GKP

Remo,

A new Bull market has started?
Should I be buying?
A "Tennis parent"? Sounds expensive.

Paitech wrote: Where's everyone?

Bear markets normally wipe out most people so that s why most people are probably away from markets.
For me a new bull market has started already .
I’m too busy trading nowadays to have any time to post as it takes most of my time up and with being a tennis parent , I’m always on the go travelling the length of the country doing silly tournaments..lol.

GKP is paying good dividends but my previous losses here make me nervous of big holdings.
I am trading this one in my Spreadbets but closed on friday when my limit order of 245p was taken.
Any falls I will get back in.

GKP is now debt free. They have paid off the last of the bond holders this month (August).
So when Remo stated GKP were debt free on this thread, technically it was incorrect as Bonds are a form of debt. But as Remo always states DYOR (Do your own research).
I think a Debt Free GKP could now break out of the trading range but with a possible recession on the Horizon timing of entry points should be made with care.

I would love this forum to become active again as I think there is a lot of money to be made with a possible slump in the markets. Remo is very risk averse and we thank him.

Where's everyone?

Bought in at 201p....

Some more info, not this is related... .

ekurd.net/nadhim-zahawi-sprinting-top-uk-2022-07-11

On July 6, al-Hurra reported, based on an earlier report by AFP, that Baghdad had ruled that the contracts of four foreign oil companies operating in the Kurdistan region were void. The ruling on July 4, reportedly affected Western Zagros, DNO, HKN Energy, and Genel Energy. The court found the contracts in question to be in violation of the February 15 ruling by the Federal Supreme Court against oil operations in the Kurdistan region, according to an unnamed senior Iraqi oil official.

Earlier contracts pre-dating that of HKN are, however, also in violation. HKN arrived on the scene comparatively late in the day. For example, Prime Natural Resources with Turkish Petoil and Heritage with Oryx Addax. If DNO contracts were to be voided this would have a knock-on effect on voiding Gulf Keystone, Shamaran, Hunt Oil and MOL of Hungary, among others...