Genel Energy Share Discussion Threads

[nicksig] 04/1/2019 10:35

Yes the gas is the key, ultimately, to long term value here but progress to date has been painfully slow. It would be good to know exactly what their plans are moving forward

[sparky333] 04/1/2019 10:34

And people are selling at this price ? I suppose they need their beer money for the weekend lol

[sparky333] 04/1/2019 10:34

That 19.3 million to 23.7 million barrels for 2019 year end Very big numbers.Never mind the Gas

[sparky333] 04/1/2019 10:31

Numbers on the 15th are crucial year end we could have been pushing 36 to 38k.Outlook could be Genel numbers of 35 to 40k just from twake, 8-10 for TT and 10-15 from Bina Total at the end of 2019 53 to 65kNot to shabby.

[cyan] 04/1/2019 10:29

$57. helpful

[nicebut] 04/1/2019 10:24

Pesh production should be up. Taq Taq too.

[goldrush] 04/1/2019 10:20

cyan

Even although doubling the business it would have a multiplier effect higher than this due to the nature of the more secured profits and give us a higher P/E ratio overall....thus a share price say 3 or 4 times higher than here IMHO

[cyan] 04/1/2019 10:06

The gas will be a gigantic price driver , imo. Based on the agreed terms; $1.20 per thousand cubic feet supplied for processing; and the predicted plateau production numbers, I worked out gross earnings pa will be £400m.

Will double the business and hopefully the sp

Brent $56.77

[sparky333] 04/1/2019 09:57

We should take a peak at 200p soon enough with results looming.Gas new and 300p is conservative in the short term.

[cyan] 04/1/2019 09:23

I think its POO's strength at work. Brent now $56.81

[carla1] 04/1/2019 08:13

I'm employing Pana again..He will be along soon x

[nicksig] 04/1/2019 08:11

Wow. A technical move out of the decreasing channel or something we don't know?! Go go GENL!

[martym] 04/1/2019 08:08

Whhooooosshhhhh

[cyan] 03/1/2019 14:33

Well done nicebut. I did say to myself buy HUR when it drops to about 25p but just couldn't do it. I was not convinced. Really must trade more.

GENL looking better backed by POO ; Brent now $55.64

[nicebut] 03/1/2019 13:13

I agree cyan.

I am trading HUR though and quite successfully over the last 2 years. Probably better than I`m trading this, that`s for sure! But I am slightly nervous for the longer term re HUR....I hope Trice makes it work- I should imagine it`ll get quite volatile around first oil and beyond- Going well today though..

[nicebut] 03/1/2019 12:38

HUR is getting close to being worth twice GENL and it produces how many BOPD and how much FCF per month? Worth £437m more- quite remarkable.

[sparky333] 03/1/2019 11:16

POO just gone blue fingers crossed.

[kulvinder] 03/1/2019 10:14

Could not get past the resistance of 186, now pulled back to 181.

[nicksig] 03/1/2019 10:13

Looks like that was the point of resistance. Need some decent volume to break through. A rise in POO will help

[sparky333] 03/1/2019 10:09

POO about to go blue

[sparky333] 03/1/2019 10:01

We defo have a background buyer soaking up the sells.

[losses] 03/1/2019 09:43

Should smash through soon..