Genel Energy Share Discussion Threads

[farrugia] 07/6/2023 11:47

makes you wonder - and why do they keep buying - they have enough already?

[kris akabusi] 07/6/2023 11:08

Go Bilgin!Booooooooommmmmmm!

[tombag] 07/6/2023 10:42

GKP post on ADVFN today:

'From LSE:

Tolga Bilgin (49) and Hassan Gozal (49) both went to Bilkent University, same course / same time - Friends ? Business collaborators ? Mmmmmm

HG - 17% ownership, TB - c25% ownership, Turkey Bank - 20% (shares held by HG/TB ? Or by other contenders like Vidat Bilgin (TB uncle)

So in reality 62% minimum of Genel is owned by small group of individuals and two of them HG/TB seem to be like Siamese twins.

So anybody out there - what are the rules and thresholds for LSE companies and when do people need to make an offer - as to me there looks to be a low ball buyout of Genel ongoing - with a little help from Turkish Government, extending pipeline shut-in gives them longer to acquire even more on the cheap

All the above just summations 2+2 and all that can be anything but seems to smell like 4 to me !!!!'

[justiceforthemany] 06/6/2023 17:45

What is their holding up to now?
They delay in the RNS is really poor.
Low volume pullback today.

[40quidminimum] 06/6/2023 08:22

It does indeed

[sporazene2] 05/6/2023 19:38

It looks like Bilgin are making a move on GENL.

[justiceforthemany] 05/6/2023 16:32

Check out the trade at 1628
I make that about 1.2 million shares bought today in about 5 trades

[kris akabusi] 05/6/2023 13:29

Wouldn't be surprised if Bilgin are buying more. They'll be the first to know what's driving the rise.

[chopsy] 05/6/2023 12:51

Maybe just POO.

[chopsy] 05/6/2023 12:50

What's up? News leaking?

[greyingsurfer] 03/6/2023 09:26

Barclays are always slow paying dividends, but I've never had to wait that long. II paid my GENL div on my avccount with them 2 weeks ago. Sounds lile a foul up.

[wally anchor] 02/6/2023 18:46

That’s crazy, I contacted Barclays and they claim that they haven’t received the funds yet! Time for a change of provider me thinks. Thanks for the feedback, much appreciated

[losses] 02/6/2023 14:50

Got paid same day with IG

[kris akabusi] 02/6/2023 13:35

Nope, II & HL paid within a day or two

[wally anchor] 02/6/2023 12:49

Anyone had problem with receiving their Dividend? I'm with Barclays and still no payment received

[justiceforthemany] 01/6/2023 13:16

Probably just has too much money.
No resolution to the Ceyhan pipeline in sight....

[farrugia] 01/6/2023 12:17

he added again today - he must think its value at current levels. And you can't really blame him - a big chunk of it is net cash plus you have assets in Kurdistan + Morocco + Somaliland

[justiceforthemany] 01/6/2023 12:12

I thought directors are not allowed to buy if a takeover is imminent??

[buyingacastle1] 31/5/2023 16:11

I have added another £10k today - it feels rude not to when it feels like Genel is obviously being targeted for takeover....

[buyingacastle1] 31/5/2023 15:50

Bilgin is Turkish - it is an interesting website and they must have a lot of senior Turkish connections....

[farrugia] 30/5/2023 13:32

they must think its excellent value at current levels.

[d1nga] 30/5/2023 12:13

What do Bilgin know that we don't?

Certainly more than us and they keep throwing money in 😎

[kris akabusi] 30/5/2023 12:09

Very interesting