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Pudding lol
Being enthusiastic about shares is a dangerous business. I prefer the perhaps impassionate but factual approach to these matters. Generally, if news are entirely in line with what is anticipated then there is little change to SP. The good or bad results are then already baked into the share price, that is basis of an effective market. If GDG publishes accounts that everyone expects them to, we may see a small lift of relief that nothing awful has happened. As for broker recommendations, they're almost a joke at best of times, but they continue giving recommendations along the lines of 700 for GDG. Do you think a change to 750 or 800 would make any difference? Maybe the "black on white" promise that GDG is increasingly generating cash will re-assure some people and help the SP rise, but I am afraid it may still be somewhat limited for the reasons above. If they decide to lay down anything about capital return or something we do not already know, that may be more appreciated by the market.
Roll on Wednesday & lets see the proof in the pudding.!!! Not what l or anybody else has to say !!!
Do you not understand the progress G.D.G has made in all area,s including sales , in there business development programme in the last couple of years, compared to there share price value 2 years ago , & this should continue month on month from now on. Your lack of enthusiasm MB is not making any sense in the light of whats going on at thls moment in time , unless your researching something completely different to me , or possibly not invested in G.D.G. at all. As for MrChow he knows only to well that l do not advocate price rises , without proper researches that any investor can do for themselves , to back up the future of G,D,G,s progress & successes . l further do not understand his comment below as l believe he is not invested or otherwise interested in G.D.G. G.L.A.
Very true valueMB just Trion trying to get people to buy in on false news!
Well to be honest, the only reason for change in SP on announcement of results is if it is better than what was expected. Else any strength should already be baked into the share price.
Surely G.D.G.s Share Price has got to be reconsidered strongly on Wednesday , with there end of year results,which will include what they have sucessfully achieved last year , & onwards this year with exspected 16---18 bcf.of gas production produced end of 2016, & a further target of 54 bcf. achievable with the help of Chinese Partners whithin a couple of years time . Has G.D.Gs.moment of success finally arrived ???. What do you all think .? G.L.A.
I'll be happier when stock liquidity improves, and there is a timeline for a progressive dividend policy.
Todays announcement gives me even more confidence , that Randeep Grewal is putting all his eggs in one basket with G.D.G.s future development selling even more C.B.M. gas in China as the massive reserves of gas are now being connected up to all the new infrostructure in place with our Chinese partners ln China , together with a possible farm out partner to hep accelerate the process & developement of even more gas on line for future shareholders value. Whats not to like !!!!!!.
There will also be a presentation for investors etc on Wednesday if you're in London and have time available. Apparently they intend to touch upon matters such as return of value to share holders. Sadly I have other matters to attend but it will be interesting to see if there are any concrete plans. If so, that may trigger an appreciation in SP.
There will also be a presentation for investors etc on Wednesday if you're in London and have time available. Apparently they intend to touch upon matters such as return of value to share holders. Sadly I have other matters to attend but it will be interesting to see if there are any concrete plans. If so, that may trigger an appreciation in SP.
End of year results date , thats old news !! Whats the point of red dot on that . G.D.G. red dotted that 6 days ago .
Full year results 27th, GLA hope this pushes up on news although I've been out from some time now.
What news , l can,t find any , anybody know what red dot is about !!!
Well done Mark Rowlands for instagating this petition ( which l have signed & believe everybody else should make the effort ) to make sure this very important issue is corrected to safe guard our invested positions. A classic example recently was Randeep of G.E.L. selling & buying over $47 Million shares in the same day Causing a steady rise in the share price , & being listed as a buy in the directors deals , this is all very confusing , because it would appear he just brought back shares that he had already owned , but the L.S.E. did not make this at all clear . l to brought a further amount of G.D.G shares recently which were not recorded on there website at all.!!! At G.D.G. current share price its got to be a WINNER !!! STRONG BUY !!! l would say .
