Genel Energy Share Discussion Threads

[sparky333] 23/7/2018 10:56

Odd, POO rallying and the oilers still no volume.

[hawkey2] 21/7/2018 23:41

Thanks Chopsy,

Some great info.

Hawkey

[chopsy] 21/7/2018 22:57

Many E&P companies don't have a p/e ratio because they are loss making. They are valued in different ways, e.g. on proving assets in the ground, which they may go on to develop or sell. 2P is worth $5 - 20 per barrel in the ground, depending on where it is , quality and extraction costs. Try to work us out that way too! Also comes to a high figure.

[nicebut] 21/7/2018 22:50

FEVR PE is 89!! Market to book is 31!! RDSB PE is 22...Genels` PE is 2.86 and M2B is .48

Quite remarkable really...Free cash flow is $120m and earnings of c$327m based on last RNS...valued at just £774m with virtually no debt. Value is bonkers.

[chopsy] 21/7/2018 22:43

Hawkey, the P/E ratio is shown in the fundamental table below the charts at the top of the thread. Of course the exact value varies depending on which version of earnings you use, e.g. Normalised, adjusted etc. You can also calculate a forward P/E using forecast earnings.

2.86 is abnormally low and must indicate that the market does not believe these earnings are sustainable, how wrong they are. As earnings increase there will be a whiplash like rerate at some point, as the market wakes up to the reality of the situation.

Normally a growth company can expect a p/e of 10 and if we achieve the estimated 100p earnings next time that would equate to a share price of £10. But the peg ratio would still be abnormally low, assuming continued growth for 5 years, although that would be another story. High tech high growth companies regularly achieve P/E ratios of 30, 40, 50, even 100. IQE has about 50. A P/E of 50 would give us a share price of £50. But that's not going to happen. I would be happy with a fraction of that, but I'm not saying what fraction!

[panagos] 21/7/2018 22:24

I got it from bloomberg Hawkey they calculate it daily for you

[hawkey2] 21/7/2018 21:32

How did you get this figure ?

E ratio of less than 3


How did you get this figure ?

Book value of 0.65



Cheers


Hawkey

[panagos] 21/7/2018 21:00

Bloomberg terminal, its adjusted daily...sure about the b9ok valie PE might be slightly more. Will confirm again Monday morning

[hawkey2] 21/7/2018 20:30

Could you do a sum please of how you get to those figures. Im sure they are right just how did you get there ?

Cheers

Hawkey

[hawkey2] 21/7/2018 20:29

Thanks Panagos.

[hawkey2] 21/7/2018 20:28

It all looks straight forward...........

Nearly all major oil companies were down on Friday but we went up.

We had news of potentially 100s of millions more revenue with Peshkabir and we hardly went up at all.

Oil was down 9% on the week but our share price went up.

Another payment of 27$ million dollars and we go up 2%

Rig count is down this week.

Saudis producing world record amounts of oil can they produce more ?

Venezuela now claiming they are increasing production.

Brexit getting nearer and could cause carnage for Europe and UK.

Iraq has no government and more and more protect.

Trump is asking Saudis to produce more oil and they are struggling to sell it.

Trump on course with a fall out with Europe and China over Iran sanctions.

Trump on course to cause a world wide recession if there is a full trade war.

So should be a quiet week ahead.....It all looks straight forward.

Hawkey

[panagos] 21/7/2018 16:54

Hi HawkeyNot a technical analyst either but when 300p is smashed in a few days it will probably consolidatw a bit at 350p resistance level. If that is smashed I dont see any serious resistance up to 400p +It has been consolidating at this level for weeks and price held so test is finished no more weak hands so no its ready to continue its wpward travel towards 500p.But its simpler using fundamentals:PE ratio of less than 3Book value of 0.65PE ratio of less than 3Book value of 0.65

[hawkey2] 21/7/2018 16:17

Hi Panagos, Norman Nu,pty here and don't follow or understand charts.

Can you give me a bit of an explanation of what you mean.

Cheers Mucker.


Hawkey

[panagos] 21/7/2018 10:09

3 year chart looks ripe for 400p

[chopsy] 20/7/2018 19:35

That inverse H&S is playing out nicely.....

[teamwork1] 20/7/2018 16:26

Pangons can I give you some advice pls don't say anything about the price going up.

[panagos] 20/7/2018 14:39

boom

287p J.P. Morgan target achievable today.

[teamwork1] 20/7/2018 13:46

Lol its all good pangons

[panagos] 20/7/2018 13:25

so actually you all talk to yourself

[teamwork1] 20/7/2018 13:15

I thought you said 3 pounds will be today

[panagos] 20/7/2018 12:47

PS. mr ramper

check our genl

it will be 300+ before July is out.