Genel Energy Share Discussion Threads

[sparky333] 04/5/2018 15:19

238p proving tough to crack, once it goes boommmmm !!!!

[panagos] 04/5/2018 14:31

Just joking, no offence

:-)

Of course she didn't buy 100,000 shares based on inside info but the mid term conviction looks to be extremely bullish in investing this kind of money on a single stock.

[chopsy] 04/5/2018 14:27

Sorry able

[panagos] 04/5/2018 12:35

Is he dead then?

:-))

[chopsy] 04/5/2018 11:53

Yes but not the very soon future, as this would be a closed period and he wouldn't have been able to buy. He has bought on the public known.

[nicbw01] 04/5/2018 10:41

Serious wonga to put 230k. Must be good news coming in the future.

[panagos] 04/5/2018 10:34

Director putting quarter of a million of his / her own money to GENL can only be good news!

[sparky333] 04/5/2018 10:18

Agreed easy money for a little capital outlay.

[d1nga] 04/5/2018 10:17

Sparky IMO we will be drilling Miran (on our own) before year end and the early oil will be straight to the bottom line , lots more upside IMO

the neds think so too

[sparky333] 04/5/2018 10:04

Now that is confidence !!!1/4m of own money

[gersemi] 04/5/2018 10:02

Director buy - 100k at 230p

[sparky333] 04/5/2018 08:51

All about cash Net cash before the end of year.So over 300m in ready cash before Xmas.

[sparky333] 04/5/2018 08:43

More broker buys inbound as they join the bandwagon.

[kris akabusi] 04/5/2018 08:27

Given share price it's mojo backAwoooooga!

[sparky333] 04/5/2018 08:23

Well round note by IC.

[gersemi] 03/5/2018 18:35

Tipped in IC


'Genel Energy: autonomous drive

After years of write-downs and political risk, Genel is starting to generate cash'

[panagos] 03/5/2018 13:22

Taq taq was a hot producer then....but £2 - £7 gap must narrow none the less.I guess fair value is somewhere in the middle

[jswjsw] 03/5/2018 13:09

When Brent was last at $75 in Dec 2014 GENL was £7 !!!

Just saying ...

j

[mark88man] 03/5/2018 12:51

only a few months ago I was bemoaning bouncing around my entry price of 118 - now I'm double that - hurrah!!.

On a down note I only need another 118 before I recover my losses from GKP - after that its all gravy:-)

[gersemi] 03/5/2018 07:49

EPS of 70p for the full year to date. Price 230p. PER of 3..that's unbelievably low though O & G companies are subject to unusual valuations metrics which some may not appreciate nor understand, including me

[panagos] 03/5/2018 07:25

Genl PE 3.26, GKP 40...i think I know which one has further room to run!

[chopsy] 02/5/2018 21:06

You see the effect of the RSA is ongoing, not to the same extent but boosting income for the next few years, if I read it right.

[chopsy] 02/5/2018 21:05

Writing off the past receivable in favour of increased future cash flows helped to simplify our balance sheet while significantly increasing cash flow. Under the RSA, Genel receives override payments of 4.5% of Tawke gross PSC revenues for the five year period from 1 August 2017 to 31 July 2022, while capacity building payments ('CBP') on the profit share element of our Tawke entitlement are eliminated over the entire life of the field.

This definitive agreement was the positive culmination of a constructive dialogue with the KRG, and has already provided significant benefits to Genel, with the promise of more to come. $19 million was received in 2017 under the override, and the elimination of CBP resulted in a $7 million benefit to Genel in Q4.

[kris akabusi] 02/5/2018 20:58

Booooooommmmmmmmm!