Member Info for hasiba

https://www.thenational.ae/business/with-the-new-opec-deal-it-s-the-long-term-that-matters-1.1004850

Plenty of upside....according to trading chart..
R1 (resistance ) 134p
R2 159p
R3 202

Excellent recovery stock ,very undervalued....strong fundamentals.
No ramping just imo..
Dismiss the trolls and please use the filter to ignore and this page will look constructive and fit for purpose..
Holding strong

https://www.thenational.ae/business/energy/g20-backs-biggest-historic-global-output-restriction-deal-1.1004325

https://www.thenational.ae/business/energy/g20-backs-biggest-historic-global-output-restriction-deal-1.1004325

“Typo”....Yes Oct 2018 not 2019....apologies
That is why I am thinking the today 10mb cuts means much more than this figure..when referencing to Oct 2018 supplies base line...
Any other thoughts?

Ocelot...
Just trying to recalculate the 10 mb cuts that is in circulating news now and its meaning in today supplies glut...but the calculations were based on October 2019 supplies quotas then the real today’s opec++ supplies cut will be far more than 10mb?
Have I got this right? In assuming the gluts today is far more than October 2019..then oil price should react positively in the coming days but I am sure the market will play its part in volatility then ending in the right direction....

SP direction from here only up...discounting a few pennies daily fluctuations...next stop at 146 p then up towards 180+
GKP will soon be at 134 p then trying to catch up with G..
Oil price spike $40+ soon
Imo there is no chance not even 1% for the SP reaches 80s pence...that has gone for good ..
The worse scenario on trading chart for SP retrace is 99.8 pence pivot points as per ( Camarilla,Fibonacci and classic) ,but I don’t think even this would take place either..
Tuesday will be very interesting!
Not ramping but just an opinion and of course you are free to see it different way .
Yes I have holdings in Genl and Gkp and numbers have ballooned recently..
As always please dyor and no recommendations here..
Holding both very strong in addition to other mainly oilers..
Have a great Easter Sunday..

https://www.investing.com/news/commodities-news/iea-chief-hopes-g20-meeting-will-restore-stability-to-oil-markets-2137076

The opec++ meeting had some smart people there and when thinking deeply about what it seemed a disappointing move but in reality...the 10 mb cut was done by 40% of world oil producers and they agreed to cut half of what’s the oil market was looking for. It’s clever step in a way they left the other 50% cut to other oil producers including the usa to decide their next move of further cuts to push the oil price up. Basically they did what they were ordered to do by the usa president...
Clever way of preserving their quotes of oil shares...
Yes G20 and their move is next..
Oil price will rise in the coming days and Tuesday hopefully will be a good day for us and oil price..
Interesting days ahead and good the market here is closed these days..until all Sorted..

I changed my vote to keep Good Easter Friday as it is ...
But if possible to extend the bank holiday Monday to Include Tuesday too please..!

Well....if they want oil price to rise $40++ immediately then surprising the oil market with 20 mb cut is needed...even if it’s for three months initially then review later...
I hope this will happen with the USA involved in some sort of shape to send a clear message that the balance of oil demands/supplies in the world is a priority...to stop future rows and manipulation by speculators..
They have no alternative choice ...

Close at 89p
Up 16.34%..

GLA holders

SHORTERS are being toasted...
THE END..

I am not sure about distribution of shares idea but in favour of bod salaries are linked to share price performance and net company profits.
The market looks for future growth investment and certainty and we lack both at present....
I think it’s a temporary issue and the current share value is very cheap in all its metrics..
Recovery of SP already began since it touched the low of 47p...so it is doing well in comparison to other trashed oilers considering the current op and the Coronavirus debacles..
I do understand how the lth holders feel and the painful consolidation a few years ago to past many holders..
But we are here now and I think it’s a good buy at present on cheap value and possibly a bid for the big fish to save investors from the current bod..at the same time!
Keep positive and the bad days are behind us..just imo of course
£1+ soon and fingers crossed with today opec++ meeting..
GL

Will it end on top at 130p or at 118p..
Will add towards the session end if the 118p hit! But hoping towards the 130p.
Sold enq at the high wave...rotated it to TRIN at 6.1p
All oils up but a lot of volatility by day traders and profits takers before the long break...
My worse performance today JOG which I am a great fan of!

Just Bought in 143k+ shares
The unloved and forgotten Gem....just imv

https://www.kurdistan24.net/en/news/ac62879f-6b5f-41a9-a8bb-1adc6030ed20

Then buy Genl !
Or better just keep your cash in post office... maybe a better choice for you!

By Leem1.....31/3
“Hurricane is a sack. If anything I would short it but don’t don’t dabble in that sort of stuff. “

Did you short it?!
I really hope not ...

Bunks...volatility is the name of the game today...
Alot of profits takers today now and later before the long Easter holiday break...
It is not G specific. ..
Genl is strong..