Genel Energy Share Discussion Threads

[bad gateway] 10/10/2018 21:48

Stock was turned away from its trend on good volume again though leaving a fairly bearish candle sat up there too imo.
Thinking perhaps with it being rejected by the 50 the gravity of the 200dsma on trend will be too much to resist?

free stock charts from uk.advfn.com

[teamwork1] 10/10/2018 21:33

It doesn't matter what he says,, ,it's not reflecting on the sp

[hawkey2] 10/10/2018 21:32

Tomorrow & The Future..........


Based on the carnage across the pond tomorrow could be a difficult day.

However long term it will be very difficult for the Genel share price to stay where it currently is.

We have 25% of assets producing 130,000 BOPD. This figure is likely to rise to 150,000 BOPD in the coming months.

So come year end Genel will be producing in excess of 40,000 BOPD and be debt free........

That not to mention the usual suspects Miran, Bina Bawi, Morocco, Somaliland and of course our Gas.

One Day Rodders.............

Hawkey

[hawkey2] 10/10/2018 21:31

Murat Özgül, Chief Executive of Genel, said:
“Genel continues to rapidly increase both production and cash, and is now in a net cash position. Peshkabir is once again exceeding expectations, and drilling on the Taq Taq and Tawke fields provides the potential for working interest production to continue to grow. This can further increase our already material free cash flow generation. With notable opportunities in the portfolio,

Genel is well positioned to generate significant shareholder value.”

Hawkey

[gregpeck7] 10/10/2018 20:55

Make that 700... genl be fine just ride it out..

[losses] 10/10/2018 19:57

Correction before the Santa rally... happens every year

[wilc42] 10/10/2018 18:51

UKOG. Up 12% today. Just saying. !

[carla1] 10/10/2018 18:27

But pana...Oil is falling back...

[panagos] 10/10/2018 18:22

This share is quite de-risked after todays amd yesterdays RNS.Cheap as chips is an umderstatement.

[carla1] 10/10/2018 17:51

Pana...remember ...this morning I told you something... sell the news

[kulvinder] 10/10/2018 17:25

So you are definitely short right?

[lw425] 10/10/2018 17:09

Look at crude crashing right now.

BTW. There is a gap on WTI that needs filling at about 70.7.


It WILL BE FILLED.

[rangor] 10/10/2018 16:51

I suspect if genel announced they'd found gold underneath all the gas and oil the share price would still go down.

[sparky333] 10/10/2018 16:30

Aha,Each month the cash rolls in the market will wake up one day.Would love that RNS to drop of a bid approach especially when they could pick up a company throwing off cash for buttons.£3 year end is inevitable the rest is just noise.

[lw425] 10/10/2018 16:23

All the rampers gone quiet now.

Shorters in full control.

Private investors bricking it and heading for the exits.

[cyan] 10/10/2018 16:10

Its a reaction to POO slipping; now $83.45

[nicebut] 10/10/2018 16:10

So much for Cat 4 Hurricane Michael keeping the PoO up....!!

[lw425] 10/10/2018 16:09

Lol.

Might drop an email to Marshall Wallace.

[nicebut] 10/10/2018 15:38

FTSE hasn`t really risen with the DOW, but watch it drop as the DOW drops.

Thinking the DOW might do one tonight...Feels a little precarious.

[kulvinder] 10/10/2018 15:30

Well the yanks came along and spoilt the GENL party...

[lewiscarey] 10/10/2018 15:05

Was nice to be green for a couple of hours, for a change!