OmniChart

HSBA petethenovice 21 Feb 2020

Brexit Wars 3 Lot of questions about question time for some time… image.jpg1157x862 316 KB

HSBA petethenovice 21 Feb 2020

Brexit Wars 3 J_Westlock: I prefer this version… twitter.com alistair green (mralistairgreen) @bbcquestiontime [link] 2:47 PM - 20 Feb 2020 great post widely shared…

LLOY soi 21 Feb 2020

LLOYDS is going to FLY regardless: Lloyd’s is a massive buy for any pension fund Don’t matter what the share price is , I getting my wages for 2020 No it is not.( a massive buy for pension funds, they are not piling in, the smart money has been exiting on spikes.) It is a shame when you have to pay for your wages. You declared a re entry buy at 62.33 ( or so ) after having previously sold out.All in, bar 24 K GBP, your own declaration. So about 500K LLOY donkey shares. I really hope it comes good for you but how about being a bit more open? Your holding is manageable but would need some management. Take Care and have a nice weekend. soi

GKP ValueSeeker8 21 Feb 2020

Contractors Costs/Capex Recovery & CB Tax Payments The KRG never respected the terms of the PSC. Let us examine the September 2019 payment received in 03/02/2020 as an example: Total oil production = 30 X 37,000 = 1.11 million barrels GKP crude oil price = $62.83 -$21.7 = $41.13 per barrel Total value of September oil = 1.11 X 41.13 = $45.6543 million If I apply what you said in your post then: September Cost recovery = $360,000 X 45.6543 = $16,435,548 September Profit oil = $162,000 X 45.6543 = $7,395,996.6 September Contractor pay = $23,831,544.6 GKP payment = 0.8 X $23,831,544.6 = $19,065,235.68 What the payment actually was $15.8 million That is $2.265 million short compared to the method you outlined in your post Best Regards @ValueSeeker8

HSBA Uncle_Doug 21 Feb 2020

Brexit Wars 3 Amazing how Farage manages to get his fans into BBC Question Time week after week. This bigoted woman is one of the main reasons I will be leaving the UK in the near future.

IMM BuySel 21 Feb 2020

Should bounce now at 61.8% retracement 3x50K at the end has given a 16p UT closing price, the Fibonacci is working to plan 4 days of rising

BARC jackdawsson 21 Feb 2020

BARC Comp - S17 W20 - Closes SUNDAY 9PM Your guess for next FRIDAYS UT closing price in numerical order. LOWEST at the top, please. All new entrants welcome! - Usual deadline for Comp entries, about 9.00 PM on SUNDAY. Thanks & GLA! 176.97 jackdawsson

BARC jackdawsson 21 Feb 2020

OT: Comp winner - LOL88 Hi Lol88, Well played! A fine 1st win of the season & a well earned 25 points in what’s been a volatile week. Your 180 call snatched it on the tick-up. UT: 179.62. Credit also to the consistent FIAT & Gold or Silver for close podiums. Ole Devil still leads overall, but FIAT makes more headway in 2nd place & it continues getting tighter at the top with 7 weeks left. The quite awesome Dead Can Dance (you’ve all heard them on film scores like, Gladiator) with a more recent song. Enjoy a few minutes of their usual brilliance. May all have a VG w/end!

HSBA petethenovice 21 Feb 2020

Brexit Wars 3 HuwJarse: Do you ever lighten up Pete? a new slant … Not able to answer …

GKP MikeyAdmin 21 Feb 2020

Closing Prices Close . . . . 185.40 Open . . . . 185.00 High . . . . .185.00 . . . 08.00.03 . . UT Low . . . . . 179.40 . . . 15.45.58 . . AT MD Auc . . 69 @ 182.6p LSE Vols . . . . 713,159 . . . 377 trades AT trades . . . 267 . . 70.82% . OT trades . . . 110 . . . 16.04.03 CP . . . 76,535 @ 181.8p FTSE100 . . .7,403.92 . (-32.72) . (-0.44%) Brent Crude . . . $57.62 . (-1.18) . (-2.01%) . . (15mind delayed)

