The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
You know thats a very very very small part of the business. The main business is pumping gas.
Lol.....yes, chinese givernment have guarenteed gas prices in china, so no volatility. That news is 2 years old. If you wish to know what i think the mcap should be £4m based on current sp. Now here is a aimple question for you, as you are clearly so well researched in GEL that you know pretty much everything. Its simple and fundamental to how GEL make an income. No investor should invest without knowing this. HOw much do GEL get paid by GDG and what parameters do GDG use for payment? No waffle please. A figure. There is a hint. I'll give you a hint. They dont get paid to build infrastructure.
All due respect, RH knows this company better than anyone else probably even RG himself. He can quote what bolts and cable sizes are being used. Just invest with caution and eyes open and please please take profits. Kiwi keeps talking about Mcap and undervalued. There is a reason the sp is what it is. I have spoken to RG myself many times and heirs credible. What he says and what happens are 2 differing view points. Not due to him living I don't think, but more because of the markets they work in. If RH has come across as a deramper, please at least look at the company in detail before buying big. GDG is RG baby, good luck though.
Leave it too them... They clearly have no understanding of the company. II selling.. Lol. No evidence. In 3 years i aint seen an II buy neverless sell. until a few weeks ago the spraed was 200%+ and daily volumes less than 1000 shares! Lol Let them ramp and guess. No need to to get involved. My last post
Mcap doesn't lose you money. The fundamentals of the company do. The market is clever, no matter what we believe, but shares are prices to reflect the value of the company. The market knows what's cheap and what's not. Imo this ain't cheap. Did you look at the 2014 EOY update. Wasn't great at all. Just because they have received a contract of no value doesn't make a company cheap.
Actually robin is right. GEL connect some of the network and get paid per m3 feet pumped. GDG are the gatekeepers and make $12 m3 by Chinese government. I know robin has sold but he knows more about this company than anyone else. I know it comes across as he is deramping but I can honestly say he is not. Please don't get locked in here! Take profits. I'm not invested but have seen that Randeep cannot deliver contracts. Having spoken to him personally many times he is very credible but his baby is GDG and imp nothing else matters. GDG has a broker rating of over £30 lol. £11 is fair imp but 18 months away. Good luck but Robin is correct. This will never hit 3-4p in the short term but I am impressed with the volume from nothing to something
Good rise if you bought in at the bottom. Don't forget to bank profits. Money in the bank is nice to see!
Thanks mate. Understood, but ive heard the same through RG personally. Hes been saying that rubbish for years. In terms of marketing, i had a one to one conversation with him about this. Mi'll send the emails if you want mate. He said the same thing 2 years ago. The problem is he needs to communicate with PIs first then pr. He has got betty the brainless and rollo the ridiculous representing what should be a great company. If he doesnt change that expect the same discussions for the next 12 months. Just be careful mate with top ups. The sp has dropped for a reason, the market knows things before we do. I would say though the upside from here is probably far higher than the downside. Its about making money and buying at teh right price achieves that goal. Atb mate and please feel free to contact me off line.
Immy did you not find that and odd request from RG. How about sacking the tea lady for a starters as comms head. Then giving Rollo' the useless' a swift push out the door. Then maybe stein the president can stand up and be counted. Sorry, that would be too sensible. Let's ask the PIs as we don't engage with them ever and see what they say. Immy, he should have sorted this years ago imo
It's pretty certain the issues were with ESSR not GDL. GDL however got huge negative press about rigs not working, slow drilling etc. I suspect it was probably a combination of both but mainly ESSR paying. The issue is with RG not being straight. Calico did a lot of background work on India and it was clear there was a cover up, especially with the idiot Rollo knowing sweet FA! I don't believe India personally is a GDL opportunity anymore and reliance is solely on GDG. That's my take. I hope all the good people make serious money but the drift is still down and has been for 2 years. Over and out!
Hey immy. You well? Just be a bit careful with RG and what he says. As you know we knew months ago that india was stopped. ESSR are using their own rigs. This contract is not going ahead. Theough various communications with rollo and RG it was clear a thick mist was put up. Good luck.....but please be careful with top ups.
What's your beef?
It will turn. Im sure.
Follow the money!
just think, i thought about selling when it dipped to 63p on the bid....drrrrr! Quite company. slowly increasing. lovely
Ssw? Id expect the bb just to change its name though.
Next Thursday. You don't need friends in high places stormer. ;-) Should be a good day!
Seems poor here. Not huge interest unfortunately. Maybe waiting many years for any return. Appears sells showing as buys which is new to me!
Red at the moment
Why the personal insult. I was posting facts.