GKP

Hi guys,
DO I buy this one at 168p, at the lower channel line or do i wait for 140p?

Charts attached...

Guys,
GKP offering another 90 million in dividends..!!! every 50million is like 17p...
So total in 2021-22 they have now paid 190 Million in divi...

Attached is the charts...
Not sure buy more or hold back?
any thoughts?

ta
G

gkp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...f/Jnm9yc1DN05xH+VNk=

This is in a clear bull uptrend. Unless it breaks below the uptrend channel....there's no reason to doubt it imvho..
your chart shows a shorter term channel but we also have a longer term channel which shows a target of around 300p
The best area to buy is near the bottom of the channel...so anything sub 200p looks to be a good buying opportunity

atb, wdik, dyor
trendfriend

This is my biggest holding by far . Divi being paid out tomorrow so I suspect people will reinvest it back into company again as divi is crazy currently.
I think oil companies are the way forward for the time being as price of crude is above 100$ and likely to stay there for the for the time being

Remo if you don't mind me asking
What's your take on GKP?
Any targets?
What's your average price?
I hold 130k£ worth...
From 2009!!!
Thanks G

My target would be around 300 as loads of resistance there.
My average price…..I’ve been in and out of this since 180, but since the divi is so good have decided to just hold now.
I have a large holding in this due to divi and its by far my biggest holding.
I don’t plan on selling this unless something major happens . this is the only share in my portfolio that’s done well.
fundamentals on GKP are great currently , it has no dept, and all they seem to do recently is give the money back to share holders…which I like..lol..The main risk being its in Iraq … that’s as much of fundamentals I know on this…..lol
I’m sure others on here will know a great deal about this..
As long as crude stays above 100$ its win win I suspect.