Member Info for Rangor

Sounds like good advise JL. Perhaps part of it is remembering that we are making an investment not a gamble. Investments require due diligence (although you might argue so does placing a bet!!).
So, what's your assessment of the current board at genel? Do they tick your criteria?

Well, there is another dividend expected for August /Sept, so it's kind of true.

Ah go on then, I'll take a punt at 203

Hawkey 188
Dhc 190
ocelot 192
Boyo 193
Joebass 195
JL 196
Prime 200
PostieRemy 202
Rangor 203
Hasiba 204
Bunks 206
Broadland 208
Dodger777 210
Withoutt 214

Awesome. Genel Energy plc ('Genel' or 'the Company') will commence a share buy-back programme of up to $10 million in the period up to and including 5 July 2019 (being the last day of trading prior to the Company entering a close period ahead of its half-year results). Genel believes that the current share price does not accurately reflect the value of the Company's assets, and that utilising its balance sheet to repurchase shares represents a value accretive use of its cash resources.

Groovy, thanks. So that's a dividend yield of over 7% at current SP for 2019.

Or is it next year that we get two dividends?

Am I right in thinking that there will be a second dividend of 5c in August?

£1.7 mill sell went through this morning. Doesn't seem to have done much to the SP so far. Hopefully that's cleared whoever has been selling wholesale.

Lots of regular little buys this morning. Lots of ATs of 700, 600, and 500 shares each block at about the same time. Looks odd. I must admit I don't normally pay so much attention to daily share purchases for other companies so I don't know if this is unusual or pretty normal on the LSE.

Just a thought, but what do you reckon is the percentage of people that will reinvest their dividend payment in a few weeks? Even if its only 5 or 10% of investors that decide to reinvest that will still be a lot of buys. SP could well rocket.

Don't worry hydro, I'm holding. Waiting until it pops back up again like it did a year ago. The fundamentals speak for themselves, so whilst the daily SP is (very) annoying but it's nothing more. We just need to wait for big good news and change in sentiment. Or there'll be bad news and we'll all be sore.

Are the reported buys and sells on this site and advfn likely to be correct? I just had a look back over past two weeks of buys verses sells for each day on advfn and on all days except Friday 31st and Wed 22nd there were more buys than sells. Today for example 592k verses 339k.I can't understand how the price can be dropping if there are more buys than sells on almost every day.

Yet another RNS stating the number of shares figures to use for calculating when shareholders need to notify changes in their interests in genel. They've quite a few of these notifications out over the last few months. Anyone else think it's slightly odd that they keep putting these notices out?

Unusually piddly volume so far today. Where's the update on Miran licence. Isn't it due? Had a small top up today at 170, hope it was a good idea.

I think Buy backs are off as they thought removing shares off the table and hence liquidity would be bad for SP. On Leem1, they could easily end up with an average of £3.15 from more recent trading if they keep buying high then selling low. Do that enough times and your average SP goes up and up. Still, it's good for the likes of Boyo who somehow manages to do it other way round. I've managed to get it right a couple of times and wrong quite a few times. I've now decided to just hold and gave up trying to trade. I've been in this share since the (brief) £11 days. Luckily (or perhaps not!) I've recovered my SP average to £2.52 mainly by averaging down trying to catch that falling knife! I'm still expecting the SP to be above £3 by the end of the year, and think that it should be closer to £4. But I've pretty consistently got it wrong with this share so don't listen to me.

So 10c plus another 5c in August. Gives total dividends of about £0.11/share. Not bad!

boyobach 215 IANAA 220 Rangor 222 Dhc 223 broadland 225 Bunks 227 Withoutt 230 PostieRemy 233 Hasiba 235 Ocelot 240

Well that's a pretty disappointing week. Hopefully better next week!

I can't see any benefit in selling before then buying back. Talking of dividends, anyone know for certain what the dividend is going to be? People here and on advfn have said 10c, but my share broker says 5c.

Rangor (foolishly optimistic) 26th July 2019 Lemming 1st August 2019 Withoutt 19th September 2019 Bunks 26th November 2019