Genel Energy Share Discussion Threads

[kulvinder] 01/8/2017 08:32

I don't want to jink the rise - so saying nothing.

[losses] 01/8/2017 08:25

Carla79... brown pants time lol

[jaspoland] 01/8/2017 08:23

Carla1. What a muppet you are.

[phillis] 01/8/2017 08:21

KRG recivable at $200k has halved in last 12 months and is $50k greater than net debt

Even an idiot should be able to project this !!

( and there are plenty here on this BB for sure)

[nicksig] 01/8/2017 08:18

Going well and much more to come imo

[losses] 01/8/2017 08:17

Nice action... 106 gone for good hopefully

[losses] 01/8/2017 07:57

Hopefully we can clear 106 today

[panagos] 01/8/2017 07:57

brent @ 52 wk high.

+ Good results:

Since the 2016 year-end results, an improved Brent oil price of $52/bbl (1H 2016: $40/bbl) price, steady asset performance from Tawke, consistent payments for both current oil sales and past receivables, and the offsetting of CBP, generated proceeds of $139.3 million compared to $118.8 million in 1H 2016. The increase in proceeds, together with the reduction in operating expenses and offsetting of CBP against the receivable has resulted in improved operating cash flow of $114.2 million (1H 2016: $79.7 million) and, together with reduced capital expenditure, improved free cash flow to $78.1 million (1H 2016: $33.1 million).

[carla1] 01/8/2017 07:54

Sell orders out !! Be careful wait for the dip..

[gemlotte55] 01/8/2017 07:51

Thanks nick

[nicksig] 01/8/2017 07:49

Align Research now have a short-term target of £1.50 fwiw

[celeritas] 01/8/2017 07:44

I'm not holding, just waiting to get results done which are excellent in my eyes. I'll be buying today as these are excellent. Gas news will come in the second half under its own rns as muted.

[nicksig] 01/8/2017 07:37

Talks with gas partners will be concluded in the second half of this year. What more can they say? The emphasis here - given that these are results - is on cash income and debt reduction. The Company is in a better financial state than it has been for years. It looks like it is trying hard to get KRG to accelerate back payments. That would make a huge difference

[gemlotte55] 01/8/2017 07:37

Assets of 1.3 billion, quite a discount

[carla1] 01/8/2017 07:35

Impossible.. to much debt already...They are a puppet to anyone with cashSee you at 96p

[gemlotte55] 01/8/2017 07:33

What would be the development costs be if genel took the project forward themselves

[carla1] 01/8/2017 07:31

Eh... production decreases..No gas deal imminentMassive debt pile..Broker downgrades..Wake up man !!

[losses] 01/8/2017 07:30

Doesn't inspire much confidence regarding the gas project... I think they should have mentioned what progress has been made with talks..

[lw425] 01/8/2017 07:28

All this free cashflow + KRG receivable of around 200m + transforming Gas deal to come.

200P+ does indeed look real now.