Genesis Petroleum Share Discussion Threads

[jimarilo] 20/5/2008 12:02

Just trying to look ahead, have lost profits before waiting for bigger gains, no point getting older without getting wiser ;-)

However we are still well placed for further gains, but will be wary of those warrants being excersised.

If done so on good news and higher volume things should be ok

[barrywhit] 20/5/2008 10:43

Looks like a few took your advice Jim.......

[barrywhit] 19/5/2008 15:56

baht,

Wouldn't like to guess, pre-consolidation price would be nice for a start say 90p..but just guessing last note was before the 4 Norwegian licenses and doesn't take in to account any cash held.......we also need some dates for drilling....but very confident that the company know what they are doing, so very happy to hold and wait.....

[baht] 19/5/2008 15:41

Barry Whats your new target?

[barrywhit] 19/5/2008 11:26

Morning All,

Removed the 56p target from the header......

[joestalin] 18/5/2008 20:53

I think we need a new target. The last one (56p) was met sooner than I expected. Any thoughts?

[mbugger] 18/5/2008 19:47

Was there consoldn. in the share price along way the some time back,bought some a way back,any views.

[jimarilo] 18/5/2008 00:05

After a fantastic rise I am now starting to think both PGS and Aker capital are sitting on a substantial profit with the initial take up of 50 million shares between them @ just 20p



The second take up for Aker @ 25p is 41.7 million and warrants for 9.3 million exercisable @ 40p within 2 years from Decmber 07

PGS took a further 22.7 million @ 25p and a £575,000 loan note convertible into 2.3 million shares at the same price



Haagaard top-sliced some @ 35p, might be wise to do the same at current levels imo

Time will tell ;-)

[barrywhit] 16/5/2008 13:00

Hi Trout, don't know why that should happen, i haven't changed my email settings.........

[troutisout] 16/5/2008 12:56

barry,
You didn't remove it in time, LOL (56p target figure).
Trying to mail you at the moment but getting kicked back by spam filter.

Trout.

[barrywhit] 16/5/2008 12:53

There are no shares available every time there is a buy we tick-up....

[investordave] 16/5/2008 12:51

What the hell is going on with the sp?????

[obmuj] 16/5/2008 12:37

All aboard the GPC express. It seems this is ticking up slowly, slowly 1p every hour or so. Must say, like many, I need to get to about £1 but my 5k [shares] BUY this morning has at least reduced my average to almost a profit after........so maaaany.......years....zzzzzzzzzz! Let's hope that rig is on time and comes up with the goods. Must say I admit to an avergaging down punt this time as given up following any in-depth research over past year or two. Here's hoping!

[barrywhit] 16/5/2008 12:34

I think i had better remove the 56p from the header, we will be passed that figure shortly..........lol

[joestalin] 15/5/2008 09:20

It is not my target, read the header at the top of the thread. It comes from:- 'Research Note issued by: Jefferies International Ltd. issued 1st. May 2007'

It will do for starters.

[ardluilord] 15/5/2008 07:24

J.S. why 56p I need 65p to break even to keep your targets to yourself...LOL...

[haydock] 14/5/2008 09:41

In Dana so I am aware of the situation.
The position re Dana is that they have now had 2 finds in 211 & the proximity to their other producing fields Melville & Hudson make this now an area which may be linked together as a growing successful field.They have more to drill as well.

The area of 211 & the holdings in 211 are not a million miles away, & this can only be good news, as it is very strong good news for Dana & this block 210.

It may have started the transformation of what was an undervalued sleeper, if the sharper bretheran have done their homework, but on the surface it looked as if it was the announcement of booked future drilling elsewhere.

[baht] 14/5/2008 09:32

I see DANA have another Oil Strike on 211. I assume this makes GPC's interest in 210 more interesting. Is this the reason for the increased activity in share price rises or is it the prospects of GPC starting drilling shortly or a combination of the two?

Any thoughts anyone?

[joestalin] 13/5/2008 14:05

This one seems to be well undervalued even though it has doubled for me.

Well on its way to the 56p target.

[barrywhit] 09/5/2008 16:02

ZE00052K,

A steady rise on very small quantity, same pattern take all the sells and up the price on small buying.......

[ze00052k] 09/5/2008 11:37

Nice steady rise for the last 2 days.

[barrywhit] 28/4/2008 16:10

A bit of profit taking today, i'm sure the big boys will pick up all the available stock.........imo

[johnmp] 28/4/2008 13:19

never a chance of posting a link on so called insider information?

maybe true, maybe false. Regardless, the share price as moved of its lows so when can we expect news to take us back over 80p?