Genel Energy Share Discussion Threads

[wantmorethan24p] 05/12/2016 08:38

look at tullow,premier,ophir,cairn

they have risen more in percentage term than genel why.

[1959cos] 05/12/2016 08:34

far to cheap here imo.

[stockriser] 05/12/2016 08:29

Good news as usual put out just before kick-off. Glad I bought in recently ;-)

[losses] 05/12/2016 08:11

Keep it up 24p... lost loads on the way down.

[wantmorethan24p] 05/12/2016 08:08

the country at war and they still getting paid.

once the war stops i bet back payments will be start to be paid as well.

[cumnor] 05/12/2016 08:06

If they can make a payment at the height of the war then very positive. Whatever the decline rate Genl v cheap at this market cap, esp with Miran. I.m in.

[wantmorethan24p] 05/12/2016 08:03

cheap as chips this is.

[wantmorethan24p] 05/12/2016 08:01

Keep buying well undervalued.

[wantmorethan24p] 05/12/2016 08:01

just bought some more.

[ozzmosiz] 05/12/2016 07:31

Receipt of payment for KRI oil exports

Released : 05.12.2016 07:05
RNS Number : 8910Q
Genel Energy PLC
05 December 2016
Genel Energy plc



Receipt of payment for KRI oil exports from Tawke field



Genel Energy plc ('Genel') notes the announcement from DNO ASA, as operator of the Tawke field, that the Tawke field partners have received a payment of $36.20 million from the Kurdistan Regional Government for oil sales during September 2016.



The payment reflects full settlement of the invoiced amount for September 2016 oil sales, and includes $30.36 million towards the monthly entitlement and $5.84 million towards recovery of historical receivables.



The payments will be shared pro-rata by DNO and Genel.

Tawke production in September averaged 112,897 bopd, of which 112,282 bopd was delivered for export through Turkey.

[wantmorethan24p] 05/12/2016 07:22

well done KRG.At war and still making payments>

[cumnor] 04/12/2016 23:00

Austria doesn't matter-Italy big fish. Great news.

[fangorn2] 04/12/2016 22:57

Austria kept with status quo though...

Interesting to see how it pans out tomorrow.

EU is toast one hopes.


Bring back democracy, self determination and free trade...none of this socialist wealth transfer and protectionism

[ny boy] 04/12/2016 22:55

I think lost is an understatement! Markets will be rocked by this, Italy next to leave the EU, house Of cards in Eurozone

[fangorn2] 04/12/2016 22:46

"Renzi Loses Italian Referendum By Wide Margin; "Northern League" Calls For Early Elections - Live Blog"

[fangorn2] 04/12/2016 22:46

Renzi has lost it seems

[golfhelicopter12345] 04/12/2016 21:43

Potentially game changing news coming out of Iraq tonight re agreed budget with the KRG. Looks like 550k bopd for 17%.

Is the financial crisis in Kurdistan over?

[utrecht_00] 04/12/2016 20:49

Markets could be a bloodbath tomorrow if Renzi loses the vote in Italy.

[amaretto] 04/12/2016 19:44

Sparky, my apologies, I got the dates mixed up, the conference does start tomorrow and goes on until Wednesday. Looking at the schedule, it looks as though Talabani and Hawrami will be speaking in the morning (09:00-10:15) and the IOCs late morning (11:00-13:00). Amongst the IOC speakers will be Bijan Mossavar-Rahmani (Executive Chairman DNO), Murat Özgül (CEO Genel) and Ferrier from GKP. It'll be interesting to hear the language they use when referring to the lack of cash that has been forthcoming, especially the DNO guy who has been fairly forthright in the past.

[utrecht_00] 04/12/2016 19:07

i'm accumulating in the 70's and 80's and lower if I can get it- looking to build up a stake of close to 100k shares and hold for somewhere between 150p-200p.

I wish I could say 500p but I don't see it unless geopolitical things sort themselves out and oil was at $120.

[pogue] 04/12/2016 13:42

Those complain of not getting paid you must have known that was the problem when you bought it as clearly this is undervalued. The value will come out when there is more payments and political certainty demanding the world should change just because you bought a share to me is childish. If you bought in at the much much higher values of £6 £7 then my condolences but I don't think those prices are going to be reached anytime soon.
My stance was requested by someone. I started on GENL as a speculative investment hoping the PoO would raise the price I have since read more on the subject and observed more closely the share movements and am now trading the share, I don't do shorts, as I don't see its position changing for a little while massively in the positive direction I only see movements of 10 or 20% up and down so am trading and if by chance it rerates I might be holding at the time so happy days. I write what I think positive or negative to see if anyone can argue the opposite with logical arguments so I can learn more but am mostly disappointed. I get bored with constant moaning of why is the world so unfair etc and rampers and derampers so filter those.
How's that anyone else want to be honest on what they are doing?