Member Info for ocelot

For comparison purposes, assuming that the (receivables) agreement had been completed in the beginning of 2017, it is estimated that revenue would have been $59.2 million higher this year.

Genel's 2017 earnings were inflated by the accounting treatment for the receivables agreement with the KRG. Imho, a better guide to the future is cash flow rather than earnings.

Further down the line, there is also the exciting prospect of Somaliland, which Murat said reminded him of Kurdistan 10 years ago.

PS: think the comparison with Glencore is probably more valid than that with GKP. Glencore and Genel are both well-managed concerns. Am less convinced this was the case of GKP, at the time, anyway.

For myself, believe the re-rating is only just beginning, so, at this time, have given no real thought to an eventual target price. Will see how things develop, especially the gas project. Bought Glencore quite early and sold way too early, about 250p when it rose to about 420p.

Bunks 185 Bobbyshafter 188 Klassic 189 sparky333 190 Lemmings 192 Tartine 195 hasiba 196 Withoutt 198 hydrogen 199 broadland 200 givetheinfo 203 ocelot 215 Hawkey 230 Chops77 234

Bunks 185 Bobbyshafter 188 Klassic 189 sparky333 190 Lemmings 192 Tartine 195 hasiba 196 Withoutt 198 hydrogen 199 ocelot 215 Hawkey 230 Chops77 234

JohnLewis 172 Bunks 185 Bobbyshafter 188 Klassic 189 sparky333 190 Lemmings 192 Tartine 195 hasiba 196 Withoutt 198 hydrogen 199 ocelot 215 Hawkey 230 Chops77 234

when it closed at 183.00p

Yes you can - and welcome! Bobbyshafter 188 Klassic 189 sparky333 190 Lemmings 192 hasiba 196 Withoutt 198 hydrogen 199 ocelot 215 Hawkey 230 Chops77 234

Yes, congratulations, Lemming, and Happy Birthday to you, Tartine. Agree that Genel is coming back to life after a wearying journey across the desert. At some stage, am expecting the share price recovery to accelerate quite appreciably. 215p for next Friday for me, please.

bringing day's volume up to 1.066m shares.

�497.2m = about $700m (mistakenly indicated �492.2m in previous post) Net debt at 31/12/17 was just $134.8m. Genel is looking evermore solid financially and increasingly well-placed to maximise returns from its gas resources (at the appropriate time).

�492.2m = about $700m. Net debt at 31/12/17 was just $134.8m. Genel is looking evermore solid financially and increasingly well-placed to maximise returns from its gas resources (at the appropriate time).

If they are non-UK, that is true.

oil to top agenda next week: http://www.rudaw.net/english/kurdistan/060420182

ERBIL, Kurdistan Region (Kurdistan 24) � Iraqi Prime Minister Haider al-Abadi on Tuesday said Baghdad had reached an agreement with Kurdistan Region authorities to resume the export of oil from Kirkuk Province. The Iraqi government and the Kurdistan Regional Government (KRG) have decided to restart Kirkuk oil exports through Turkey�s Ceyhan port soon, Abadi said during a weekly press conference in Baghdad. �It was agreed with the Kurdish side to start exporting oil from Kirkuk,� the Prime Minister was quoted as saying by Reuters, but did not provide a timeline for the restart... http://www.kurdistan24.net/en/economy/0620b746-ee72-49e3-9125-e1f11ce9539f

Nah, it's a new fiscal year that begins tomorrow.

We are close to very interesting territory. I've looked at the month of December 2015. During that month, the share price fell in a straight line from 246.75p to 175.00p.

p44 in this morning's Times Advice: Buy Why: Performing well in the face of significant challenges