Genel Energy Share Discussion Threads

[last of the mohicans] 20/11/2023 14:09

Friday is back, there short of stock & wanting a premium for 5,000 shares again ....

They don't seem to want it in the 70's (for now at least)

I think they are scared following day after day of buy volume significantly out numbering sell volume.

GKP by contrast is very much the other way round selling volume outweighs buying volume virtually every day.

I'm somehow still waiting on a new director holding notice! don't know why I'm expecting it but I am.

GLA

LOTM

[losses] 20/11/2023 14:09

You're right the pattern has become narrow. And we just avoided the 70s

[shareho1der] 20/11/2023 12:15

Most of us have no funds left

[losses] 20/11/2023 11:40

Get ready to fill your boots in the 70s.

[last of the mohicans] 18/11/2023 23:39

Really interesting article on the oil markets

hxxps://oilprice.com/Latest-Energy-News/World-News/OPEC-Said-To-Consider-Additional-1-Million-Bpd-Output-Cut.html

Going by that, it seems Biden has been messing with something else he shouldn't have been.

LOTM

[doctortakeover] 18/11/2023 16:02

HTTPS://twitter.com/111notout1/status/1725789524200964206?t=tz74UnowKTSTL-let0Nj9w&s=19

[last of the mohicans] 17/11/2023 23:16

Hxxps://www.rudaw.net/english/kurdistan/171120231

I would say this is the key point of that article

"The Association of the Petroleum Industry of Kurdistan (APIKUR) said in a statement that discussions earlier this week between an Iraqi delegation headed by Oil Minister Hayyan Abdul-Ghani and Kurdish officials in Erbil “represent a potentially positive step toward resumption of full production and exports,” but warned that any addendums to their contracts should be agreed on by all parties - the federal government, the regional government, and the association. "

It will be interesting to see what develops over the weekend & in particular with any addendums !

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An interesting day regarding the share price !

Sadly No Holding RNS

They attempted to walk the share price down several times during the course of the day & didn't have much success with it.

Far too much demand & a lack of stock to achieve it, or even trigger stop-losses to help there cause.

Tuesday was the only day this week where sell volume was higher than buy volume.

GLA

LOTM

[last of the mohicans] 16/11/2023 21:06

I'm expecting to see a director holding notification either tomorrow or Monday, depending when the MM's have filled there order ('s)

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maxplus2,

good luck getting 73p the lowest traded price in the last year is 74.40p

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Losses

I will try trading them, the problem is news could be any day now & nicking 2 or 3p here & there is going to be dwarfed by the jump that will occur on news of the pipeline being back in action. so tricking splitting it into the core/trading pots!

LOTM

[losses] 16/11/2023 20:58

Since the news is imminent it may not go below 80 this time. The price of oil dropped as well which won't help.

[losses] 16/11/2023 20:57

I've done that loads of times in the last 3-4 months. Buy in the 70s and sell in the 80s.

[maxplus2] 16/11/2023 19:59

Do you reckon buy if it goes 73p?

[losses] 16/11/2023 19:24

So best keep trading them, I have a core pot and a trading pot for these.

[losses] 16/11/2023 19:23

Range will be 73p to 90p until line is opened up... then 120 onwards on first day of line opening

[last of the mohicans] 16/11/2023 16:06

Someone is buying up Genel stock big time at the moment, could well be the directors

I can't get a quote on 10,000 share at all now.

Barely able to get a quote on 5,000 ( sometimes it gives it other times refuses) & the price is 1.1p over the current offer price of 84.4p quote is 85.5xxx

And if you want to sell them volume they'll give you a premium for it.

Could be an interesting close

LOTM

[justiceforthemany] 16/11/2023 14:41

Do these people have no shame or honour? Resumption within 3 days...WTF?

[last of the mohicans] 16/11/2023 10:38

They were trying to walk the share price down last night & are continuing to do so today as well.

But try buying over 5,000 shares and they want a hefty premium.

This is looking like mid October when the directors were buying up loads of shares & the share price movements didn't add up.

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Losses,

Given what happened all of a sudden last weekend, I doubt people will want to be caught out this weekend as it will be an even bigger scramble to get in if news breaks

LOTM

[last of the mohicans] 16/11/2023 10:33

Hi Martym,

Jefferies starts Genel Energy with 'hold' - price target 95 pence

LOTM

[martym] 16/11/2023 07:46

News?? See ticker but no news

[losses] 15/11/2023 16:05

3 days have nearly passed so people assuming once again pipe line not opening any time soon.. back to 80 at this rate

[last of the mohicans] 15/11/2023 14:20

hmm MM's are back wanting a premium of up to 0.5p a share for just 5,000 shares again! not as bad as the 1.5p on Monday but still.

Clearly stock is in short supply ......

I wonder if the directors are busy buying more shares .......

LOTM

[losses] 15/11/2023 13:28

Thanks Nic

[nicksig] 14/11/2023 19:14

I’ve removed the out of date oil charts as haven’t been able to update them. It should make the thread quicker to load