Member Info for JimmyW

Whilst this will be good for the likes of BP, how will it play out for Genel?

Leem, i thought i was the only idiot out there stuck in both this dog and tullow as well!

looks decent. Trying to ascertain if there are any negatives in it - only thing i can gripe about is the production figures aren't all that exciting

I wouldn't say my view is negative, just one of frustration at the management for their part in the low valuation. I want this share to fly as much as anyone and when i see all the reasons to be cheerful (although i would scrub broker ratings and director deals from the list) it annoys me that we aren't valued at the same rate as comparable industry peers. That's all really and whilst i'm at it, Higgsy has bought £40K worth of shares in the last couple of months. It's not a huge amount and personally i would like to see more to reflect the same view of share holders that this stock is undervalued.

Yes. That was a well measured and strong reply.

Still can anyone answer as to why they haven't updated their financial calendar to provide a date for the next trading update. They always used to have these dates published in the past.

Announced a 10$ million buy back and possibly more to come.

Yes, but don't announce it and then only partially do it. They (management team) can't complain about accusations of incompetence when they do something like this. Shareholder value will only be obtained through action and not through giving lip service - i.e. placating those like me calling for a share buy back and then only doing some of it.

Hi Hawkey, i will give him the benefit of the doubt but my last two emails (sent to correct email address) have not been replied to. It seems that the one thing that everyone is unanimously agreed upon is that we are undervalued compared to our industry peers. This has been the case for sometime now and this failure rests solely with the management team. Whats the point of announcing a buy back programme (whether it's the right move or not) and then not committing to it. If they didn't believe in it then they shouldn't have done it at all. Also, why can't they even post the date of the next trading update?

More that the market doesn't like the management who are incapable of convincing investors about opportunity in genel. Don't get the point of announcing a share buy back and only doing half of it. Either do it properly or don't do it at all. They are all uninvestable oafs, especially the head of corporate relations who doesn't even bother replying to emails.

when is next update due?

With OP struggling to stay above $58, i don't mind this one little bit. If we can get some strong US inventory draws reported this week (guessing data is all pushed back one day due to US bank hol) that would be great. And if we can see 190p again with OP still sub $60 then it bodes well for G should it climb back to mid 60s later this year.

Fair point

If a takeover was in the offing and an approach had been made then the directors would not be allowed to purchase shares. I would prefer that an approach isn't forth-coming anytime soon so that we can continue to progress commercially and hopefully see a share price which is more reflective of what we believe this company to be worth. Any premium on top of that would be great.....any premium on top of today's SP would not sufficiently reward the patience that many of us investors have shown over the last few years, especially the many of us who have been here since the dark days of the litigation case

They tend to release after trading hours, so expect it will be around 5ish

oil drops by 3% and Genel sp falls by 8%, oil rises by 3% and Genel sp rises by 1%

cheers. Missed the 5th July date, for some reason thought it was another week passed that. That was all pretty under whelming......reflective of everything the company does

Looks like no buy backs yesterday. Not sure why when they have only done 30% of what they could potentially buy so far.

I've long maintained that this type of thing is not worthy of an RNS as it is expected that the company would attend trade fairs. This type of new update should be down via the website/social media accounts and my issue with it as an RNS is that they don't have anything materially beneficial to announce ever, so they put out this kind of thing instead

If you have ever played football and had the ball blasted at your balls.......well if you enjoyed that feeling then this is the share for you!

Good, he can't go quick enough. Needs to be sent off to a nice retirement home where he can cost other people money. Hopefully followed quickly by the CEO and the rest of them

Unfortunately for us our management team don't have it in them to pull off this type of deal. Satu, George, Tarquin the lot of them.....they wouldn't be able to get to the table let alone actually close a deal.