Member Info for gregpeck7

With JKX winning the latest court case they really look the way to play the Ukraine market at the respective prices..

Looks that way, and remember the receivables is adding another 7%? I think, thats a lot of free bopd... This is basically a cash machine...

They only have 1 rig drilling there I think mate so can t see it being over 15,000

Boyo agree 100 percent. What peeps here need to understand is that large holders cannot just dump into the market easily as they would crash the price. They may well want 500p a share but would accept 300p as it free’s up Capital to deploy elsewhere.. are genel mgmt optimising returns on their capital , no they are not, the board here are useless, they have a hand of aces and are playing like they are a busted flush... circa 300p buys genel imo. And if they don’t get going on bb then this gets taken over as far as I am concerned. And soon.

I would expect 280 - 310, which is incredibly cheap considering the company is in a net cash + position. I would be looking towards the top end of the range there....

Agree, harsh on LT holders with a high average, but I think that would get the required level of shares to successfully take the company out.... Offer needs to be made around these levels to make it look "attractive" which is why I think it is coming soon... As I think this SP is totally ridiculous... Despite Genels obvious shortcomings in terms of progress, they are throwing off that much cash now on a daily basis that the SP simply has to rise if nothing else but just to reflect that...

I also suspect Pesh is similar in size to Tawke.. That is not in the price...

Genel should be 100% laser liked focused on getting BB flowing and then developing the field from an oil perspective.

GP

The only "good" thing about the complete lack of gas progress, is that it is not in the SP at all.. If they do actually do something we will see a huge SP uplift.... There is a lot of M+A going on in the oil market at the moment though and one of my reasons for topping up heavily here yesterday is that I am of the opinion that Genel is about to get swallowed up... Its simply stupidly cheap and the size of the gas resource is just so huge that for a major buying Genel is just a mere nibble... I can see the offer coming very soon....

As per the last update, we are due a "material" update.. Will Pesh be as big as tawke again?

I cannot wait till the update next week and added more here today...

Just hope they are finally moving forward with Bina Bawi.. That would be brilliant.

GP

Down to 500 left..... Bought in at 2165 so fantastic run......

Very nice, cannot believe we have 3 high impact wells to look forward to in Q1 alone.. How things can change...

https://www.proactiveinvestors.co.uk/companies/news/211901/asos-tipped-to-lift-full-year-guidance-next-month-as-city-broker-reinstates-buy-recommendation-211901.html

M and s and Debenhams Christmas saved by strong December and very good online. Oh dear shifters. They have got this so badly wrong..

After all the time in the doldrums suddenly panr is the place to be again, multiple drills coming up... I suspect 25p will be seen this week. How jay pulled off that deal. Hats off to him.

Written all over it, possible more as the shorts get more and more twitchy. If ASOS has a good Christmas then they will be in all kinds of pain.

Looks like this could do 10% day... Shorts are really starting to rev up the buying now... Fill that gap!

3000 will be over 40% gain :D and I still have 70% of my holding...

Will review things then.... Looking like the shorts are starting to panic...

O/T look at PANR chaps... Thats a free tip and I expect it to do very well this year....

GP

As good as things ever look (and I am talking across the board here).. I am quite a prudent investor and I always look to cut a proportion of risk where possible....

I am happy I am in the right place with this.. If I had money coming out of my ears I would take more risks but I don't so manage my holdings on that basis :D

That said, my belief here is very strong...

Nice, I took 1500 at 2165.. I have sold 30% today and yesterday, holding the 70% now till its in the 3*** + area.

In a month shorts went from 2.6 > 7.3% they will all be heavily in profit...

Close boys close!

Are starting to panic, more retailers coming out saying slow November, excellent December.. Asos lost half its value.. Was 50 quid ish 8 weeks ago, and the fall could be totally unjustfied.. They are getting desperate to protect their profits...

3000 coming quick, they may get the volume then to close down more positions.. Still around 10% of the company that needs closing out though....

Big moves coming...

Agree, I see 3000 as where this is going this month.... as a minimum... The more retailers that come out saying "Christmas cam late" the better and the more pressure it puts on our shorter friends...