Genel Energy Share Discussion Threads

[nodoe] 25/1/2017 10:30

They can surely use the $400m to pay towards the bond...they paid $50m back 6 months ago.

[mr roper] 25/1/2017 10:26

debt of 650m that needs resolved in 24mths...The market has seen what happened at GKP and possible suspects it may happen here. Certainly a 20% chance, another 6 mths like this and it'll be up to 35%

[cumnor] 25/1/2017 10:22

Back in again-nice. Swamp clearing time-will settle 60s-70s for few weeks and then rise with oil to 90s-100p with POO rising and if lucky 140p on some corporate activity. Traders being taken to cleaners now, and good riddance, on fear but with $400ml cash and rising-and likely to continue doing so as capex down and payments continuing and producing at least 30,0000 bopd and other valuable assets-could be surprises here-a good punt imo, discounting political risk, but with cash exceeding mrkt cap at this level acceptable. We will get the usual trolls predicting 20p (and if it gets there then 5p) but investors should ignore these muppets-if they don't they are not investors-even bigger muppets. imo

[dealer1972] 25/1/2017 10:19

IMO you may get a bounce short term but the trend is still down without any positive news.

[hawkey2] 25/1/2017 10:07

So based on what you have both said gents, where do you think it takes us ??

Thanks

Hawkey

[dealer1972] 25/1/2017 09:50

Indeed but on the daily chart rsi is currently 31.64 so it isn't oversold as yet. MACD looks like a cliff edge!Fast Stochastics % D at 58.57 isn't indicating a buy signal as yet.

[forwood] 25/1/2017 09:30

Draw line on daily chart. Support is 70.25 - the closing price on Nov 7.

Chart that interests me is the 60 min. MACD and RSI showing very oversold. Looking at this I'd expect a short term bounce.


free stock charts from uk.advfn.com

[wantmorethan24p] 25/1/2017 09:17

69p seems support .

[ihavenoclue] 25/1/2017 08:48

* Duplicate post

[ihavenoclue] 25/1/2017 08:48

By the way .. I am not saying GENL has no issues .... far from it lol

[falia] 25/1/2017 08:48

guys look at afg 52m in the bank and mkt cap only 18m, also give divideds

[ihavenoclue] 25/1/2017 08:36

GKP was wiped out by bondholders ... not the same issue here

[mr roper] 25/1/2017 08:36

suspect they'll wait for the results, book a massive impairment on the gas assets then have Tolga Bilgin farm in for pennies while still retaining the 650m debt. Can't wait to see the terms of any farm in, in event of default..Tolga takes all I'm guessing...

[deanroberthunt] 25/1/2017 08:33

going the way of GKP I'm afraid, needs massive investment which can only come the way by shareholders being wiped out.

[wantmorethan24p] 25/1/2017 08:28

market makers testing by the drop..


come on you buyers.

[wantmorethan24p] 25/1/2017 08:27

treeshake..

the scammers want your shares.

[gregpeck7] 25/1/2017 08:25

No lolLow volume they are pushing the limits now

[wantmorethan24p] 25/1/2017 08:25

will it hold 70p...

[mr roper] 25/1/2017 08:25

"they just recieved akmost a quater of the market cap in cash (last two payments)"

how on earth can you make statements like that, that are plain wrong...

Try using the net amount receivable for Genel not Gross?

[wantmorethan24p] 25/1/2017 08:24

tree shake hold on 69 next stop.
hold tightly.

[wantmorethan24p] 25/1/2017 08:23

w1ndjammer you correct when he goes long the share price goes down.

[w1ndjammer] 25/1/2017 08:20

nickmann25 Jan '17 - 07:58 - 14535 of 14538 0 0
upwego

what happened to your 200 point bet when you were long?

am expecting a 75p finish today.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$


lol he added another £50 the share price was always going to fall when upwego got involved
the guy is a walking disaster

WJ.

[gregpeck7] 25/1/2017 08:13

Neutral view