RE: G/GKP/RDS/Brent13 Feb 2019 17:59
Twice as big in 12-18 months' time:
that's the kind of growth one associates with an internet start-up!
And which tends to command a high rating in the market.
In Genel's case, obviously, as an oil company, there's no point extrapolating that kind of rate of growth year in, year out over the next several years.
Nevertheless, it does raise the question: what is the appropriate rating for Genel?