Genel Energy Share Discussion Threads

[cyan] 27/9/2016 10:28

Malcy on POO . He doubts OPEC will produce anything useful. I agree. At least POO is not too bad. Brent now $46.61

[pogue] 27/9/2016 07:35

If you want to know where the money is going read this report posted by Cyan a few days ago. All very obvious and stated before on here. Big clue who would you pay first in a war?
hxxp://www.atlanticcouncil.org/images/publications/Iraqi_Kurdistan_Oil_and_Gas_Outlook_web_0915.pdf

[jotoha2] 26/9/2016 20:41

Clearly the company needs a tough negotiator to sort out this mess , very simple , payment has to be 30 days following month of invoice ,or supplies are shut down , the yanks or Putin would not stand for it , uk Directors are bunch of soft bellied mamas.

[ayesha4] 26/9/2016 19:59

The lying corrupt fat Kurds or shall I say Kunts at the KRG are the ones sweeping the money.

[fangorn2] 26/9/2016 18:37

I'd be amayonnaised if there was a supply cut :)

Arabs consistently promise to fail to deliver.

But this is surely irrelevant as we've now only been paid for ONE MONTHS exports - despite production exprots for 4 months!!(June,July,August, September)

ie Someone is getting paid, someone is getting rich, but it aint us(and we're doing the heavy lifting)

What's that useless fruadulent Tory MP) doing???
Getting paid loads for sweet FA at GKp - is a shareholder here as well.

[che7win] 26/9/2016 15:34

Brent Oil up £1.50, over 3%

[cyan] 26/9/2016 09:53

"OPEC Divided on Production Cut Before Algiers Talks"



Brent $45.79

[cyan] 24/9/2016 13:22

"Crude Crashes As Saudis Kill OPEC Meeting Before It Even Started"



"Russia Bets On $40 Oil Through 2017"

[ohdearohdearohdear] 23/9/2016 11:23

How much will it cost to develop the 8.4TCF?

[sparky333] 23/9/2016 11:23

I got 59000 at the moment.

[cyan] 23/9/2016 11:15

I have been Sparky. Never dreamt I would hold so many at these prices.
I keep looking forward to the 8.4 TCF of recoverable gas volume and am content.

[sparky333] 23/9/2016 11:04

You find with all these things they tend to balance out in the end.Look at AAA fell to 200p and now 6 months later 900p Fear, debt and low ore prices wretched the share price Genel will bounce back to a realistic valuation soon enough, the only ones stressing are the spread-betters, t traders and CFDs.Actual holders are mainly accumulating at these levels.

[cyan] 23/9/2016 10:55

I guess some are waking up to long term value.
GENL market value £258.2m with proven assets and production
SOU market value £490m with.....interesting prospects and hope?

Brent perkier at $47.79

[cyan] 23/9/2016 10:50

Don't hold your breath bidmsa. I am not counting on that happening. No news yet.

[bidmsa] 23/9/2016 10:47

is there an agreement between OPEC countries

[cyan] 23/9/2016 10:46

Rather promising interest from FIL

These guys need to update their page;

[bidmsa] 23/9/2016 10:46

oil price just shot up half a dollor to 47.75

[bidmsa] 23/9/2016 10:43

Genel Energy PLC Holding(s) in Company

13,993,745 5.02%

by FIL Limited

[sparky333] 23/9/2016 10:41

Gone from 3.32 to 5.02% over 4 million increase.Interesting as this now confirm why held in this range for so long.

[sparky333] 23/9/2016 10:39

FIL buying

[bidmsa] 23/9/2016 10:36

someone buying shares in company

[cyan] 23/9/2016 09:17

Good old Bloomberg.

"OPEC Under Pressure to Act in Algiers as Oil Surplus Triples"



“All the producers are feeling the financial pain and the incentive to reach an agreement is stronger,” Fattouh said. “The re-balancing process is taking longer than expected.”

Brent $47.18

[fangorn2] 22/9/2016 16:57

@Cyan,

Bloomberg behind the curve it seems!! Just realised!