Member Info for hasiba

Totally agree with you JL...we are on the same page here.
PM has to do what the rejection votes want her to do and if the EEU don’t budge then Singapore style would be good for Britain but will take longer time to achieve to copycat singapore. We are different mentality,people and just less than 50% wants to stay in EEU! So to prevent chaos and riots it will be better now to get a far better deal or showing the people here that we are trying now with EEU and if it fails then the other half wouldnot be so angry...
Then we got what we want either way and stay united as a nation with our great history and build our Britain the way we want.

Tartine.....430 mp voted against the deal..is not this strong enough! The EEU is certainly took notice tonight.
The alternative is chaos with Mr C might just sneaks in and this is for me frightening in my later life.

JL....
My bet on
NO 4/7

It will be divisive in a big way.
At least our PM can go back to EU leaders with a strong hand with the strong results at hand now.
This present deal was a disaster for Britain and its sovereignty.

First time in so many years Great Britain stood up to the EEU ......NO NO NO
God bless your soul Mts T..we desperately need you now.

TU is excellent....one expects a market positive reaction to sp 10%+ or even 5% but neither happened. Looking at other oilies also showed more or less minimal reactions or negative too in a day of rising op.
Unusual and odd market today...
Cannot explain it!

Genel Energy

A trading and operations update from Genel this morning that shows quite how much cash flow was generated last year. $335m of cash proceeds were received in 2018($263m) which was up 27% and of which $98m was received in Q4. This left unrestricted cash balances of $334m ($162m) with net cash of $37m ($137m debt).

Production was 33,690 bopd with Taq Taq falling but Tawke gaining due to phenomenal success at Peshkabir, this year whilst further production wells will be drilled, activity here will be concentrated on field management and optimising production. This will include utilisation of associated gas to enhance oil recovery and consolidate what is a substantial discovery in its own right.

At Bina Bawi and Miran both oil and gas recovery are being discussed with the KRG Ministry, in order to ensure a development that includes both gas and oil, a phased solution is favoured. To ensure certainty of both a rescaling of the size of the gas plant and an overall smaller project should benefit both parties.

The key with Genel is to ensure a balanced capital allocation with in country expenditure, ‘accretive additions to the portfolio’ as well as potentially returning capital to shareholders. With control over the midstream, production growth in Country and a substantial balance sheet strength, pretty well whatever the oil price Genel is very strongly placed in the sector. The shares offer significant opportunity at these levels.

To me chaos is impending tonight and the market so far calm ......before the storm ..

It surprises me the market and sterling are not more jittery with MPs vote is looming towards Brexit!!

Any thoughts?

Great TU. Will see £3 before end of H1.

...cont,
imho G will only worth the risks of continuing to invest if the update is good and be transparent with shareholders while gkp is worth the risks as it has visibility and increasing massively its oil production..
Just my view now and I am a medium risk taker!
For the time being my aaog and hnr and amer are doing ok but my pmo tanked today and hope to see it recovering soon...

Oilheadgame....dyor and find out,ftse is at very low level and lagging behind in the last two years and the high dividends quality shares are plentiful from pharma,financials and utilities to big oil companies and some gold miners and mine companies. There is life beyond G and I am waiting for the TU tomorrow and decide but definitely keeping my GKP, as it has visibility and huge producting fields.
Brexit vote tomorrow will help to decide too if the TU is muted then I will reduce my G holdings while I am in a bit of profit.
I just hope we will have a good news that we all have been hoping to push the sp up.otherwise we will continue at the mercy of op and unstable region geopolitically.
Still holding all my big holdings in G and hoping for a good progressive TU.
GL

One needs (balls of steel ) to hold the shares if the news are muted ....as tgere are alot of bargain shares in the market .

All parties in this country failed to look at the main uk interest in Brexit debate. People voted to Brexit and those people came from different parrty politics and many were simply with no political affiliation. MPs and political leaders across the board looked away for their own personal interests and hunger for power like the despicable behaviours of the Labour party leaders who will sell uk and national interest in despair to reach power.
Shame on you all....you have failed to unite to defend Britain interest the most important issue now against the EEU leaders with their aim to subordinate UK to become the irrelevant country in the European continent.
Britain should always come first....shameful political figures in disgrace..

Back to G....!

Apologies JL...I misread your earlier post!

Whitehat 206
Boyobach 212
JustinD 215
Bunks 218
Jandialbi 219
Klassic 220
tiger100 222
Hasiba 228
ocelot 235
Hawkey 250
Kevijoh 274

JohnLewis79 198
Whitehat 206
Boyobach 212
JustinD 215
Bunks 218
Jandialbi 219
Klassic 220
tiger100 222
Hasiba 228
ocelot 235
Hawkey 250
Kevijoh 274

The only way is up providing op stays above $60. The worse is well behind us since it touched £1.50s
Sp now represents undervalued price with no growth or expansions or even acquisitions /mergers possibilities,
Very hopeful! For TU!

Whitehat 206
Bunks 218
tiger100 222
Hasiba 228
ocelot 235
Hawkey 250
Kevijoh 27

Well done Bunks ...
Some words of wisdom please.

H....I totally agree with JL sentiment..
This is my view and it may sound biased as I own both too.
Today pmo rns was very good so I kept my holdings in pmo and did not add because of the volatility of op and pmo is very much connected to this but if op goes up over $65 then I will be tempted to add....my target to sell is £1 + sp.
Looking at G ..I like to wait for the update and I think we will have some positive there but this is only a guessing notion so I would not add or sell now either but if the update is not encouraging,l might sell some and rotate to GKP with better visibility....though for now I will do nothing until next week. G is too related to some extent to op but not as detrimental to its survival like pmo if the op went below $50.

Dyor and always better not to put all your eggs in one basket.
I own 8 oil companies and two in gold mines but the bulk in solid ones and a couple of small punts for fun...aaog bought yesterday and Redx!

Good luck

H...This is not who wants to be a millionaire .... !
Lol!