Genel Energy Share Discussion Threads

[linton5] 01/8/2016 21:37

What insight have I posted donkeybrains

[linton5] 01/8/2016 21:36

What insight have I posted donkeybrains

[linton5] 01/8/2016 20:42

Hahahahahahaha well done cyan,that's pretty embarassing to say the least 👹

[nw99] 01/8/2016 18:50

Oil price very weak I am looking to buy Genel charts suggest mor downside tho

[ny boy] 01/8/2016 17:51

Could easily be, markets looked to have topped out after a nonsense run up, this guy handles a few $$'s seems to think so...


"The artist Christopher Wool has a word painting, 'Sell the house, sell the car, sell the kids.' That's exactly how I feel sell everything. Nothing here looks good," Gundlach said in a telephone interview. "The stock markets should be down massively but investors seem to have been hypnotized that nothing can go wrong."
Gundlach, who oversees more than $100 billion at Los Angeles-based DoubleLine, said the firm went "maximum negative" on Treasurys on July 6 when the yield on the benchmark 10-year Treasury note hit 1.32 percent.

[stansmith3] 01/8/2016 17:02

..did someone leave the anonymous coward door open again?

[ny boy] 01/8/2016 17:00

Oh dear, chart support gone, trap door moves along the way to penny stock status, only the huge multi nationals will survive the global sector rout. Plenty of dead cat bounces to suck in mug punters.

This time last year the slide was still on, around 400p, having been 1000p the year before!

Look at all the dead cat bounces since 1000p on the chart slide, sucked in plenty of mug punters, thinking it was cheap, it isn't cheap.

[cyan] 01/8/2016 14:05

Black swan events could drive us back over $50. To get there we had to have an extraordinary combination of problems earlier in the year .

Here's Malcy's blog for today;



Brent $42.88

[pogue] 01/8/2016 13:15

Cyan
Must admit I had high hopes of a uplift in PoO this year seems very sticky need more bad news from Venezuela, Nigeria etc

[cyan] 01/8/2016 12:52

Time to post something more positive; Brent now $43.04

[cyan] 01/8/2016 12:32

And still GKP is north of 4p. What a terrible bet GKP is now. Anyone buying in quantity now is risking at least a 50% capital loss in double quick time imo.
It remains overpriced UNLESS you are absolutely sure there's going to be a VERY much better offer soon.
Do not see it happening myself.

Brent $42.76

[hawkey2] 01/8/2016 12:23

DNO being the first I would imagine..........

Not going to well today......down 3%

decision day for GKP this week............will it won't it.....

Wonder if our late payment is in anyway tied up with those discussions.....

[cyan] 01/8/2016 12:15

Hi Hawkey2. Interesting thought, but, i suspect others who are owed large sums would object.

Brent $42.88

[hawkey2] 01/8/2016 12:04

Just wondered what anyone thinks is the chance of us being given Sheik Aldi inlieu of some of the money owed to us. With a FDP in place surely it would be a winner for all ??

[cyan] 01/8/2016 11:53

Good morning pogue. Our posts crossed so i missed your comments. we agree on one thing for sure; No large recovery in POO this year.
I think the Saudi's know they have failed. The evidence being the removal of their oil minister ; the plans to sell off 10% of their giant oil asset and diversify the economy.
Further evidence that they are doing an about face due to the pain is their recent attempt to raise POO to the Eastern market which was undercut by the Iranians .
The market is completely out of the Saudi's control and they know it. They can not win.
Only comprehensive production agreements can cure this rot any time soon, imo.

Brent $42.94

[leedskier] 01/8/2016 11:43

DNO is up again today.

[cyan] 01/8/2016 11:38

Good morning klassic.
I like to post relevant published articles which , today, are not particularly positive.
However, for balance, I would have to disagree with your line on the 'debt' issue.
Exact payment dates may have been erratic in recent months, but, we are being paid and I do not see any evidence of them drying up.

Brent $42.96