Apologies for board hopping but- The petition is going quite well; 4000+ signatures so far. Although it really needs a turbo boost. https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016. The FCA don't even reply on the matter, now is your chance to have your say. If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. My local MP supported this petition by writing to the petitions committee to help un-stall it. There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go! If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so. We really need a social / media savvy individual to help generate more interest in this.
Broker Peel Hunt have announced on 5 April , there latest forcast is a buy for G.D.G.at £7 . Thats good enough for me , bring it on . G.D.G.are well under valued at todays share price. So why all the sells ???.
What l dont get is Edisons Business Review 2 years ago that reported G.D.G. were on the move up with gas production doubling per annum end of year 2014 with a share price at over £5 , which was in fact reached . Now we have Chinese Partners , & much further developement & lnfrostructure in place with predicted gas volumes to be 16----18 bcf by year end 2016 which seems a very reasonable target under the above circumstances . So why the falling share price , it should double at least during 2016 on the above facts based on Edisons accurate report & what G.D.G. are developing right now .
Perhaps we will get some BAD news & the price will go UP !! Who said sarcasm is the lowest form of wit !! Volatile is an understatement with these Greka companies !! Roll on the end of April , & lets get some proper increases valuing the S.P. to what it should be .MUCH HIGHER !!!
Only just realized mistake in previous calculation , should read Total Liabilities $685 M. not $884 M. which leaves us with Total clear Equity of $739 M. Really not to bad all things considered & the amount of gas G.D.G.should be producing this year & onwards . So why all the sells , this company even with its track record , is surely going to be rerated with the end of year results coming shortly, & steady rise from then as even more gas being produced ,in conjuction with our three big Chinese partners. We should surely have a value by mid summer of arouned £4 -- £5 pound & thereafter who Knows , & thats being quite conservative l think .
With our current & non current liabilities standing at $884 M. & no G.D.G. well mobilization orders forthcoming , its not surprising Citigroups S.P. forcast is a lowly £3.43 Neutral buy . G.D.G.need to start promoting some good news & not let us wait till the end of April , for maybe another sting in the tail , G.D.L need the drilling work & G.D.G. need the gas production to reach there forcast targets . Randeep is playing his companies more like a poker hand every month , things have got to move up a notch this year , otherwise investors really will start losing interest l feel , just like G.D.L. have exsperianced . l still dont really understand why we are not in a much more stronger position with the shareing agreement with the big Chinese companies , they still seem to be calling the shots , especially with our provision costs input . Anybody got any thoughts on the above .?
Good news on one hand with the subsadised value of gas prices , & then the bad news with analysts Citigroup brokers forcasting our value at neutral £3.43 per share lt really makes you wonder how they do there calculations , where they get there imformation from , & do any of them no what they are talking about . ( other brokers saying £ 8 --- £9 pounds ,whats that all about ) We people often buy on what these brokers are forcasting . l sometimes think we would stand more chance making money on a three legged horse at the local betting shop . How many times have we seen companies floated on the stock market & within 6 months or so have devalued 30 or 40 % or more . ( lm having a right moan today l no !! but its true is it not .? lm quite sure G.D.G.is going to score for us all soon ( at least l think lm sure ) but then again ,you never really know where you are with these companies any more , do you ? Does,nt seem to be anything to go wrong now ? Does there ?
trion: I think the provision is to cover the work done by CUCBM and others, which is to be paid out of cash flow. I would imagine this will reduce as production increases and slowly fall out of the books, as will the CNPC provision as noted in the 3/2/16 update. Just my understanding - not intended to be gospel, as it were.
H1 exit rate was 10.15 Bcf and the loss was tiny (GDG was probably cash generating for the last two months of H1). At the end of H2 we beat our 12 BcF target and have now been handed a further 5% on the price we sell at. When you factor in the new revenue for other fields developed by partners who have now achieved their cost returns, that looks really health. I predict a share price of over £4 in 2016 - a no brainer.
From Chinese state. Increases revenue per gas sold by approximately 5% I think but do your own research.