Member Info for trion

OH !!! somebdy mentioned a dog earlier !!! l think you would definitely have to be barking mad to invest ln this company at the moment !!!!!!!..

What News ? What Results ? What a tired R.N.S. statement repeating same old lines ,still seeking third party opportunities , his been doing that for neally four years now & what are we left with , two rigs finally mobilized in lndia. l seem to remember this same C.E.O. telling us on several occasions that the Global crises would not duly affect the opperations of G.D.L. Now it appears to be one of his main excuses for the lack of contractual work coming our way. Has Randeep already forgotten there were 17 Lifabric wells, not 16 to be shoehorned into 2016 from last years drilling campaign for G.D.G. ( for which there are still no Mobilization orders !!! ) Mind you we now have mobilization orders for two rigs in lndia . WOW !!! But never say never there could still be work opportunities to hop over & join the roo,s ln Australia according to our chairman Randeep Grewal . Our chairman finishes by declaring that G.D.L. are still probally in a good position to provide oppertunity for shareholder value . ( ls that some sort of JOKE !!! ) lt does,nt make me laugh .!!!.

End of year results date , thats old news !! Whats the point of red dot on that . G.D.G. red dotted that 6 days ago .

What news , l can,t find any , anybody know what red dot is about !!!

What news ? The news of mobilization of 17 Lifabric wells , that should have been drilled last year , but were not for whatever reason. What we need to hear tomorrow is some proper news , of some proposed new contracts , & not some half baked admission of work we already know should happen , lf Randeep does,nt change his mind again half way through the drilling . lf l sound annoyed , its because l am. This company has cost me loads . Of course l want the share price to rise , but on proper news , backed up by proper RESULTS !!! G.D.L. dont deserve anymore than what they have , until they well an truely prove themselves. So lets wait & see what the man has to say for himself tomorrow before we forcast a higher S.P. & maybe encourage other investors to lose there hard earned cash like some of us have done .

lf l like to be honest l still can,t quite grasp the level this companies share price has fallen to , when you consider the professional setup G.D.L. is supposed to be , & the contracts & promised further work we were going to get , always just round the corner , but never materilized . l think Randeep Grewal has got a lot to answer for, telling us time & again in his R.N.S.statements ,what the company had to exspect & look forward to , when in many cases he must have known that he was making empty promises that could not be reasonably achieved . Personally l think its a complete disregard for G.D.L investors , in favour for the sucess of G.D.G. which l am also invested in , but thats not ever going to make up my losses on G.D.L. & is badly wrong for G.D.L.only investors . G.D.L. could still turn its fortune round , but the mistrust of mobilization of contracts alone ,is enough for me to sell at the slightest hint of a decent spike . The confidence has gone, as l suspect it has for many others.!!! lt will however be interesting to hear once again, what the one & only board of directors Mr. Randeep Grewal has to say for himself this thursday , about the future prospects of his company Greka Drilling Ltd.

Neally 10% rise whats that all about on no news , M M playing games l should imagine , good news for some depending on what price you originally brought ln at , us long termers wish we had sold just over a year ago at about 12 p. & cut our loses . Sorry for the gloomy outlook but thats how G.D.L. has affected my confidence & many others l suspect. G.D.L has consistently let us down for well over 2 years for all sorts of reasons . Do some research & you will soon understand how G.D.L. has failed so badly .

The share price is only going to improve when G.D.L inspire some confidence with mobilization & ( COMPLETION) !!! off drilling contracts & orders , which is why we are at the level we are today . Under these circumstances l cannot see much improvement until at least end of year & maybe longer !!! But then as a shareholder never say never !!!

Join the petition like l have & lets get the lssue sorted once & for all !!! To many mistakes being made on this L.S.E. site which are misleading for us investers.

G.E.L. Chairman Randeep Grewal brought over $47 Milloion shares on the 26 feb. , but he had previously the same day sold the same amount . & yet it has been entered under directors deals as a new buy . Whats that all about ??? lts certainly worked wonders for G.E.L.s Share price thats for sure .

