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Geo Energy Res
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Black Gold Industry Discussion
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thinkpad
Member |
14-Aug-2025 14:08
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Yes, currently stashing under the pillow
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Trainner
Master |
14-Aug-2025 13:27
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Is there any listed company in SGC selling safe boxes? many potential customers in this forum~~~~  ![]()
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yoga123
Elite |
14-Aug-2025 13:24
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Well said, patience will reward supporters eventually. 👍
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Login20
Master |
14-Aug-2025 11:56
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The potential handsome dividend when the recurring income set in will need you to buy another few safe
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Joelton
Supreme |
14-Aug-2025 11:16
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Geo Energy Doubles Sales Volume, Boosting Revenue by 71%, Achieving US$20.1 Million Net Profit in 1H2025 Declares Interim Dividend of 0.10 SG cent per Share Financial Performance Highlights
&bull   The Group has nearly doubled its sales volume to 6.3 million tonnes in 1H2025 (1H2024: 3.2 million tonnes) due to improved coal access in 2025 following the Group&rsquo s optimisation of its mining plans in 2024.
 
&bull In tandem with higher sales volume, revenue increased by 71% to US$289.5 million in 1H2025 (1H2024: US$169.4 million) despite lower average selling price (&ldquo ASP&rdquo ) of US$46.26 per tonne in 1H2025 (1H2024: US$52.47 per tonne).
 
&bull The Group&rsquo s cash profit per tonne for 1H2025 remained strong at an average of US$10.19 per tonne (1H2024: US$11.94 per tonne). The Group also continues to improve its cost efficiencies through the optimisation of its mining plan.
 
&bull The Group recognised higher general and administrative expenses of US$9.2 million in 1H2025 (1H2025: US$6.2 million), mainly due to the expansion of its TRA coal mine operations and the acquisition and ongoing development of PT Marga Bara Jaya (&ldquo MBJ&rdquo ) integrated infrastructure.
 
&bull The Group&rsquo s depreciation and amortisation expenses in 1H2025 increased to US$19.9 million (1H2024: US$11.6 million), mainly due to higher production volume.
 
&bull The Group&rsquo s net profit for the period increased by 76% from US$11.4 million1 in 1H2024 to US$20.1 million in 1H2025.
 
&bull The Group is on track to exceed its targeted production volume of 10.5 &ndash 11.5 million tonnes for 2025. Further, the Group has also obtained approval for the increased RKAB for its TBR coal mine of 8.5 million tonnes.
 
Dividends
 
&bull Committed to rewarding shareholders, the Company declares an interim dividend of 0.10 SG cent per share in 2Q2025.
 
&bull While 1H2025 interim dividend implies a dividend payout ratio of 18.7%, the Company remains committed to its dividend policy of at least 30% of the Group&rsquo s net profit and will assess the full-year results performance at year end before declaring the final dividend.
 
Recent Business Highlights
 
&bull The Group has completed the disposal of PT Sumber Bara Jaya and PT Bumi Enggang Khatulistiwa at a price of US$18.0 million on 14 July 2025. Such disposal allows the Group to further optimise its portfolio and focus its allocation on its growth drivers and enhance shareholder value.
 
&bull The development of MBJ&rsquo s integrated infrastructure is on track and expected to be completed by June 2026. With a targeted road haulage capacity of up to 40-50 million tonnes per annum, MBJ&rsquo s integrated infrastructure will allow the Group to progressively increase its TRA&rsquo s coal production to 20-25 million tonnes per annum and yield substantial logistical savings for TRA&rsquo s coal operations. In addition, the Group will be able to diversify and generate recurring revenue stream as an infrastructure provider with the remaining haulage capacity.
 
Positive Market Outlook
 
&bull Indonesia, the world&rsquo s 4th largest population with more than 280 million people, has the need for affordable public electricity. With its economic growth and increased electricity demand from its large population, coal continues to be a vital source in Indonesia&rsquo s energy mix.
 
