Member Info for sparky333

A pull back was expected yesterday and was actually good to see the fight back at the end and a nice UT. Today could be even more interesting as oil climbed again and will we get payment news ? I see GKP got paid and was a nice amount and up by $1m on the previous month. DOW was up, oil recovered some earlier losses. Could we test £3.00 and lock out the nervous sellers which has now happened several times in the last couple of months. Very exciting as on a knife edge which way Genel breaks £2.75 or £3.00 ?

has been consolidating nicely the last 2 days, today could see a break either way as the month is ticking on and still no payments. people get nervous, payments today and we could test 300p even with oil down a bit, but in the scheme of things the average price is still way over $70 and probably will be for the rest of 2018. Gas news - hmmm now wouldn't that be a bolt out of the blue.

Looks to me with have an aggressive buyer cashing in on profit takers. Do not be surprised to see this test 300p this afternoon if POO plays.

Along a breather today, do not be surprised if she perks up when the US markets open and the sellers are shut out.

I have gone for 299 as I think we will hit a bit of a wall at 300p and we will consolidate at that level for a few days before back on the March and we smash 300p under volume. I am in the 1000p area is fair value once a gas partner is revealed. 500-600 without a gas partner.

Hmm Tough one this week. 299 for me please

Could be an interesting day, will momentum continue or some profit taking. Payment due shortly and another stack of cash in the bank. Also a couple of months and we could have 30k a day plus from Pesh. Year end could be pushing over 50k plus. Never mind the light oil in bina and Miran.

GKP are a one trick pony. And low API Oil. Say no more.

Oil shipping and oil project companies pulling out of Iran in droves. Driving POO higher.

No doubt about that. why would you spend 1/2M of your own cash @ 230p unless you had some idea that Genel was fundamentally undervalued. Well that's what someone did you is known to a board member. Odd SP movement between 245 and 250 the last few days and now book lift off. SOMETHING is AFOOT

My 276p has vanished

AGM next week and I expect some news. Therefore 276p

I wouldn’t discount my 260p just yet for this week.

the 100K buy by an insider at 230p Hmmm you do not spend nearly �1/4m of your own money without a good feeling. <wink>

Genel has a very bright future.

Markets and SPs are like a pendulum they swing to far one way and to far the other way. Genel was always cursed with the KRG risk tag, lack of payments, Taq Taq and they could do no right. Oh how things have changed and we are moving to a more rationale valuation and rightly so. The enigma is what is a right valuation for a company that is effectively debt free, churning out more and more cash each moment as POO rises and with the right partner an explosive future with gas and you never know Somaliland could be a monster. you cannot compare Genel to Tullow or Premier as they are saddled with huge debts but also is better locations. I for one am enjoying the ride which I feel has only just begun

Iran attack’s Israel from Syria and obviously they responded I expect Iran’s nuclear facilities will be bombed next. All getting very messy very quickly. All good for POO

In Riyadh this morning. I know I work here at the moment

Will be rewarded when a sector shifts in confidence/ sentiment the stocks have a very steep and prolonged climb Look at the commodity stocks all multi bagged over 3 years Oil is back in fashion

Blue day across oilers as the POO is in a perfect storm, but then again this is Genel which never ceases to amaze me in its price actions. Ultimately POO is heading for $80, Venezuela is a busted flush, Iranian sanctions, falling world wide inventories, Syria, Yemen and an increase in the regional middle eastern proxy wars not iran has a bloody nose. Israel bombed Iranian forces last night in Syria. I expect more missiles from Yemen raining down on Saudi as iran presses its proxy battles all good POO.