Genel Energy Share Discussion Threads

[chopsy] 17/1/2019 16:37

Nice but, thx for the conference presentation. What I learned from that was the the GAS FDP for BB WAS SUBMITTED H2 2018. I hadn't appreciated that, we weren't exactly told. That is very encouraging. May be able to progress soon.

[panagos] 17/1/2019 15:55

theyhad to report as holding has breached the 5% threashold.


now Majedie hold another 12.5m shares.

question is are they doing a bit of re-balancing / profit taking etc... Are they done or do they keep selling down their huge position?

[kulvinder] 17/1/2019 15:52

Down we go again, can't hold 200...

[kulvinder] 17/1/2019 15:45

Not good news then? Thus the price drop!!

[nicebut] 17/1/2019 15:44

That`s the reason for the lacklustre performance

[panagos] 17/1/2019 15:42

Majedie has reduced from 5.15% to 4.55%

still looking at genl with interest.

[gregpeck7] 17/1/2019 10:30

Gkp power on. Ten percent above genl now. Genl was higher a week ago. This will move soon.

[kulvinder] 17/1/2019 09:08

Need to break 1st resistance of 201 then 2nd of 207, then we may have game on!!!

[gregpeck7] 17/1/2019 09:01

Good buying pressure today at last. Crack 200p and hold genl.

[nicksig] 16/1/2019 21:37

That's good to hear and POO doing well tonight. Still not clear what is holding this back

[mfhmfh] 16/1/2019 18:59

JP Morgan Cazenove today reiterates 290p target price.

[kulvinder] 16/1/2019 16:18

I am afraid still no interest here, no one buykng in volume, hence slow drop back down.

[nicksig] 16/1/2019 15:59

Especially given the update on Pesh 8 and TT-32

[nicksig] 16/1/2019 15:58

Yes GKP doing well and GENL down again. Odd

[gregpeck7] 16/1/2019 15:13

Gkp smashing 220 genl has to catch up a bit soon.

[red rook] 16/1/2019 14:44

There is still a lot of uncertainty in the Oil markets and where prices will go in the near future. With GENL there is also the risk factor associated with the region. Both the oil price and political unrest can quickly change for the negative.

Surging oil output will push US towards energy independence in 2020, Dept of Energy says...

-- The Department of Energy forecasts U.S. oil production will jump from 10.9 million barrels per day in 2018 to 12.9 million bpd in 2020.
-- The same year, the nation will start exporting more crude oil and fuel than it imports, the agency says.
-- Natural gas output is also seen hitting new all-time highs.

Trump administration still might let Iran export oil, and that could lower prices

-- The State Department’s envoy to Iran is declining to say whether Washington will force oil buyers to cut off purchases of Iranian crude later this year.
-- The Trump administration says it issued waivers allowing eight country’s to buy Iranian crude despite U.S. sanctions to avoid an oil price spike.
-- Obama’s former Iran sanctions envoy says the Trump administration will continue issuing waivers regardless of oil prices.

[cyan] 16/1/2019 14:12

"Oil Markets Could See Deficit In 2019"



Brent now $60.47

[kulvinder] 16/1/2019 13:42

The mind boggles - doing my head in!!!!

[gregpeck7] 16/1/2019 13:03

Agree, it's ridiculous. They just need to get going... a bit like brexit! Cannot believe the share price action today. Ludicrous.

[investordave] 16/1/2019 12:47

Anyone would have thought we'd issued a profit warning.

[investordave] 16/1/2019 12:45

Nope. Can't understand why GKP is I up 8p and we're down 4p. Makes little or no sense to me.

[martym] 16/1/2019 12:43

Not good here atm