Genel Energy Share Discussion Threads

[basem1] 26/6/2018 16:27

Nearly sold half an hour ago at 255 when Brent came back to 74$. The market can make a monkey of us all at times.

[basem1] 26/6/2018 16:25

Loving that close. Long from 273.6. Well done GENL

[amr2o17] 26/6/2018 14:31

Macro-conditions notwithstanding of course - if Trump carries on being a Grade A Tangoed Tool, or if something really wrecks PoO (this one I really don't believe is a danger), then all bets are off. But for now, plenty to help this resume course.

[sparky333] 26/6/2018 14:26

Agreed a little bit of buying an up she goes. Interesting !!!

[amr2o17] 26/6/2018 14:25

Well I'd consider that a signal of direction reversal sparky; even if just on the basis of selling exhaustion. But anything positive news-wise would obviously now make this a good platform for a decent rise.

[sparky333] 26/6/2018 12:52

I am just stunned at the lack of volume less than 200k so far

[cyan] 26/6/2018 12:22

The MTBR is one measure of value; 1 being fair value; under 1 means undervalued and over 1 overvalued.
GENL has , for too long, been way under 1.

The gas should, after development, double this companies 'worth' in my opinion.

In the meantime ; Brent is good at $75.55

[panagos] 26/6/2018 12:18

gkp average production is 32,138 bopd

[panagos] 26/6/2018 11:52

Genel 35k bopd + gas assets + somali etc...gkp just shaikan with production not sure anyone can assist?

[nicebut] 26/6/2018 11:48

Market to book is .44 for GENL. 1.56 for GKP

[panagos] 26/6/2018 11:39

Amr its simple: genel eps 69p...gkp eps 4p i think

[amr2o17] 26/6/2018 10:58

And, regardless, Genel looks undervalued per se, imo

[amr2o17] 26/6/2018 10:57

I'm confused. Isn't market cap the relevant comparison? In which case Genel is looking undervalued relative to GKP, or GKP is looking over-valued relative to Genel, or perhaps a mix of the two.

[nicebut] 26/6/2018 10:37

GKP is 2.4p effectively...If you`d held both for 5 years! Hardly catching up is it?

[panagos] 26/6/2018 10:19

Ain't gonna happen Sparky

GENEL RSI @44 : oversold
GKP RSI @ 76 : overbought

Reality to hit your screen sometime soon.

[sparky333] 26/6/2018 10:17

Not long for GKP to pass Genel.

[nicebut] 26/6/2018 09:56

Interesting article, thanks AMR.

[amr2o17] 26/6/2018 09:53

...and a positive reaction to the refinancing news over at GKP. Seems like the market is warming to the idea of production development in good ol' Kurdi

[amr2o17] 26/6/2018 08:13

Interesting summary of the PoO situation https://oilprice.com/Energy/Energy-General/The-Bullish-Truth-Of-OPECs-Agreement.html

[panagos] 26/6/2018 07:39

but you are filtered for more than a year now dear.....lol

I promise I will un-filter you when we touch 500p !

[panagos] 26/6/2018 07:31

that's why it went into the trading business from its bedsit in Dorset........not enough income from the stuffing side of business.

ps. its still waiting for genel to fall to 43p in order to fill its buy order.

LOL!

[panagos] 26/6/2018 07:19

Its just carla not getting enough stuffing lately...