Greka Drilling Share Discussion Threads

[jamesd888] 20/4/2017 13:16

srpactive....I agree this can get to the highs of 2011 and test 50-60p again very quickly. WITH massive contracts wins in india with other CBM Developers, Essar contracts, Petrochina contracts and New tender wins in a short time period...this well could be possible!!

This is why we invest in shares and i have invested in GDL as the potential profit gains here is very big I believe in 2017. Can't go wrong at these low prices like today.

[jamesd888] 20/4/2017 12:57

Any contract news with other CBM developers would in India will make this rocket...I expect news will not be long imho

[jamesd888] 20/4/2017 12:55

Grewal said the company was also in discussions with other CBM developers in India, with a view to assisting them in monetising their gas resources.

He said it was positive to see the Government of India remaining committed to the development of CBM as a major source of domestic clean energy.

We are at the forefront of CBM industry discussions in India..India is going to be where we will get more contracts and the game changer for GDL

[jamesd888] 20/4/2017 12:51

this is under the radar at the moment and 2017 is going to be great year for GDL

[srpactive] 19/4/2017 16:23

j888

Yes, when gdl were making £5m pa, they were 50 - 60p, dyor.

[jamesd888] 19/4/2017 15:54

Spractive i agree and expect this could well 10 once the new contracts roll in..good stock to be in.

[jamesd888] 19/4/2017 15:52

Technicals are still strong and well above the 200 day average.

[jamesd888] 19/4/2017 15:32

Once finalised and signed, the mobilisation of one of the AIM-listed firm’s semi-automated GD75 rigs is expected within 90 days.

[srpactive] 19/4/2017 09:40

Yes, you will be probably proven correct, even then
we will only be valued at £30m. I started buying at 2p
level, expecting this to ten bag for me once contracts
roll in from India and China, dyor.

[jamesd888] 19/4/2017 09:04

Essar New Drilling contract news due soon....expect this may rocket well over 8p over the next month or so.

[jamesd888] 19/4/2017 08:59

Essar New Drilling contract news due soon....expect this may rocket well over 8p over the next month or so.

[jamesd888] 19/4/2017 07:56

Expect a rise is due with letter on intent now confirmed and hopefully RNS to confirm this week.

[srpactive] 17/4/2017 15:09

CM

Can you elaboarte if possible please.

tia

[cheshire man] 17/4/2017 11:25

Greka Drilling Ltd‏ @grekadrilling 18h18 hours ago

India's own oil major in the works: ONGC chair- Vertical integration for stable profit

[srpactive] 13/4/2017 10:31

CM

Looks like all systems go, I was hoping for a move closer
to 5-6p this week after the rns last week.

A closing price of 4 - 4.5p, would have given us a good
Easter close, but nevermind.

[srpactive] 11/4/2017 12:24

j888
===========================

$ Millions $ Millions $ Millions $ Millions
Income Statement 31 Dec '14 31 Dec '13 31 Dec '12 31 Dec '11
Revenue 24.42 30.53 60.92 43.83
Operating Profit / Loss (2.81) (0.30) 4.41 4.69
Net Interest (2.49) 1.39 (0.95) (0.07)
Pre tax Profit (5.30) 1.09 3.46 4.62
Post tax Profit (5.75) 0.31 1.83 2.80
Profit for the Period (5.75) 0.31 1.83 2.80
Equity Holders of Parent Company (5.76) 0.18 1.83 2.79
Minority Interests 0.01 0.13 n/a 0.01

[srpactive] 11/4/2017 12:15

Although small, another buy.

[srpactive] 11/4/2017 10:35

j888

Look back to 2011 and see what they were doing and the share
price, then look at your scenario and compare.

A quick answer though is much much higher.

Still buying more, dyor.

[jamesd888] 11/4/2017 10:11

What price do you think the share price would be if we got Petrochina 100 cluster drilling wells news , as well as the letter of intent from ONGC and another drilling contract for Essar all in this month?

[jamesd888] 11/4/2017 10:04

expect more drilling contracts for Essar to be released very soon too.

[srpactive] 11/4/2017 09:57

Tend to agree, I have the same feeling about this stock as I did
with RTD Retail Decisions back in 2003 when 2.5p, got bought out
a few years later at the equivalent price of 41p, dyor. I
continue to buy. This move down today is just drawing the chart
back to support before the next leg much higher.

[jamesd888] 11/4/2017 09:50

Get in the same time as institutions and reap the rewards