RE: 55 000 boepd value16 May 2020 19:28
Genl example for comparison is valid and BTW I hold both..
Genl fundamentals are a better Proposition when you take both of them in the same region with Krg.
Remember Genl SP dropped from £3 to the current level of 113p ,but was trailing behind Gkp by around 40p but not the reverse is true now.
Genl assets and diversity is better , current new CEO and bod are far better than GKP ones.
Future growth prospects are ongoing and clearer visibility than GKP , then adding Gas in the coming growth which will add big values to the SP ...recent reaffirmed big dividends pay out signal confidence in company finance too.
GKP technically on chart looks better and ready to climb up faster than Genl ...but poor visibility,lacking direction of future investment growth, uncertainty of dividends payments, over paid incompetent ceo and bod and profits decline in the last three years too in spite of having a good assets and reserves but managed by muppets!
The market trusts Genl more and reflecting in the current SP.
I am here for short term as long as those muppets in charge but who knows a bid might come a long and change things all together!
Looking at both ,they are in Geopolitical unstable region and their share value was deeply cut by the market too.
of course Krg uncertainty of payments regularly and timely added to the mix of devaluing the SP.
Hopefully next week is a better one for the SP..
GL holders.