Well done Mark Rowlands for instagating this petition ( which l have signed & believe everybody else should make the effort ) to make sure this very important issue is corrected to safe guard our invested positions. A classic example recently was Randeep of G.E.L. selling & buying over $47 Million shares in the same day Causing a steady rise in the share price , & being listed as a buy in the directors deals , this is all very confusing , because it would appear he just brought back shares that he had already owned , but the L.S.E. did not make this at all clear . l to brought a further amount of G.D.G shares recently which were not recorded on there website at all.!!! At G.D.G. current share price its got to be a WINNER !!! STRONG BUY !!! l would say .

Maybe small rise at end of April upon end of year results 2015 , & then l think patience required for mobilisation of outstanding 17 Lifabric well completion in 2 H. But then again look what G.E.L is doing on no news what so ever, talk about volitile Greka companies .

Broker Peel Hunt have announced on 5 April , there latest forcast is a buy for G.D.G.at £7 . Thats good enough for me , bring it on . G.D.G.are well under valued at todays share price. So why all the sells ???.

What l dont get is Edisons Business Review 2 years ago that reported G.D.G. were on the move up with gas production doubling per annum end of year 2014 with a share price at over £5 , which was in fact reached . Now we have Chinese Partners , & much further developement & lnfrostructure in place with predicted gas volumes to be 16----18 bcf by year end 2016 which seems a very reasonable target under the above circumstances . So why the falling share price , it should double at least during 2016 on the above facts based on Edisons accurate report & what G.D.G. are developing right now .

Perhaps we will get some BAD news & the price will go UP !! Who said sarcasm is the lowest form of wit !! Volatile is an understatement with these Greka companies !! Roll on the end of April , & lets get some proper increases valuing the S.P. to what it should be .MUCH HIGHER !!!

Only just realized mistake in previous calculation , should read Total Liabilities $685 M. not $884 M. which leaves us with Total clear Equity of $739 M. Really not to bad all things considered & the amount of gas G.D.G.should be producing this year & onwards . So why all the sells , this company even with its track record , is surely going to be rerated with the end of year results coming shortly, & steady rise from then as even more gas being produced ,in conjuction with our three big Chinese partners. We should surely have a value by mid summer of arouned £4 -- £5 pound & thereafter who Knows , & thats being quite conservative l think .

With our current & non current liabilities standing at $884 M. & no G.D.G. well mobilization orders forthcoming , its not surprising Citigroups S.P. forcast is a lowly £3.43 Neutral buy . G.D.G.need to start promoting some good news & not let us wait till the end of April , for maybe another sting in the tail , G.D.L need the drilling work & G.D.G. need the gas production to reach there forcast targets . Randeep is playing his companies more like a poker hand every month , things have got to move up a notch this year , otherwise investors really will start losing interest l feel , just like G.D.L. have exsperianced . l still dont really understand why we are not in a much more stronger position with the shareing agreement with the big Chinese companies , they still seem to be calling the shots , especially with our provision costs input . Anybody got any thoughts on the above .?

OK . Lets not get whos right & whos wrong hear Mr Chow , anyone thats done there drilling research knows that end of year 2015 revenue , should be $30 M. + unless of course its another one of Randeeps games . lts not you James thats consistently wrong , its G.D.L.being minipulated by G.D.G. There is absolutely no reason financially , or otherwise , why G.D.L. should not have completed the 30 Lifabric well order by end of year 2015 , which is 100 % why the S.P. is where it is . G.D.L. investors need to know that when a mobilization of a drilling order is given , that order is completed , & not shoehorned into another year, its getting to ridiculous for words . Perhaps if your broker is so well informed MrChow he will know why the above drilling order was,nt completed on time .

That broker needs sacking tell your brother . He does,nt know what his talking about .!!! Just like most of them if you ask me .!!!

Good news on one hand with the subsadised value of gas prices , & then the bad news with analysts Citigroup brokers forcasting our value at neutral £3.43 per share lt really makes you wonder how they do there calculations , where they get there imformation from , & do any of them no what they are talking about . ( other brokers saying £ 8 --- £9 pounds ,whats that all about ) We people often buy on what these brokers are forcasting . l sometimes think we would stand more chance making money on a three legged horse at the local betting shop . How many times have we seen companies floated on the stock market & within 6 months or so have devalued 30 or 40 % or more . ( lm having a right moan today l no !! but its true is it not .? lm quite sure G.D.G.is going to score for us all soon ( at least l think lm sure ) but then again ,you never really know where you are with these companies any more , do you ? Does,nt seem to be anything to go wrong now ? Does there ?