• Gulf Keystone Petroleum – DNO puts the cat amongst the pigeons

    July 30, 2016 | Posted by

    By R Jennings, CFA Well, well, well who woulda thunk it? Just when the BoD of GKP thought that the restructuring was in the bag and the Senior bond holders were to walk off with most of the equity in the Company, Norwegian Oil Group DNO decide to (advance) crash the party. The announcement on […]

  • GENEL ENERGY – A second chomp at the bit

    July 28, 2016 | Posted by

    By Richard Jennings, CFA I was very surprised to see the stock price of Genel rewind from the 150p level at which they were trading only mere weeks ago to the lows of 85p this afternoon (28th July) – that is knocking on for a 50% decline in a very short space of time. Try […]

  • Gulf Keystone Petroleum – Arbitrage opportunity

    July 18, 2016 | Posted by

    By Richard Jennings, CFA I last wrote about GKP HERE in which I highlighted that there was “value” potentially to be found in the capital structure of GKP and in particular the Convertible bonds. As it turned out, the proposed restructuring agreement handed the lion’s share of the company value to the Senior note holders with […]

  • Cuba: Block (9) read through to MEO Australia & Leni Gas Cuba

    July 12, 2016 | Posted by

    By Mark Parfitt and Richard Gill, CFA The technology start-up world is replete with tales of the all important “timing” being the key for successful companies. Indeed, whole ‘TED talks’ are devoted to the very subject. Investors however are more often than not to be found fretting about day to day commodity price movements rather […]