuel to this strong burning fire.
http://www.proactiveinvestors.co.uk/columns/fox-davies-capital/8295/views-from-the-trading-floor-9th-february-2012--8295.html
niceonecyril
- 09 Feb 2012 23:33
- 2660 of 5505
Daily Mail
MARKET REPORT:
By GEOFF FOSTER
10:12 PM on 9th February 2012
http://bit.ly/AEDZYI
Strongly supported of late on talk of a possible bid from Exxon Mobile, Kurdistan focused oil group Gulf Keystone gushed 26.25p to 342.5p.
Buyers responded to confirmation that it is selling its 20 per cent working interest in Akri- Bijeel block in Northern Iraq in order to concentrate on its other operations in Kurdistan.
cynic
- 10 Feb 2012 08:50
- 2661 of 5505
i was very heavily o'weight here so have just top-sliced (342) ..... not only did that crystalise a juicy profit while still leaving me distinctly o'weight, but with no genuine news likely for at least a couple of weeks and short-term upside impossible to work out, it seems to me that the odds of some fairly heavy profit-taking must surely be short indeed
==============
meanwhile (of course) GKP has continued rocketing ahead (350!), but am delighted!
cynic
- 10 Feb 2012 09:21
- 2663 of 5505
never went broke taking profit! .... and as i said, i still have plenty .... for that matter, if it seems right at the time, i have no hang-up about buying back at more than i sold at
Balerboy
- 10 Feb 2012 09:28
- 2664 of 5505
going mad again =14p
required field
- 10 Feb 2012 09:32
- 2665 of 5505
Did the same thing.....£3 billion market cap....ouch....so took some profits but still in 4/5ths.....not sure what to do.....any advice gentlemen...?....
Balerboy
- 10 Feb 2012 09:35
- 2666 of 5505
buys exceed the sells now....hold hold hold.........till 4.15pm.,.
niceonecyril
- 10 Feb 2012 09:41
- 2667 of 5505
Just surfaced after a great night at the theatre,Buddy holly Juke Box,fabtastic musicuans(keyboard and drummer especially),checked the SP and 360p giving a M/Cap of over £3billion. FSTE here we come and what wull that do for the SP?
required field
- 10 Feb 2012 09:44
- 2668 of 5505
Probably knock it on the head !.....took a bit more profit....just had to...will keep the rest.....
Balerboy
- 10 Feb 2012 09:48
- 2669 of 5505
Nice 300,000 buy just now at 3.59p.,.
niceonecyril
- 10 Feb 2012 09:52
- 2670 of 5505
Proselenes
- 10 Feb 2012 10:03
- 2671 of 5505
Sold a few more........ the upside is becoming less, the downside becoming more...... taken more profits to lock them away.
Balerboy
- 10 Feb 2012 10:08
- 2672 of 5505
3.65p +23 yahoo.,.
required field
- 10 Feb 2012 10:21
- 2673 of 5505
Frankly,...I can't believe that people are still buying.....I still have quite a few...and have banked some but buying now at 365p.....boy....wish I'd kept all those I had at 11p to 14p....
Balerboy
- 10 Feb 2012 10:25
- 2674 of 5505
Still think 4pm will be the decision time.,.
required field
- 10 Feb 2012 10:25
- 2675 of 5505
No stopping it....banked some too early....but a profit is a profit.....I fear a spike is coming.....
niceonecyril
- 10 Feb 2012 10:31
- 2676 of 5505
Total Unknown
10/02/12 10:30 370.0 3,000 AT 370.0 371.0 Sell 5,261,215 4,334,326 7,441
10/02/12 10:30 369.75 2,000 AT 369.75 371.0 Sell 5,261,215 4,336,326 7,441
10/
Balerboy
- 10 Feb 2012 10:34
- 2677 of 5505
We've hit +30p last jump was in the +40's so will watch for spike if it hits around that level.
niceonecyril
- 10 Feb 2012 10:35
- 2678 of 5505
Tradibg in the 373p's,375p is a trigger for more options to the directors.