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I see the 1 million sell however I can't see any 500k sells at all from yesterday, where are you seeing these?
and there were a few 500k sells , add to that teh 1 million sell just before the 2 million order was filled and i have to start to wonder , is there an insti looking to sell down ? or do we think its just PI expecting teh sp to pull back . im not sure but i do know i could sell 500k with ease yesterday , i dont expect that is the norm here
Not for much longer.
Correction 2 million buy at 1.17
now showing a delayed buy of 1.7 million just before close after shaking a few out.
Look at the daily chart and what the sp was just 30 days ago and that was before the last two rns's plus the next rns is only a couple of weeks away, one thing I like about GEL is the low number of shares in free float. Whenever I try to buy I can't buy many before paying a premium.
This isn't going to drop. Company has a contract which they will deliver on before the end of the year. Also they should be getting more contracts from the same source. Hence the quote about profitability and beyond. People need to start reading the RNS properly. If you don't see value others will and they will take all the gains. Look at AFPO finished up just 0.1p after the RNS but it has gained 0.6p in total since the RNS - three times the value of the company in just over a week. This will happen here. Just watch.
I also hold (about 1 mill) at an average of 1.1. I see this as a great opportunity to gain some money. Ill be adding as it drops each time. The interim results will be in September and this should see a re-rate into the 4-6p range and some more positive contract news will see this hit new yearly highs. All in all it looks like a win win...let see what happens over the next few weeks.
Seems to be that if a share starts on a drop ends on a drop so you will see tomorrow. GEL is one of those company's that seem to lose interest very fast. I really think that mabe todays rise was a little pump and dump. There are a lot of traders on here that looks for any news first thing on a company and that if there is a RNS that has a contract win then they look at the SP. anything below 1p and they will just pile in. Read the RNS and really think to yourself am i willing to invest and be confident to hold in for the long term? I've been around in LSE for quite sometime to know what goes on in AIM. My predictions are that there will be a fall in Sp for what its worth.
I need some more anyone hazard a guess what tomorrow might bring ?
thank you for your concerns , they are welcomed , as i do like a balanced viewpoint, but i feel that my entry points today have given me quite an edge , my first tranche was below 80 2nd trade of the day , my avarage in total is around 1.1 which i am more than happy with , and with teh possability of more contracts to come this could have been a great entry , but like you say it could be a bad one , if it goes belly up , no matter what your entry point is , you still lose it all , but if it goes teh other way and becomes a success story your entry point is vital
I just hate people being duped out of cash. My anger is there for all to see, but please please please do as Hungrymonster says, do not get greedy and take that money while you can. Sorry if I seem sour, but I have good reason. AIM is a tough place and gaining 75% in a day is fantastic, so I am glad, especially for those who got burned from 5p upwards. My experience is that the soe's will do the work, they rule in china. GDG GDL GEL are all one foriegn company and will always be after the crumbs. GEL will be laying cable. Hope they make good money. In my eyes its GDG who are the best bet here. Good luck all, just dont get burned. Good luck Mr Dross. Sorry but the group carries a stink so make your money and run like hell. Imho.
Good rise if you bought in at the bottom. Don't forget to bank profits. Money in the bank is nice to see!
LMFAO EPIC
No he was in here a few years back and sold out around 6 months ago I think.
Why are you so upset about the rise, have you got a short that you forgot about? ;)
lots of disgruntled GDL holders on here !! this the GEL BB why would you want to post about a co thats not doing so well because it is the country as this co... do your own research in GEL that is the Co you will be investing in if you decide to do so!!
I just saw a post by smiffy@home,next minute it's gone,bizarre.
Looking for an AFPO style re-rate as people realise the potential here.
How much of the actual work for the 5 PSC's do you think GEL will actually do ? How much of the $250m "EXPECTED" ( India contract turned sour, LFB drilling turned sour, 100 well contracts GDG turned sour .... etc etc ) yes its only expected $250m being actually spent by CUCBM on the licence's not necessarily GEL getting $250m? Look GEL used to sell units to create power - Nada now. GEL are now a cable laying company, so how much do you think it will cost to lay cables ? CUCBM are an SOE and they will forfill the vast majority of the work - end of. Thats what they do. Make the work load and do it themselves. Look at GDL. Best in class LFB , how many drilled in 2 years 20? Yep "Best in class". How many rigs have actually been working of the 27 they have ? Hardly any as the SOE's have it all tied up and will do 90% of the work. Ok , GEL are going to make some money , maybe GEL actually get to do $30m, but its all about getting the figures up for GDG. After December deadline don't hold your breath as it may be left to rot like GDL has been ? I know a hell of a lot more than you Mr Dross about this group, so guys do not trust ANYONE even emails from high up that seem great. I was told directly to be patient , that was 18 months ago for a 3 month sp increase. Yep - zippo. I sincerely say hope the long term guys get the money back, if ever, but I know many are down 50-90% so try not to gloat on here. Pretty sure most long termers will sell on any break even.
Waited and waited and got in at 1.07. GLA
exactly do your research . read official RNS's dont go by what posters here say .. rampers and derampers
Why start research with GDL totally diffrent company this GEL
added more .. 100k below a penny and 200k @ 1.125
Well considering CUCBM have just signed a massive contract, are we too assume, CUCBM have completed no due diligence on GEL. My money is staying in. Nobody wants to buy in when the price is 100%+ Tomorrow however is another day . . . GLA