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Gulf Keystone Petroleum (GKP)     

goal - 15 Mar 2005 17:17

http://www.gulfkeystone.com/ The firms exploration programme in Algeria is going well and "the shares look good value", say the Investors Chronicle. Your comments please. goal.

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niceonecyril - 19 Feb 2012 17:41 - 2786 of 5505

http://dalesmann.com/grh-your-company-needs-you/

niceonecyril - 20 Feb 2012 08:03 - 2787 of 5505

445p now on offer,the undeoedents article has really excited Pi's?

niceonecyril - 20 Feb 2012 08:06 - 2788 of 5505

Hitting 465p.

niceonecyril - 20 Feb 2012 08:14 - 2789 of 5505

Settled down now,still 430p is not to be sneezed at.

niceonecyril - 20 Feb 2012 08:16 - 2790 of 5505

"> Chart.aspx?Provider=Intra&Code=GKP&Size=

Balerboy - 20 Feb 2012 08:21 - 2791 of 5505

sold a few....will buy back in the 300's.,.

Proselenes - 20 Feb 2012 08:23 - 2792 of 5505

All sold out now. Been a great run of late but the upside is looking a lot less attractive now at 450p than it was at 120p, especially with an Israeli strike on Iran possible any time.

niceonecyril - 20 Feb 2012 08:27 - 2793 of 5505

Surprised?

why shouldn't the private investors stay as well? What's the difference between them and the blue chips [to the final share price]?" he asked.

niceonecyril - 20 Feb 2012 08:36 - 2794 of 5505


mes.com/site/topics/article.asp?cu_no=2&item_no=487611&version=1&template_id=48&parent_id=28

From the above article.

The oil majors eyeing up small and mid-sized producers with operations in the North—like Gulf Keystone Petroleum and Norway’s DNO—bet that Turkey could eventually agree to buy Kurdish oil directly if Baghdad fails to agree on a revenue-sharing law soon. Due for completion in 2013, Genel Energy’s planned pipeline running from its Taq Taq field surrounded by snow-capped mountains up to the main Iraqi-controlled one could easily be extended by a few kilometres to reach the border.

niceonecyril - 20 Feb 2012 11:21 - 2796 of 5505

wally27 - 20 Feb'12 - 10:39 - 166614 of 166633

post of the year by CJ on iii.....

I don't want to say this the wrong way- but someone high up in the US gave me the important info last month, so PI's had the opportunity to load up and make sure GKP did not accept a offer that was not fair and true value. Now people are talking of £17.00 a share- well thats still below true value. I did say American buyers were buying. Now the game as been set a light by TK asking for Pi's help. The Good news is a few of us were on the front foot a while back, and have put Pi's in a better position to get true value. Now read my post again and look closely at the figures, as Pi's are now a step closer to them, but to get their, Pi's need to hold and if Pi's decid to buy more, it as to be their decision and theirs alone. As GRH1 said, each share is worth double. Read the Below Again
CJ
The 19 billion dollar offer is there and after long conversation last night, it looks like it has been surpassed by another offer that is pretty well formulated and is 23% higher and this has the go- ahead it needs and only the Board and the KRG can stop it. Around 8 months ago, I put a figure on the value of GKP, based on what was known, that figure came from specialists in the US on a major exchange, where they look long term. The figure was $43.00 a share and posted on the KOEP board, that has now been surpassed and the specialists I mentioned above have re rated it to $61.00 a share. So confident on that first figure of $43.00 per share the Chinese used the information to line up GKP as their preferred option.
Where does this stand today, well the KRG and Board of GKP know the answer to this question, and it’s about time they were up front.
Where do we stand today, well moves have been afoot to get shareholders on side to accept a lower figure of around £ 8.30 a share to suit a particular company acting in concert with another , and the board may have accepedt this?.
Unbeknown to the Board, they were not expecting a higher offer to get the okay and defiantly not in the public domain,with approval at highest level from another other US Major, and that has had them doing their utmost to have the required percentage of share holdings to rail road through a lower offer than what is out there currently.
Well the field is open to US companies and 2 others, and there is 1 waiting on Shaikan 4 flow rates which are known to be well above expectations, but it could be other US majors have access to that info already.
Where does this leave investors, well it’s simple. There are some High Net Clients invested through Capital R Management and two other companies who are using different brokers worldwide to increase their holdings , but they face stiff competition from others who have the inside track and who are only buying to make a quick buck, and may have been enlightened on the turnaround time for a quick deal
Now will MG and other Financial Houses line up and accept the low offer, or will they and others be prepared to look at the whole field?
Unfortunately, fund managers have a role here and they need to be persuaded to stand back and think about their individual clients that are invested in their funds. Will this happen, I don’t know, but what I do know is some big players in the US are buying all the way up to $6.30 per share and may go above this.
" Now that is for them to decide, and in no way is a recommendation for anyone to buy. The buying of shares must be down to the individual who must do their own research and make decisions based on their own circumstances"
GRH1 has alluded to the flow rates out of Shaikan 4, and along with Dalesmann and Zengas, they both have put together information that shows just how much GKP should be worth per share.
Now in my opinion based on what I understand, PI’s have a role to play here, and it’s entirely possible to stop the lower offer from getting through, especially in light of what is known, and that is the $19 billion offer, and another that is 23% higher and been given the go ahead.
Keep in MIND the re rated figure of $61.00 per share and the figure of $43.00 a share, the Chiniese used when making GKP their preferred option, as these are very important for investors to focus on.

