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Genel Energy Share Chat (GENL)



Share Price: 998.50Bid: 1,001.00Ask: 1,002.00Change: 3.50 (+0.35%)Riser - Genel Energy
Spread: 1.00Spread as %: 0.10%Open: 991.50High: 1,002.00Low: 985.50Yesterday’s Close: 995.00



Share Discussion for Genel Energy (GENL)


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MarchFish
Posts: 216
Off Topic
Opinion:No Opinion
Price:1,002.00
Oil export hurdle removed for now
28 Jun '14
Iraq Oil Ministry legal efforts to stop KRG exports of oil are reported to have failed for the moment at least
http://rudaw.net/english/kurdistan/280620143
 
TheToaster
Posts: 25
Off Topic
Opinion:No Opinion
Price:989.50
Confidence
22 Jun '14
Worth a punt, I think
Wolfe17
Posts: 423
Research
Opinion:No Opinion
Price:989.50
Update
21 Jun '14
Troajan
Posts: 2,053
Off Topic
Opinion:No Opinion
Price:977.00
wolfe17
19 Jun '14
probably the latter,balls of steel,or they could be just buying on the chart lows,either way,a pretty good price.
Wolfe17
Posts: 423
Off Topic
Opinion:No Opinion
Price:977.00
Troajan
19 Jun '14
Very interesting.

Given what is happening in Iraq, anyone buying in at that level either knows something or has balls of steel.
Troajan
Posts: 2,053
Off Topic
Opinion:No Opinion
Price:978.50
that
19 Jun '14
was big?
MarchFish
Posts: 216
Off Topic
Opinion:No Opinion
Price:971.50
Kurds keep their heads
12 Jun '14
I am a great fan of the Kurdish nation. They keep level headed in a crisis and their attitude towards business and modernization sets them apart from the Sunni and Shia tribes to the West and South.

This is a risky time, but the fact that the SP has weakened but not tanked shows that many investors believe that the Kurds will find a way. Good luck to them. The cards are certainly in play just now.
Bobee
Posts: 10
Off Topic
Opinion:No Opinion
Price:968.50
Insurgents take Mosul
11 Jun '14
Mosel is only 50 miles from ERBIL (Kurdistan) where Genel are extracting their oil. My friend has ljust returned from the region and told me that the Kurds are well prepared for an attack. Iraq is on the verge of disintegrating , investors need to keep a close watch on the situation.
volcano
Posts: 2,130
Off Topic
Opinion:No Opinion
Price:967.00
NEWS
11 Jun '14
steveho
Posts: 3,485
Off Topic
Opinion:No Opinion
Price:1,017.00
Malcy
5 Jun '14
It is worth considering the effect on Genel on the read through from the DNO statement because clearly the market isn’t. With their other bits and pieces the production is getting significantly worthwhile and one must at some stage assume that oil is actually being sold for real money, not something all analysts seem to want to hear. Genel is still very cheap on my numbers and even if you discount for the political risk I get a number not far short of twice the current share price. My spies tell me that a couple of the big boys have done the numbers on Genel and virtually have the offer documents drawn up, so far it has been waiting for politics, as that risk diminishes the chance of a bid increases significantly, Genel is not a stock to be short of at the moment. - See more at: http://www.malcysblog.com/#sthash.EZDCHcRb.dpuf

http://www.malcysblog.com



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