Genel Energy Share Discussion Threads

[d1nga] 07/8/2018 15:02

well its a stupid question , who on earth knows your circumstances better than you

[teamwork1] 07/8/2018 15:01

No need to be sarcastic I was just asking

[d1nga] 07/8/2018 14:56

yes , go and invest the lot at ukog , you'll fit in well over there.

[teamwork1] 07/8/2018 14:46

Am in at 2.77 do you think I sols sell for small profit

[panagos] 07/8/2018 13:57

just checked Bloomberg terminal again...sorry

shares out 279m

float 91.6m

float is around 32%

[hernando2] 07/8/2018 13:54

Re free float the FT has it at just over 50% thats where I took it from, do they have it wrong?

[kulvinder] 07/8/2018 13:43

That is why (So few in free float) we will soon see back the 50p a day movements and we will then know this is ready to kick on into the 500's, I suspect we see the usual profit taking before that finally happens...

[panagos] 07/8/2018 13:34

hernando

actually the free-float is around 20%

[amr2o17] 07/8/2018 13:29

...well worth buying in for / increasing a holding in fact!

[amr2o17] 07/8/2018 13:28

The near term prospects at Peshkabir are quite astonishing, and have the precedent of the success of the wells to date - well worth holding on for that alone.

[hernando2] 07/8/2018 13:19

Volume- I was reading there is around 280 million shares and about 50% of them are free float.

Given todays volume it seems that most are holding rather than selling into the results

Which i think is a good thing

[sparky333] 07/8/2018 12:15

The yanks will drive this past 300p hopefully.

[malkiel] 07/8/2018 12:14

Genel presentation slide deck from J P Morgan MENA conference, 27 Jun 2018

[malkiel] 07/8/2018 12:03

Half Year Results 2018

Professional presentation, well worth a look.

[carla1] 07/8/2018 11:52

Team always does late pm

[teamwork1] 07/8/2018 11:47

Do you think they will be pull back?

[teamwork1] 07/8/2018 11:36

Well done mate

[panagos] 07/8/2018 11:35

Told ya 300p by lunch!

[kulvinder] 07/8/2018 11:33

Needs to break 300!!! Come on Genel!!!

[naithani] 07/8/2018 11:28

Hit 300p ....

[nicebut] 07/8/2018 11:26

At every turn it was good news:

Tawke+ Peshkabir production is going to be impressive at YE. Room for slight increase at Tawke + another XX BOPD from Peshkabir

Taq Taq stabilised at worst....Room for slight increase.

Revenue to step up over the next 3 months as revenue from Peshkabir kicks in

Net Debt- zero by YE

Increase in Net Production, increase in free cash flow.

Increase in YE reserves

Bina Bawi FID very soon. 6 months for first production.

Plus the gas whenever that might be

Medium term for a dividend

What to do with cash...M+A

[d1nga] 07/8/2018 11:24

Look like the penny has started to drop. Re rate time , prod rate should be at least 55000bbls a day in 6-9 months time

Do the math.

[nicebut] 07/8/2018 11:20

Ok impressive results. Someone likes.