Genel Energy Share Discussion Threads

[jotoha2] 08/3/2017 15:51

Sia has some issues to resolve , and will probably retest 110 and below , we are on the move!

[gregpeck7] 08/3/2017 15:50

Where is 78 then 76 mr Manson ;)

[panagos] 08/3/2017 15:50

Houston prepare for lift-off:)

[nicksig] 08/3/2017 15:47

Go go GENL

[gregpeck7] 08/3/2017 15:41

Sia down another 2 percent as well.Great call there alamaisonDown every day since you bought.

[gregpeck7] 08/3/2017 15:36

940 million debts? No wonder he got sacked...

[wantmorethan24p] 08/3/2017 15:35

BONDS ARE NOT CONVERTIABLE...

UNSECURED BONDS.

they can easily be refinanced.

[alamaison] 08/3/2017 15:31

So, you've had some payments, lol
Presumably still over $400m outstanding and currently reducing at #1.4m per month. So only 24 years to go at this rate.
With 940m debts this is going straight to the receiver/bond holder.
Good deal for them, not for you chaps. Sorry...
Still a day trade perhaps?

[wantmorethan24p] 08/3/2017 14:53

could not agree more with this statement.


btfd8 Mar '17 - 09:51 - 16702 of 16707 2 0
if you're holding for long term, at worst from this level (based on a continued improving situation, that can change obviously) there's 15 to 20% downside risk imo.

But the rewards over a few years could be 300% + . It's all to play for, and I'm in goal!

[btfd] 08/3/2017 13:21

Where's the lonely cambodian?

[btfd] 08/3/2017 10:16

lol kev. I'd hand a transfer request in

[btfd] 08/3/2017 09:51

if you're holding for long term, at worst from this level (based on a continued improving situation, that can change obviously) there's 15 to 20% downside risk imo.But the rewards over a few years could be 300% + . It's all to play for, and I'm in goal!

[tradesmarter] 08/3/2017 09:21

agreed all sells being eagerly mopped up at 81p....was hoping I'd be able to add more at 78p but can't see it going below 80p now so I've added more at 81p...only a tiny pullback from 82.25p resistance and with ongoing buyer support it seems 80-82 tight range and then 'pop' to 86p is my best guess end of month....for now good area to accumulate with buyer support limiting downside.. but 82-82.5p I'd expect more profit taking and selling for a tad longer before we head higher (personally I'd love it to stay this range for a few more months so I can nab more)

[wantmorethan24p] 08/3/2017 09:15

GPX has been trading between 8p and 11p.
am just gonna wait for the next spike up to 11p.
peace talks again next week.


gregpeck78 Mar '17 - 09:08 - 16699 of 16699 0 0
U should have gone uen mate :)

Support stacking up at 81p agai

[gregpeck7] 08/3/2017 09:08

U should have gone uen mate :)Support stacking up at 81p again

[wantmorethan24p] 08/3/2017 09:03

is our BUYER still around??

[wantmorethan24p] 08/3/2017 09:03

march 30th is the key date.all the news is in the price anyway ie gas write downs,taq taq CPR.


W1NDJAMMER8 Mar '17 - 08:48 - 16694 of 16696 0 0
well it ain`t the payments holding this back, wonder if its the CPR and results lol..

WJ.

[wantmorethan24p] 08/3/2017 09:02

good post Pineside.
Am holding for the long Term.

[pineside] 08/3/2017 08:58

I make it just shy of $20m paid to GENL in December for their cut.Assuming this is carried through in 2017 that's what $240m income.What's the expenditure likely to be?How much will we have to sort out the refinancing debt when it comes to it? I don't think they have much margin of error to play with. Certainly not as expenditure I expect to be much higher this year than next as they develop the Gas assets, etc etc.Bought in here a while ago around this price looking for a run to £1. I still think we will get it but I won't be holding long term, £3 or more is some way off, 2020+ I expect.

[w1ndjammer] 08/3/2017 08:48

well it ain`t the payments holding this back, wonder if its the CPR and results lol..

WJ.

[zingaro] 08/3/2017 08:31

Pineside: In December Tawke fell 10% and TaqTaq 15% (roughly)

[wantmorethan24p] 08/3/2017 08:21

WHERE IS MY FRIEND MY DAYTRADER ALAMAISOM5 gone to...
here is a trade for him..
just fancied a punt.



Order Type: At Best
Order Quantity: 50000
Deal Date: 08 March 2017
Deal Time: 08:10
Settlement Date: 10 March 2017
Following your instruction, we have bought on your behalf

Stock Name: GULFSANDS PETROLEUM ORD GBP0.01
Quantity: 50000
Price: 0.0820 GBP
Consideration: 4100 GBP
Brokerage Charges

Commission: 12.50 GBP
Total Charges: 12.50 GBP
Net Total Due: 4,112.50 GBP