Genel Energy Share Discussion Threads

[jotoha2] 14/4/2017 13:34

First sign of any movement on the gas project will see this go above £1.40 rather swiftly , news within 3 months for sure! Have to be in to win.

[oilandgas1] 14/4/2017 10:22

Good stability on the share price but we need to see receivables addressed over the next 1-2 year, at mire than 5%

The Company has $730.0 million of bonds maturing in 2019 in issuance, of which $55.4 million are held by the company resulting in total externally held debt of $674.6 million (2015: $730.0 million) and net debt of $241.2 million (2015: $238.8 million).
The net receivable with the KRG for unpaid production at $737 million at 30 Sep 2016 ($712 million at 30 June 2016)

[kulvinder] 13/4/2017 21:24

Today was a good day as the price kept over 82p for the second day. It will be interesring in the coming weeks. If the masses start to wake up to the massive potential then 82p will be dust.... but that is just my opinion always do your own research and make your own decision. Wishing all on this BB a peaceful and happy easter. Have a gooden.

[ihavenoclue] 13/4/2017 20:58

80p was support for this share a month ago ... this share has no support

[karateboy] 13/4/2017 20:12

80p is becoming a support for the share price not a resistance. It is interesting no shorters today. They are going to pay a heavy price.

[m5] 13/4/2017 16:21

In terms of the chart the last two days have shown strong rejection of lower prices. I think we will push forward nicely.

[d1nga] 13/4/2017 14:42

^^

ramptastic

lol

[top tips] 13/4/2017 14:20

88E spudding the Icewine #2 well in 10 to 15 days time. Could go from just under 3p to over 4p on spud and multiples thereafter.

[topazfrenzy] 13/4/2017 13:20

dips to be bought here this is going to double this year IMO

[panagos] 13/4/2017 10:17

tiiiimbeeeer?lol

[karateboy] 12/4/2017 19:50

Closing above 80p and at highest of the day, is significant. Don,t worry panagos , When share price goes to 143p , carlo will not have any money left, if he is really shorting this share.

[jotoha2] 12/4/2017 18:03

Carla 1 you are starting to look rather silly , best hide for while like the other guru Mr Roper.

[panagos] 12/4/2017 15:15

if you wait a few more weeks you might get them for 143p :)

[carla1] 12/4/2017 15:14

43 p buy order still live

[panagos] 12/4/2017 15:10

It just doesn't want to go down... does it?

[panagos] 12/4/2017 12:11

carla we will all be dead until your buy order gets filled, because the bottom has been reached. We are on the way up north a quid.

choot chooot train leaving the station

:)

[carla1] 12/4/2017 11:49

TIMBER !!!

43 Buy order still live...

[top tips] 12/4/2017 11:25

Modern Water (MWG) could 10 bag.

[cyan] 12/4/2017 11:02

Extremely undervalued. Just look at Market to book ratios's.

In theory a number 1 means valued fairly. Over 1 means the company is well valued by the market; the shares are at a premium. Under 1 means the shares are undervalued; at a discount.

Compare TLW ; MTBR 1.79

with GENL 0.09!!!!

Brent now $56.57. Very roughly imo every dollar Brent rises is worth $1 million USD PER MONTH gross to GENL

[oilandgas1] 12/4/2017 11:00

Extracts from RNS Fy results:

Net receivables from KRG: The net receivable with the KRG for unpaid production at $737 million at 30 Sep 2016 ($712 million at 30 June 2016)
30mar: a book impairment of $191.3 million. This has no impact whatsoever on our right to recover the amount due from the KRG, which we are entitled to recover in full, which is the nominal value of $515.9 million.

Net assets at 31 December 2016 were $1,333.4 million (2015: $2,574.8 million) and consist primarily of oil and gas assets of $1,538.7 million (2015: $2,602.1 million), trade receivables of $253.5 million (2015: $422.9 million) and net debt of $241.2 million (2015: $238.8 million).

Cash : Strong liquidity position at the end of 2016, with unrestricted cash balances of $407 million ($455 million at end-2015)

Capex: -- 2017 capex guidance for Taq Taq and Tawke reiterated at $50-75 million. KRI gas business and Africa exploration expenditure also reiterated at c.$50 million

[panagos] 12/4/2017 10:47

genel bond prices up again. Genel shares are hugely undervalued imho.

[panagos] 12/4/2017 09:38

43p buy still live? lol

[jotoha2] 12/4/2017 08:14

Well done Align research , unlucky Mr Roper and the rest of the gang!

[panagos] 12/4/2017 08:12

price of oil flying, bodes well with Genl stock re-ratumg and nond buyback.