Member Info for hasiba

+10%+ rise?

RTO time scale usually is 4 weeks to 4 months suspension...

“Brent crude, the international benchmark, jumped more than 6% to above $31 a barrel on Thursday afternoon after the International Energy Agency said that a drop in crude demand will not be as severe as earlier anticipated. On the supply side, the Paris-based agency forecasted that oil supply would plunge to a nine-year low in May following production cuts in some of the world's top producers.“

GL holders Tomorrow

“Brent crude, the international benchmark, jumped more than 6% to above $31 a barrel on Thursday afternoon after the International Energy Agency said that a drop in crude demand will not be as severe as earlier anticipated. On the supply side, the Paris-based agency forecasted that oil supply would plunge to a nine-year low in May following production cuts in some of the world's top producers.“

Looks good so far and if it carries on towards $32+ Brent then we probably see Genl 120 p+ Tomorrow..
Fingers crossed..

It seems to me far more likely than not a RTO will take place than not.
Several Healthcare companies are in discussions and interested in RTO with a newly formed BOD for this purpose and surely for finalising the details and get a good deal from the best party suitable....otherwise what’s the point of going that far !
It looks well advanced to me..so it’s not a binary as I see it.
The most important is the price to us...
Waiting patiently for the RNS

Good day ..volume increases and far more Buying than selling
buys 63,728,011 Shares
Sells 35,886,735 shares
Some one is accumulating big volumes here.
Very positive
Tomorrow another day....GLA

You can get out...all in Green..
Genl is Top..

Bog rolls Too...
Calm down guys....I have plenty !

10000
14158
Shares

Great BOD and CEO
And re affirmed dividends after today’s AGM...How confident is this...
Breakeven $30 or less..Far Better than before
Investment future growth is on ,including Somalilands.
Improved geopolitics with a pro kurds new PM
Ah well all this is pushing me into a corner and changing my mind to keep holding for longer.

Overall Excellent update..

“oil traders have already started to sell the June WTI futures contract for concern of similar wild price moves next week, when the contract is due to expire”. ..On 19/5.
“On top of that, the US commodities regulator has issued warnings for the risk that oil prices could again sink below zero.“
Some are making big money with all this volatility and fears...
Traders are helping each other but putting out extreme fears In the market to fleece PIs and sell their holdings now....
Balls of steel has no fears ...the longer this roller coaster..the more thrilling the ride...
Holding strong

Nearly 21,000,000.00 shares left with MMs at the close....
They are holding the baby so it seems the expectations are high that the SP is rising more tomorrow....
No price monitoring has been issued either as an RNS when the SP has been gyrating far more than 30-50%....
So the company also knows that the share price is well undervalued still..so no need for RNS of price monitoring..
Hopefully another good day tomorrow...
GL

First EIA inventory drop in nearly 4 months but still Coronavirus virus fear of strangling economy,is hampering oil price rise..Eh.
Okay let the mates out first then up we go..fair enough to me...can’t change this!
I filled my boots today with quality oilers and tops are Gkp and Genl..

140,000,000+ shares traded so far today.
It is obviously many day traders are taking their profits and so far more sells than buys but the share price continues its upwards movement in big ways. This is a very positive as it means the MMs are confidently expecting far more share rise...
GLA

At current low level is not sustainable to all oil companies or their country economies.
Market will push the oil price much higher towards the end of May or into June.
Iraq needs $38 Brent to enable the budget for paying its government civil servants!
Other countries at much higher oil price to break even $40+.
The market volatility is more like fake news played by etf funds and margins players and to be ignored as it’s only a transition towards the real world of higher oil prices..
A lot of fears in the market and the like of Genl and Gkp with solid balance sheet and improved geopolitical situation are the safest and to harvest now at their low SP. I sold some holdings of the ones with a heavy debts after their recent good run to buy into Genl and Gkp.....Now more in Gkp than G but both in big numbers.
Just imo

Oil price will improve as there lots at stake for it to deteriorate much further..
Daily volatility is irrelevant..

Added in G and lots more in Gkp at low share waves!

It is mentioned in the RNS ,The reasons of notifying is PLACING..