Genel Energy Share Discussion Threads

[panagos] 26/9/2017 09:41

today is the bottom

[nicksig] 26/9/2017 09:41

Support at 120p

[gregpeck7] 26/9/2017 09:35

Cyan gkp also being pounded.

[cyan] 26/9/2017 09:33

Four weeks ago the Turkish Foreign minister was sent to talk with the Kurdish president. It seems inconceivable to me that the minister did not discuss with the Turkish president what message he was to convey regarding the referendum.
After meeting the Kurdish president the Turkish foreign minister was clear; no blockade.



Since then we have the Turkish president making bellicose statements suggesting the opposite.
For me , this is the significant line;



"If there is a threat against us in Iraq and Syria, all options are on the table," he said.

If he can be reassured that nothing will adversely impact Turkish security and sovereignty ; I am hopeful that business will continue.

GENL is not the only company whose trade could be adversely affected, but , strangely seems to be the one whose share price is most impacted by the concerns.

Brent $58.24

[d1nga] 26/9/2017 09:31

its tightly held , not much free float , trade the volatility to your advantage ;-)

as stated above DNO is a good indicator of the real situation and sentiment

[panagos] 26/9/2017 09:23

exactly.
no volume
dno who channels most of the oil in Turkey is up today
capitulation day today

[7rademark] 26/9/2017 09:22

From 9am all the sells are mostly small 1k 2k or certainly under 5k. Panic from small holders and manipulation to bring the price down on news that simply won't happen.

[losses] 26/9/2017 09:19

No idea if it will stop at 132!I was hoping we would be banging on the 200 door but not going to happen now until politics is resolved and we have gas.

[7rademark] 26/9/2017 09:18

Are we tracking oil yet.

[losses] 26/9/2017 09:13

Thanks kulvinder

[kulvinder] 26/9/2017 09:06

S1, 144 S2, 139 & S3 132 - take your pick where the fall will stop.....

[ihavenoclue] 26/9/2017 09:04

Losses ... just use a piece of paper from July and you will see we are at the bottom of the uptrend so not sure where your comment has come from as this is the support level of the uptrend.

[panagos] 26/9/2017 09:03

hxxp://www.dno.no/en/investor-relations/share-price-development/

DNO price up!

KEEP CALM AND KEEP BUYING GENEL!

RSI @ 30 bounce overdue.

[fangorn2] 26/9/2017 09:02

More than 90% of Iraqi Kurdish voters have said they support independence of their home region of Kurdistan in northern Iraq, according to initial results, and turnout was more than 72%.

The final referendum result is expected within three days.

Kurds do deserve a nation of their own


Turkish President Recep Tayyip Erdogan on Monday threatened to shut down a pipeline used by Iraqi Kurdistan to send crude oil to Turkey and global markets

All bluster imo.

[losses] 26/9/2017 08:33

Where's the next support here Chartists?

[cumnor] 26/9/2017 08:33

Could be suddenly worthless if Turks and Baghdad play hardball-politics a dangerous game in Kurdistan.

[gregpeck7] 26/9/2017 08:30

Don't underestimate what turkey might do chaps. The us are quite hands off now in this sphere. They won't get involved imo.

[topazfrenzy] 26/9/2017 07:49

The US won't let Turkey fire things up with pipelines otherwise the whole region will blow up, thus the importance of Syria and pipelines there ...

Worth putting some money into Tullow with oil where it is and to hedge this one

[panagos] 26/9/2017 07:46

Yes vote estimated at 93%!
Wow!

[panagos] 26/9/2017 07:27

brent @ 59.04!

[panagos] 26/9/2017 07:27

And KIM will also send a nuclear and a hydrogen bomb into the KRG area.

[lw425] 25/9/2017 23:02

Erbil gets invaded by a three pronged attack and divided up between Turkey, Iran and Bagdhad.

[lw425] 25/9/2017 22:57

Guys GENL and GKP could be worth 0P if it all kicks off.