cynic - 20 Feb 2012 11:25 - 2797 of 5505

and why would you want to pay any attention to that verbose load of carp ..... it even starts with the give-away "someone high up in the US gave me the important info last month"!!!

Balerboy - 20 Feb 2012 12:18 - 2798 of 5505

trade cyril and increase your stock if nothing else.,.

required field - 20 Feb 2012 14:16 - 2799 of 5505

Quite incredible....market cap of 3.5 billion pounds....or 5.5 billion dollars.....not sure what to do.....has to spike and down but when ?....

niceonecyril - 20 Feb 2012 14:34 - 2800 of 5505

RF read the following from the CEO,ref to the Independent article over the weekend.


From the above.

However, Mr Kozel said that he hoped that small private investors, who speculate feverishly about the company on online discussion forums and some of whom have risked their life-savings on GKP, would not be squeezed out by the big City firms.

"We have plenty of blue chip institutions invested in us already, why shouldn't the private investors stay as well? What's the difference between them and the blue chips [to the final share price]?" he asked.

Then bear in mind at the US presentation the SP was worth DOUBLE on what we know now? 280p at the time.

required field - 20 Feb 2012 14:36 - 2801 of 5505

I think that this has gone past what it's worth.....danger is an EK short might be on the cards.....this is oil in the ground ......fabulous stock...the best I've ever held.....took some profits because I'm not sure....probably not the best thing to do....but the market cap is massive now....

niceonecyril - 20 Feb 2012 14:39 - 2802 of 5505

BB,no way trade this stock,far better options out their.

cynic you don't have too,but my over time many have and made lots of money?

niceonecyril - 20 Feb 2012 15:05 - 2803 of 5505

RF EK sold out at 180p- ish and admitted hr got it wrong,somehow i don't see EK big enough to have any effect on a £3.5billion company.

required field - 20 Feb 2012 15:08 - 2804 of 5505

No.....of course not but he has followers.....I reckon that a lot is in the sp already...but with this share who knows.....I might have to come back in .....just not so sure now....

niceonecyril - 20 Feb 2012 15:29 - 2805 of 5505

Well i bought more this am at 423.5p,after it settled down,looking to sell a load sometime soon to taking my CGT years allowence,but not wishung ti be out,i'll take out a spread bet to cover any shortfall.
If you believe in the amount of oil,they will be bought out for a lot more,then why sell and risk being out?? No loss/gain until one sells,so the up and downs are all part of the
norm,with as the CEO states getting full value at the end game?
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