RE: Genl ..18 Aug 2020 13:20
It all depends on your time frame of trading style but for long term holders Genl is the best among its peers in oil sector at present..
Market valuations with current SP is a balance between buyers and seller to satisfy with MMs to keep that balance to safeguard themselves too from any loss. The real value is what you as investor decide and taking all risks/ rewards into account and most important of all is the future prospects growth to reflect in real share value and not necessarily the numbers or the current SP .
For day traders Genl is not that good though you may be able to earn a £5 a day by doing so which is not my cup of tea! but for lth genel is the one to be part of your portfolio.
IMV Genl worth far more than its current price ,and Simply wall street valuations will look conservative when gas and sarta comes into play.
Holding strong lth.
Now focusing on my TILS,Amgo,Ted and IQA..exciting day..eh