Genel Energy Share Discussion Threads

[gregpeck7] 28/9/2017 10:46

120 should be support. Based on technicals.

[topazfrenzy] 28/9/2017 10:44

I'm waiting to load up, maybe around 120

[gregpeck7] 28/9/2017 10:43

Cyan also Brent is up because of what is happening in krg.... that's the problem...

[gregpeck7] 28/9/2017 10:43

Cyan Norway stock markets are much less volatile than here. Dno also much more free stock. Also this could be getting short attacked.I would not be buying dno at the moment though. I can see that having a similar crash.

[gregpeck7] 28/9/2017 10:42

Erdogan speaking now. Saying krg will Now throw itself into chaos..

[cyan] 28/9/2017 10:35

For goodness sake , get a grip people. DNO is up and Brent is now $58.17.

And before anyone says , 'but dno are not just in Kurdistan' the answer is True ; they have a tiny sub 4,000 barrels per day production in Oman; that's it.

[gregpeck7] 28/9/2017 10:31

L2 support 131 then looks nasty

[kris akabusi] 28/9/2017 10:31

What's the buy order set to Carla?

[gregpeck7] 28/9/2017 10:28

Looks like Now Isis are off the table Iraq is turning to domestic matters. They should have just kept things the way they were ...

[gregpeck7] 28/9/2017 10:22

It does look like situation is spiralling. I really don't know what krg thought would come out of this that was positive. Nightmare.

[cyan] 28/9/2017 09:49

DNO is up.



Brent $57.73

[cyan] 28/9/2017 09:46

It certainly did the day before yesterday gregpeck7.

Brent $57.76

[gregpeck7] 28/9/2017 09:41

Relentless dumping at the moment... could change quickly though.

[cyan] 28/9/2017 09:40

This share is so easily moved by small volumes; quite amazing.
One wonders if we are seeing a bit of share price history repeating itself and after our recent drop to similar prices and then end the day blue. Time will tell.
DNO is not so easily hit.

Brent $57.78 a little perkier

[7rademark] 28/9/2017 08:37

well once again you can buy heavily online so it looks like a trip down shortly

[carla1] 28/9/2017 08:30

Its about to TANK cant hold onto any gains !!

[pogue] 28/9/2017 08:11

Supply will continue, I hope, but the Iraq central government is now talking about oil revenues again being paid to them. Hopefully only saber rattling just now but longer term I would say that may prove problematic as its clearly their intent and with this referendum losing Erbil a lot of friends it maybe the chance they have been waiting on. The Peshmurga are now not needed as much as before when they were the only fighting force capable of stopping IS hence the USA etc are not so concerned about keeping the Kurds on side and only want peace in the area something an independent Kurdistan is not going to bring.

[7rademark] 28/9/2017 07:42

The supply will continue. As it has through even the most unstable and volatile of times. As with most unpredictable leaders it's all sticks and stones to try and get their own way. Heavy buying after the close yesterday and no stock available on line so any further weakness will be bought into. Imo

[pogue] 28/9/2017 07:35

You are missing the point the election result was known beforehand, hence my post saying it was in the price, however its Iraq the other outside countries reactions that are what is driving the price down. Whether this is saber rattling or not is the issue. I am not betting on the Russians being our savior here either they only look after their own interests and will use any problem to their advantage. The best hope is the USA saying some nice words but Trump is not backing them.
So the bet is saber rattling or serious intent? I think more saber rattling so down more until Erbil learns that independence is not a reality but no serious intent from the saber rattlers
.

[carla1] 28/9/2017 06:32

Oh dear.. that report..Turkey own the pipeline export tap and they plan to turn it OFF !!This is going to TANK...book your profits

[kulvinder] 27/9/2017 22:03

Cyan, I hope you are right, and the price is more more stable tomorrow now the result is known. As reported it changes nothing, as all it does it gives the kurds leveridge to talk about a seperate kurdish state, oil and gas is needed and business will continue as the companies who have invested want their profit in the years to come.

[cyan] 27/9/2017 21:34

I would be surprised if there is another big fall .
Looks like some are picking up a lot of the dumped shares.
Ultimately there will have to be a settlement; by agreement preferably, or, worse case force.
In the long run , who-ever is in charge, the oil and gas will flow as powers that be, want the income.
Is the present share weakness a good opportunity to pick up discounted shares, that is the question.? Some are buying in quantity.

Long term I remain bullish; business tends to go on in my experience.

Brent $57.58