Genbel S.A. Share Discussion Threads

[panagos] 20/10/2010 23:26

He's the guy who allegedly turned 6 grand to quarter of a million by switching from multibagger to multibagger and tman was his 7 stock in a row...let's hope he gets some of his money back.

Re LFD, sen an e-mail to f&m asking why the delay with the seismic and when they plan to start drilling to CS proven field. I;ll let you know if they come back with something although I dont think LFD will spud in 2010.

[rhubarbe] 20/10/2010 23:20

Think I missed him, pana, but I can guess his ethos.

Must say that at 23c on the bid I am tempted to add more LFD....

There I go again.

[panagos] 20/10/2010 23:18

Agreed Rhub, Zac is in the premier league. Let's not risk becoming another Oliver Cornwell from tman with this conviction investing thingy.

Mrs Rhub and Mrs pana will be veeeeeeeeeeeeryy upset.

[rhubarbe] 20/10/2010 22:30

Zac's in a different league, pana.

I think I'll stick, for now. I should like more GSA butI think I'll wait for QD results..

[panagos] 20/10/2010 16:10

If you are greedy it's VST, if you are more conservative GSA.

I know what you are rhub, only Zac takes the biscuit from you AND me.

:-)

ps. Buying more VST today

[rhubarbe] 20/10/2010 15:58

Well, yes, I hold both, too. The question was merely which one to add....

[robbo126] 20/10/2010 15:03

I also still hold both, for various seperate reasons, even though it doesn't sound like it! lol

[spnkbadger] 20/10/2010 14:41

I agree Robbo - I hold both and am keeping both

[robbo126] 20/10/2010 14:33

Well for QD only, VST does offer better value (GSA @ 33-34c would be the same value), but it depends how risk adverse you are as an investor. For example, for an extra 4-5 cents, you can lower your level of risk in the overall investment, while having even more upside if you include these other 'risk reducing' assets. So IMO GSA still offers better overall 'value' for money.

Remember Guyana has a >50% chance of COMMERCIAL success with no capital outlay and a mean unrisked value of $1.80 or 4.5x your money, for an extra 4-5 cents a share (10-15% a share). Add Egypt to this an you get even better value at no current capital cost to the company.

[rhubarbe] 19/10/2010 21:02

Don't you think VST represents better value right now?

[robbo126] 19/10/2010 14:17

Well I know which way I prefer it at this current point in time rhu! Lets see what the price has in store for us today... may put a 1 day limit order in under the mid price and see if I get lucky!

[rhubarbe] 19/10/2010 13:28

You can't have it both ways, I'm afraid Rob. Either cheap and unknown or blasted from the rooftops and costing a fortune..

[robbo126] 18/10/2010 23:02

Exactly what I was thinking pana... should be a nice tight squeeze for shares! They won't be having mine as I'm in for Guyana and Egypt aswell now!

Very true Rhu... but you've got to admit it's fairly strange! I can't wait for the day when we look back at price movements like this and remember the share price being illiquid because no one knew about this little gem!

[rhubarbe] 18/10/2010 22:23

Well, if there is a buyer at 39c and sellers at 43c, then the spread is going to be 4c.

[panagos] 18/10/2010 22:19

Can you imagine what a huge find at QD do to the share price due to illiquidity robbo? I can see a couple of bucks in a matter of days

[robbo126] 18/10/2010 22:16

How does the share price drop 10% on a 5k sell! Slightly illiquid me thinks! lol

[panagos] 13/10/2010 15:02

4c spread WTF..ok it's illiquid but 4c??

[spnkbadger] 13/10/2010 05:54

Good bit of volume yesterday and am liking the look of our chart now - pana u may be right on the cause there

[panagos] 12/10/2010 22:33

lol, ok pro.....i'll surf some dirty sites instead :)

[pro_better] 12/10/2010 22:31

try to get some sleep pana :)

[panagos] 12/10/2010 22:15

Rise could be related to guyana?

[panagos] 12/10/2010 21:02

Closed at 41-43 Grrrrrrreeeeeeeeat!!

[panagos] 12/10/2010 21:01

FrOm SH:

VST dropped to 55 cent last week, without any good reason, it seemed. Only 2 thing could explain the drop: 1. No oil 2. PP

And my conclusion was that, IF VST was preparing a PP, that would tell me that they had hit oil, and that they were handing out presents to some favored investors. Well VST come out with news about a PP on friday, and the market had drown the same conclusions, thus the shareprice went up more then 20%. So I think VST has hit oil.

Because VST only has Qara dag, their valuation should give us an idea of what GSa should be valued at. My math says that GSA should be valued at about 24 Mcad atm, comparing with VST. And thats where we are today. The Guyana and Egypt drilling are NOT included in the shareprice!

I think the Guyana drilling is VERY likely to hit oil. So now we have 2 great project that are very likely to hit oil.... And GSA is only valued for their part of Qara Dag...

I did some baby math, and I come up with figures between 6-12 Cad per share IF we hit oil in kurdistan and guyana... Given that potential... todays valuation of GSA is a great great opportunity.

I bought and made my friend buy aswell. Hold strongly to your shares!

Best Regards from Sweden

[panagos] 12/10/2010 15:07

Creeping up nicely 38-39 now.