Genel Energy Share Discussion Threads

[gregpeck7] 10/11/2017 10:21

KURD/IRAQ OIL FLOW TO CEYHAN STEADY AT 312K B/D: PORT AGENT-BBG #OOTTSlight increase

[panagos] 10/11/2017 09:30

Sorry 165p by month end.:-)

[gregpeck7] 10/11/2017 09:25

122 looks key to me, if it pops it could be 130...

GP

[gregpeck7] 10/11/2017 09:20

Looking ready to pop IMO.

Genl style.

[panagos] 10/11/2017 08:56

160p by month end!

[panagos] 10/11/2017 08:12

Takeover target genl agreed Nick.

[nicksig] 10/11/2017 07:38

That would be cash income that’s about 10% of market cap in two months

[dmore2] 10/11/2017 07:31

Should be 25 mil next month

Combined with the payment for the September override received earlier this week, this brings the total November 2017 net receipts to $23.27 million.

[losses] 10/11/2017 07:11

Genel Energy PLC Receipt of payment for KRI oil exports.If we can get another few then confidence should return.

[fangorn2] 09/11/2017 21:09

"The gap between the sides is the difference between 17% of the Budget that the KRG wants and the 12.6% Baghdad are offering."

Kurds have never received their 17% statutory share of budget as far as I'm aware.Pre them exporting Oil they received up to 11-12%, then nothing.

Abadi is Maliki in all but name.

[cyan] 09/11/2017 17:57

Am convinced that our share price is close to or at its bottom.
One of the 'big pockets' has struck again with a late reported buy of 197,728 shares at 118.52 costing £234,350.
Someone or some entity is happy to soak up any nervous sales, again.

Brent on the up again at $64.14

[dmore2] 09/11/2017 15:38

Its not shrinking with the russians. Turkey fears putin more than the yanks.

[losses] 09/11/2017 15:29

The difference equates to billions of dollars... don't look at 4.6%

[cyan] 09/11/2017 15:01

The gap between the sides is the difference between 17% of the Budget that the KRG wants and the 12.6% Baghdad are offering.

[gray1107] 09/11/2017 14:58

> I think its too simplistic to say the Kurds have lost ALL US support.

While this is true, US global influence isn't what it was under the Democrats. It is shrinking rapidly as a result of the Trump administrations insular policies. e.g.



Hopefully the Kurds get a fair deal whatever happens.

[carla1] 09/11/2017 14:42

Oh Dear...

WHY HOLD THIS INVESTMENT ??

[cyan] 09/11/2017 14:06

I think its too simplistic to say the Kurds have lost ALL US support. There are plenty of big names in US politics arguing their corner and there is a VERY large US base in Kurdistan. The US have tried to be even handed. I hope they can act as an honest broker in working out the financial settlement.

Business will go on; the oil will flow as the parties love the cash. We (GENL) are back seat passengers as, in effect, there is a blood bath in the board room as to who will be in the driving seat .

[pogue] 09/11/2017 13:56

not in free fall as the hope is Genel will continue after Iraqi take over. Clearly that is not a certainty but nobody has said they cant continue yet.

[gray1107] 09/11/2017 13:46

In new sanctions against KRG Iraqi Central Bank stops all financial transactions with Iraqi Kurdish region.

#Iraq asks banks to suspend foreign trading in the #Kurdistan Region

It's game over for the KRG surely, they have lost all US support and are surrounded by states who have personal stakes in the autonomous region being reintegrated to avoid their own sucession movements taking hold. How is the share price not in freefall?

[cyan] 09/11/2017 13:10

Another example of the curious relationship between Al-Shaabi militia and the PKK;



I bet the Turks are not impressed.

Brent $63.52

[pogue] 09/11/2017 11:43

All assumptions being made are based on continued cash flow, the share price is saying that investors in general do not expect that to happen due one would assume this is because of the lack of cash the KRG will have next month after the removal of all Kirkuk revenues plus their guarantee to continue to pay the army and civil service if Baghdad renege on the promise they made to pay them which looks very likely to be the case.
We are back to the merry days of wondering if monthly payments will happen and consequently getting near the price that the shares traded at then. Prospects are one thing cash is something else.