Greka Drilling Share Discussion Threads

[srpactive] 28/4/2017 20:04

All buys today, mm's drawing nice reverse head and shoulders,
this is a hammered company attempting to recover and the
figures will show that, but it can improve and hopefully will,
dyor as you obviously do.

[yf23_1] 28/4/2017 17:41

Gross operating costs more than revenue in PRC. The more they drill the more they lose.
I really think you should ask Grewal for a breakdown of director remuneration in the notes.

[jamesd888] 28/4/2017 15:11

Greka Drilling looks ahead to better 2017 after 'toughest times'...the toughest part is now over....agree srpactive some more contracts will be on the cards this year and will definitely beat the last year of 2016 in drilling metres, revenues and contracts...so the only way is up now....looking forward to 2017

[jamesd888] 28/4/2017 15:08

Launch GSS LiFaBriC drilling programme to further increase sales volumes.

[srpactive] 28/4/2017 14:56

Lets hope we get some contract news next week.

[srpactive] 28/4/2017 07:41

I suppose the results were flagged to be as released
in January, anyway here is hopefully to more drilling
in 2017, dyor a must.

[srpactive] 27/4/2017 17:40

gc

Why is moderated stated by your post?

[jamesd888] 27/4/2017 09:03

are we going to get a RNS today?

[garycook] 26/4/2017 15:05

srp.GL for tomorrow.Looking like HGM may have bottomed at 142 hopefully.

[srpactive] 26/4/2017 10:09

coxsman

Development Plan Approved For GCZ Block
Tue, 18th Apr 2017 07:08

RNS Number : 5539C
Green Dragon Gas Ltd
18 April 2017

================================

Yes, fingers crossed for some good news soon, dyor.

[coxsmn] 25/4/2017 20:17

Spractive, did you read the gdg April 18th rns, looks good for gdl.

[jamesd888] 24/4/2017 17:28

Barchart say Greka is a Buy

hxxps://www.barchart.com/stocks/quotes/GDL.LS/opinion

[jamesd888] 24/4/2017 17:25

Greka normally put an RNS out stating results. So expect this may come tomorrow or later in the week. Either way contract update and results RNS coming soon.

[yf23_1] 24/4/2017 15:46

shake out sellers..ROFLMAO !

32,000 @ 3.5p , I make that a huge £1,120

We're not talking megacaps, we're talking Fairyland.

[srpactive] 24/4/2017 15:21

Mid price is the same percentage drop as pre-contract win,
very interesting.

[srpactive] 24/4/2017 13:38

From the Greka Drilling website:

======================

IR Calendar
18th January 2017 Year End Operations Update
26th April 2017 Year End Results
IR Contact
Greka Drilling Limited

[e-mail]
===================================

[badger60] 24/4/2017 13:05

JamesYou were doing very well until you quoted Warren Buffet............... always the kiss of death doing that, which normally comes from those without any ideas of their own.

[jamesd888] 24/4/2017 12:25

We should get letter of intent confirmation of the contract RNS this week i expect...Which will give the share price a boost

[yf23_1] 21/4/2017 15:50

$29m and they still can't make a profit. $9m overheads - don't you think thats rather a lot ?

[jamesd888] 21/4/2017 10:21

yf23_1 .....if you wan't to make some profit for yourself then buying now makes perfect sense. You talk about about 2015 which was a different landscape, we are now in 2017 now!!! Winning Major Contracts in India will make a major difference as the government are investing heavily in CBM.......more contracts equals better results from last year which inturn equals MAJOR increase in share price, which equals more profit for you.

Warren Buffet always said by at the lows and now is the time to buy if you want to make some serious money before this share multi-bags from 3.5p to 10p and beyond.

[srpactive] 21/4/2017 08:22

ITV was losing £5bn when I bought in there initially
at just over 20p, turnaround situations look bad
at the bottom, then get better, dyor as you are.

[yf23_1] 20/4/2017 16:36

Winning contracts isn't much use if you don't make a profit.
Let's see, in debt, no profit, inter-Grewal company loans, and a 15% spread.

At half year, current liabilities $35.8m, current assets $17.9m, oops.

Turnover 2015 was $29.9m, cost of sales $23.9m, admin expenses $9.2m ...giving a LOSS.
$600K for Grewal last year, where does he find the time with all his other directorships and private companies.

[srpactive] 20/4/2017 16:22

j888

I am hoping for an rns tomorrow to hopefully
coincide with weekend press, dyor.