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Wait and see in September
Leave it too them... They clearly have no understanding of the company. II selling.. Lol. No evidence. In 3 years i aint seen an II buy neverless sell. until a few weeks ago the spraed was 200%+ and daily volumes less than 1000 shares! Lol Let them ramp and guess. No need to to get involved. My last post
Halifax haven' let me buy or sell more thanks 10k of shares
Hard to say really, could have caused the drop or could have been the start of the rally back over 1
what is the last trade is that really a sell of 9k worth of shares ?
good post
The sp was rocked by essar contract to its lowest 0.6 but are we not forgetting that one rns it went up by over 122% at the time of the rns the sp was very low hitting 2p would be a mammoth jump this sp will clearly Start to climb back to where it stagnated earlier in May at 2p approx and continue to rise shortly after the trading that went off yesterday was phenomenal for gel so much the sp is shy of 1p a good rise from 0.6p wouldn't you say there has been teething problems like any new company but the infrastructure is there now you don't dissapoint your share holders at cbm by picking gel to over run costing millions without reassurance we are not privy too that they won't such as quindell says more staff and I think we have a huge talent pool of worker's from India thanks to essar delayed to pick from we proved we can do it once were just replicating that result 56 ? Times . We are not reinventing the wheel . The instability in China won't have helped in recent weeks either but with local companies in dire tokeep the country using an outsider like gel and gdg negates them being bankrupt unlike state owned and Chinese stock market liinked companies. I am really enthusiastic about this stock and can't wait .
Possibly OTPP
Gel? Which II 's
Ok, lets look at the fundamentals of GEL then. We are still in a transition phase since initial listing, where there is shuffling around of shares from those that got them as the special dividend. Now, our link with GDG is evidently very important to us, and we are cointegrated in that sense, so if GDG do well, so do we. There are few companies listed on AIM with MCAP's similar to ours that actually have a cash flow, we have 100 employees and increasing, so that looks like we are heading in the right direction imho. Our net asset value is multiples of the current SP, but what is holding us back is II's selling up which is giving us such a sporadic spread. Buying was near on impossible since the beginning, or at high premiums, which I'm sure you know. Don't you consider the tightening of the spread as a positive in recent months?
You still didn't answer my question, why can't you put a figure on it?
Mcap doesn't lose you money. The fundamentals of the company do. The market is clever, no matter what we believe, but shares are prices to reflect the value of the company. The market knows what's cheap and what's not. Imo this ain't cheap. Did you look at the 2014 EOY update. Wasn't great at all. Just because they have received a contract of no value doesn't make a company cheap.
You still didn't answer my question.
Will double by christmas on production uptake. Gel ???
Well in your opinion what is a fair mc for this company?
We believed and believed and got told by el suprimo and believed more ... and we were wrong and got shafted. Never again ! Dont want newbies posting rubbish here either. 1.5 was pretty good. Now way 2p+ until next year ??? If that is possible.
No not causing chaos, happy for people here to make money, but as you know some new posters do not have a clue and are investing in not what they know, but on a low historic sp. I nearly bought back in , as you know, about a month ago, but could not bring myself to do it. It is on my part cutting my nose off, but for that I actually look prettier so there us an upside from not investing. Wait until that 200% spread comes back. Then they will be wondering will they not? Nice to see the post and get in and out quick mate.
Anyone want a million or so shares at 2.4p lol just message me or I can wait gonna be so goodin Sept so many positives too come .
Hungry, I don't think anyone stated we will reach 3-4p in the short term.... They may have been referring to forecasts but I don't remember reading such a post. The September update will give us a better picture in terms of figures. The only issue at present with GEL is the II seller, who is likely to be Ontario Teachers Pension Plan, as for them it was a special dividend from GDG so it was free essentially, and apparently they have been de-risking. Now looking at the MCAP, and looking at our reports, what would you consider a fair MCAP? Also considering there are so few shares in free float, any changes in SP will be drastic in either direction. As I said before, loads are annoyed about the India Drilling contracts, but why do them if we cant guarantee they will be able to pay?
has tightened since yesterdays mayhem. Might be ready for a late surge?
In your opinion what is fair value for the mc here?
Actually robin is right. GEL connect some of the network and get paid per m3 feet pumped. GDG are the gatekeepers and make $12 m3 by Chinese government. I know robin has sold but he knows more about this company than anyone else. I know it comes across as he is deramping but I can honestly say he is not. Please don't get locked in here! Take profits. I'm not invested but have seen that Randeep cannot deliver contracts. Having spoken to him personally many times he is very credible but his baby is GDG and imp nothing else matters. GDG has a broker rating of over £30 lol. £11 is fair imp but 18 months away. Good luck but Robin is correct. This will never hit 3-4p in the short term but I am impressed with the volume from nothing to something
fair statement
Early days yet, might see some delayed buys later. Wait until the next rns
My Friend are you causing havoc?