Genel Energy Share Discussion Threads

[mr roper] 09/2/2017 15:59

Wouldn't go near this until both material impairments are booked

[w1ndjammer] 09/2/2017 15:14

believe what you wan`t if it makes you feel better cumnor.

WJ.

[ozzmosiz] 09/2/2017 15:12

Quoting for a buy below the offer....someone is offloading me thinks.

[cumnor] 09/2/2017 14:33

Upset WJ you've been caught out and been stuffed heavily on the short while having had to pay mid 70s to get back in while we have been adding substantially in mid 60s. Good to see the change of tune though.

[cool hand kev] 09/2/2017 14:30

Not all investors are wasting their lives on BB's

[w1ndjammer] 09/2/2017 14:21

be ok once the word gets out, half the do gooders on this bb didn`t even
know why the share price had risen. they keep shouting about shorters but don`t keep
upto speed on the situation. They will need to be told by the press before they cop on

WJ.

[wantmorethan24p] 09/2/2017 14:08

suerly we cannot lose our gains.

[adh0] 09/2/2017 14:03

If they can get another payment at the end of this month for Decembers output, which should be the highest of the 2016 calendar year as long as production didn't drop off a cliff, then I can see nothing but positive news from here.Regular payments, the latest reserves have been confirmed and yes they were all down but not by that much really, a stable to rising oil price, Isis defeated... Given the above who would short? And if the current shorts start to close then we shall really be at the races.If they don't get another payment in Feb though as we drag into March fear will return and that will hamper it for sure. So... all eyes on the next payment. That will be the catalyst to take us up towards £1. Without that I dont think we will get much over 80p. Need that cast iron certainty about payments first.

[cumnor] 09/2/2017 14:03

Many thanks Kulvinder-very, very interesting. For DNO to come out with that suggests its already agreed with the KRG who of late seem to be coming around to the idea it doesn't pay to bite the hand that feeds you. If things take this turn then Genl could see a huge re rating and perhaps get its hands on more assets. At this stage the gas is an irrelevance-albeit one with real value to be realized later. Sadly a few of the resident shorts have been stuffed already this am. Nice.

[kulvinder] 09/2/2017 13:54

Cumnor - see my earlier post- 15374 - re the DNO presentation may explain things.

[cumnor] 09/2/2017 13:48

Even better, Ozzmosiz. Has been ridiculously manipulated of late. One of the majors could easily take a punt on KRG change of attitude and destroy the shorts in a blink.

[ozzmosiz] 09/2/2017 13:45

cumnor, thats what I was thinking. I don't think so.

[cumnor] 09/2/2017 13:43

Have i missed something (outside of Tawke reserves update)? Nice surprise.

[wantmorethan24p] 09/2/2017 13:41

yyes is the stock cleared now..

must be a very distress seller.

[wantmorethan24p] 09/2/2017 13:30

this is the only stock which has not had a re rating...

since the oil price has rien from the low $40s to the mid $50s.

we are lagging a lot behind.

[w1ndjammer] 09/2/2017 13:25

KMANN

think you missed the point, there is only one thing driving this, and its
the best news to come out of Kurdistan in the last 6 years.

also puts GKP in play.

WJ.

[w1ndjammer] 09/2/2017 13:19

24P

I paid 68p the other day for the "just for fun stock" and 70.5p this morning

hopefully our Bod will give us some more info, on the new structure

if it looks good, i will pile in with hard cash big time, with a target

price of 200p. forget the gas for now, the oil is back in play if the IOC`s

are in the driving seat.

WJ.

[losses] 09/2/2017 13:15

Should be looking at £1 very soon.. hope we get there pretty quick as I don't want any company bids coming when the price is so low.

[wantmorethan24p] 09/2/2017 13:14

have revised my target to a 75p finish today..

up from 72p...

may change it later dpending on level 2 boys.

[cool hand kev] 09/2/2017 13:12

SP well over sold from at least 80p IMO

[wantmorethan24p] 09/2/2017 13:10

gegpeck7

what do you mean???

[ozzmosiz] 09/2/2017 13:09

news on payments? link?

[losses] 09/2/2017 13:07

Fantastic news on the payments... re-rating has started

[wantmorethan24p] 09/2/2017 13:07

w1ndjammer looking good..

what price did you pay??