Genel Energy Share Discussion Threads

[cool hand kev] 13/12/2016 10:45

Or is it just a bear trap?

[jotoha2] 13/12/2016 10:31

If it's going to get to a £4 takeout , then they need to let it go a lot higher before they announce talks , usually a bid comes in around plus 60% of the price prior to news of talks.

[sparky333] 13/12/2016 10:28

Need an official RNS at GKP. They rockets will be ignited then.

[mickyboy2] 13/12/2016 10:27

We must be next on list for a Major sill making money + big Big Gas

[seball] 13/12/2016 10:26

I think this will force bidder to place bids for Genel

[seball] 13/12/2016 10:24

Agreed Genel a far better Buy than Gkp. This could get very exciting as Genel shares are worth at least x4 more than current price imo

[golfhelicopter12345] 13/12/2016 10:22

Sinopec entering Kurdistan clearly a game changer and will likely see a scramble for assets. Re-rating will follow quickly. Assets will stay at a discount to international peers due to politcal risk, but won't be the cirrent 90% discount.

If GENL valued at a 50% discount, shares re-rate to 400p.

[jotoha2] 13/12/2016 10:01

Makes a lot of sense if it's a goer .

[ragewarrior] 13/12/2016 09:59

Mr Shouty is missing it all...

[losses] 13/12/2016 09:54

150p no way... it's worth 400p

[sparky333] 13/12/2016 09:49

Story is on Bloomberg look at GKP for the link to it

[jotoha2] 13/12/2016 09:45

Turbos at the ready !

[ragewarrior] 13/12/2016 09:44

Agree, I'll sell for 150p +

[sparky333] 13/12/2016 09:43

If Sinopec bid for GKP, Genel will not be far behind to be taken out in the cheap.

[ragewarrior] 13/12/2016 09:41

Oil going up shorters closing for Xmas...

[sparky333] 13/12/2016 09:37

Aha Sinopec eyeing GKP

[sparky333] 13/12/2016 09:35

What jus happened ???

[sparky333] 13/12/2016 08:31

The bottom line is that if the IOCs do not see a material improvement in payments from Jan 17 when the KRG are racking in over a billion a month this share is finished.But if they play ball and a significant effort is made to repay the IOCs which in turn allows them to increase output then it is a win win So no brainer, but then again this is the Middle East !!!! Logic sometimes does not apply but filling the pockets of the elite.Jan 17 exports presentation on the MNR website will be a very interesting one to say the least Normally $75m average to the IOCs so that's the benchmark.

[midasx] 13/12/2016 08:25

From the TLW thread

[sparky333] 13/12/2016 08:16

Ps next payment will be based on oct POO price so we will not see the impact of POO over 50 until Feb.Unless of course !!!! With the extra cash monies they catch up because what ever you may think of the supply and demand off POO I think Brent over 50 is here to say though 2017 and 50-60 the new trading range.

[deanroberthunt] 13/12/2016 08:09

new lows could be coming....

[mr genel energy] 12/12/2016 22:15

55.4


goodnight.

[mr genel energy] 12/12/2016 20:39

not looking good
brent crude 55.15

its gone down from 57.45