Genel Energy (GENL)

Sector:

Energy Producers

91.20p
   
  • Change Today:
      1.20p
  • 52 Week High: 119.60
  • 52 Week Low: 64.90
  • Currency: UK Pounds
  • Shares Issued: 279.40m
  • Volume: 308,019
  • Market Cap: £254.82m

Sunday share tips: BG Group, Genel Energy, Palace Capital

Date: Sunday 05 Oct 2014

LONDON (ShareCast) - Sell shares of BG Group, Danny Fortson advised in the Sunday Times. Credit Suisse analysts have questioned whether the gas producer's big Australian operation will open on time and have said BG's estimates for its Brazilian oil fields are bigger than those of Petrobas, which leads the development. If the Australian project is delayed, BG could suffer penalty payments for contracts agreed. In the meantime, BG has no chief executive. Fortson concluded he was with Credit Suisse on BG.
Sell shares of Genel Energy, Questor recommended in the Sunday Telegraph. The Kurdistan-focused oil explorer, headed by former BP boss Tony Hayward, withdrew staff from operations after terrorists invaded Iraq. Falling oil prices since June will hit profits. The company now has a new pipeline that allows it to bypass Baghdad but profits and cash are falling and the company has high running costs. The shares are down 17% since Questor's recommendation almost a year ago and are too risky.

Buy shares of Palace Capital, Midas recommended in the Mail on Sunday. The AIM-listed company's bosses have a century of property market experience between them and are building a commercial real estate firm in markets outside London. Since listing in 2010, Palace has bought companies or portfolios, not individual buildings. Recent acquisitions are performing well and Palace has plans to renovate properties to bring in more revenue. Profits and dividends are expected to rise strongly in the year to April 2015.

Green Dragon Gas's shares have risen since Questor recommended the China-focused gas producer but now is the time to sell, the Sunday Telegraph tipster said. Demand for gas in China will be strong because the country wants to reduce pollution in its cities. Green Dragon's future is now more predictable after the Government handed back ownership of its oil well. But the shares have gained 65% since Questor's original tip last December. With China's economy slowing and oil prices falling, it's time to take profits.

Immupharma is a binary bet, Danny Fortson suggested in the Sunday Times. The drug company has struggled to get its treatment for Lupuzor from the lab to the millions who suffer from the autoimmune disease but it will soon start the last stage of clinical trials. The company also has an anonymous backer it says will finance the testing programme. But blockbuster drugs often fail at the last stage and the loss-making company is risky. If all goes well the shares will soar. If not, investors will lose out.

Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.

Sean Farrell

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Genel Energy Market Data

Currency UK Pounds
Share Price 91.20p
Change Today 1.20p
% Change 1.33 %
52 Week High 119.60
52 Week Low 64.90
Volume 308,019
Shares Issued 279.40m
Market Cap £254.82m

Genel Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.31% above the market average38.31% above the market average38.31% above the market average38.31% above the market average38.31% above the market average
14.67% below the sector average14.67% below the sector average14.67% below the sector average14.67% below the sector average14.67% below the sector average
Price Trend
23.59% below the market average23.59% below the market average23.59% below the market average23.59% below the market average23.59% below the market average
27.50% above the sector average27.50% above the sector average27.50% above the sector average27.50% above the sector average27.50% above the sector average
Income
19.25% above the market average19.25% above the market average19.25% above the market average19.25% above the market average19.25% above the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average
Growth
20.89% below the market average20.89% below the market average20.89% below the market average20.89% below the market average20.89% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 1
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Genel Energy Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Apr-23 15-Sep-22
Paid 19-May-23 14-Oct-22
Amount 12.00¢ 6.00¢

Trades for 29-May-2024

Time Volume / Share Price
12:06 1,908 @ 91.20p
11:59 692 @ 91.50p
11:35 182 @ 92.00p
11:35 660 @ 92.00p
11:35 2,158 @ 92.00p

Genel Energy Key Personnel

Chair David McManus
CEO Paul Weir

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