NAH BuySel 21 Feb 2020

Another bubble of demand Has come down from the last post here, but for the last couple weeks they seem like after the large drop the share are bouncing back and yesterday and today have been a good success of that [link]

LLOY PrefInvestor1 21 Feb 2020

LLOYDS is going to FLY J_Westlock: The virus isn’t the real game for LLOY. Hi @J_Westlock, Well I realise that Brexit is a much bigger issue for LLOY and I agree that the virus isn’t much of an issue - indeed for most UK domestically focussed stocks. But the timing of this drop says to me that it is somehow suffering from the virus downdraft today, maybe it does indeed have Brexit trouble ahead - but not sure it’s the cause if today’s move. Could be wrong as always. ATB Pref

GKP MikeyAdmin 21 Feb 2020

Contractors Costs/Capex Recovery & CB Tax Payments Based on the R-Factor Chart in the January 2020 Presentation below are my calculations. Contractors Cost/Capex RecoveryToday 15:45 Taking a figure of $1,000,000, by using the R-Factor one should be able to calculate how much Capex GKP is recovering each month. So below is my go at calculating how much Cost Recovery GKP is getting back per $1m Payment $1,000,000 - 10% KRG Royalty = $900,000 $900,000 is split 40% Cost Recovery $360,000 . . . 60% Profit Oil $540,000 The Profit Oil $540,000 is then split 30% GKP & MOL and 70% to the KRG $540,000 x 30% = $162,000 The $360,000 Cost Recovery is divided along Working Interest line which equates to $288,000 GKP and $72,000 to MOL The $360,000 Cost recovery Oil is then added to the $162,000 = $522,000 which is split as per Working Interest of 80—20 $522,000 x 80—20 = $417,600 GKP and $104,400 MOL Of the $417,600 per $1m GKP receives, $288,000 is Cost Recovery and $129,600 gains under the Working Interest split of 80% GKP —20% MOL As the Working Interest split is made up from what is termed as Profit Oil, if GKP is liable on a monthly Basis to pay a Capacity Building Tax of 40%, then in every $1,000,000 of Production which gains GKP a Profit Oil Payment of $129,600, GKP would be liable to pay $129,600 x 40% = $51,840. So on a hypothetical Payment of $15,000,000 to GKP, that would equate to a Payment of $777,600 per month Capacity Building Tax to the KRG $51,840 per $1,000,000 equates to a 5.184% Payment per month To rely on the calculations please check and copy & paste to correct

TLW Beatley 21 Feb 2020

Overshoot to the downside? Added at 40.5p, wasn’t planning on doing anything until the 12th but couldn’t resist. Surely the company will have a couple of positives to announce on results day?!?! As I wrote back on January 7th, these are the key areas I’m hoping the business are focussing on. They won’t all get resolved for results day, or even this year, but will be good to get an update on what’s been happening behind the scenes. Resolve corporate governance issues - sack anyone complicit in keeping shareholders in the dark about the production issues Resolve production issues - noticed a post about the gas flaring that should help, would be nice to see a bit more detail about this on the 12th Cut G&A to the bone - a 20% cut just isn’t going to be acceptable to holders. Tullow should be aiming for no more than $20m a year, which adds $80m a year to FCF. Sell Kenya - Apparently this is in the pipeline, again would be great to get some more information on this come the 12th. Makes sense in my eyes, especially with such poor free cash flow generation. Farmout Uganda - easier said than done of course Find oil in Guyana - surely this has to be a focus, one good find and current problems resolved Adding to the list: Sack off all frontier exploration except Guyana, no need to be splashing cash we don’t have Update on debt profile Will be back on the 12th.

SLE linksdean 21 Feb 2020

Could be interesting! [link]