&bull At the heart of coal&rsquo s resilience is Asia, where China alone accounted for a staggering 56% of global coal consumption in 2024. With coal still supplying around 60% of its energy demand, the reality is that coal remains the backbone of China&rsquo s electricity system, industrial activity, and energy security strategy.2
 
&bull Global coal demand could remain strong for longer, with coal-fired power generation potentially staying dominant through 2030, according to a new Horizons report from Wood Mackenzie.3
 
&bull Wood Mackenzie has forecasted ICI4 prices to be around US$48 per tonne for the remaining of 2025. Nevertheless, for 2026, Wood Mackenzie forecasted ICI4 prices at the average of US$51 per tonne while M42 Futures Index forecasted an average ICI4 of US$46 per tonne.
 
Commenting on the Group&rsquo s 1H2025 results and business outlook, Mr Charles Antonny Melati, Executive Chairman & Chief Executive Officer of the Group, said:  &ldquo Our strong operational performance in 1H2025 highlights our ability to execute our mining plan and deliver almost double the sales volume compared to 1H2024.
 
While coal prices are subject to short-term cyclical fluctuations, long-term demand remains supported by structural drivers such as population growth, industrialisation, and national energy security priorities. In many developing regions across Asia, coal continues to play a vital role due to its affordability and reliability in meeting large-scale energy needs.
 
As we expand our presence in the energy sector, we are making solid progress on the development of the MBJ project. Building on this momentum, we remain firmly on track toward to achieving our long-term vision of becoming a billion-dollar integrated energy group.
 
Notwithstanding the ongoing construction and development of the MBJ integrated infrastructure, we remain committed to delivering shareholder value by declaring an interim dividend.&rdquo
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lailai
Elite |
14-Aug-2025 11:09
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report did mention this, if this is what livelife meant, quote: " In relation to the announcement made on 6 August 2024 for the EPC works of the MBJ integrated infrastructure, the Group has agreed to additional scopes of circa US$40 million to further enhance the quality and foundations of the road infrastructure. The additional scope is aimed at reinforcing critical components to minimise potential disruptions in the future and ensure operational continuity. Barring unforeseen circumstances, the Group does not anticipate any delay in the timeline for the completion of the EPC works." imo, thought prudent for konsi to plan  this contiingency cost for a long haul 2 yr relatively difficult hiway project. just opnn, dyodd.
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superstartup
Supreme |
14-Aug-2025 10:46
Yells: "Enjoy doing Fundamental Research" |
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Yes. Stated in the financial statements itself, all the way down, under Outlook. Hidden away from company PR.
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thinkpad
Member |
14-Aug-2025 10:41
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Wah, u garang, I like
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Trainner
Master |
14-Aug-2025 10:32
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The safe not very big....... but have some extra space, only Geo is inside... 😅  
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thinkpad
Member |
14-Aug-2025 10:29
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Bro, can tong pang your safe for a year?
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Trainner
Master |
14-Aug-2025 10:25
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Bro, it was 25~27cts in 2024, many of my friends were disappointed and sold..... I am glad that I stayed, today is 37 cts, the gain is good for just 1 yr. now, Geo has many good stories in 2026, the price hike probability will be much higher as compared to last 1 yr. Time flies, 2026 will come very soon.... I just put the shares in my safe, next year, when open the safe, it will be full of great surprises!!!! 🚀
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HVRRVH
Elite |
14-Aug-2025 10:17
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Yes it can be frustrating though it should be mitigated by dividends, which effectively reduces the cost of holding over time, if hold long enough of course. Personally if the price drop enough, I will average down to further reduce holding cost. Of course, this is provided that we have the confidence in the company for long term. If not, we have to switch out. 
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thinkpad
Member |
14-Aug-2025 10:12
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Bro, i feel you. Next year this time cannot hit 40, i will sell, bo bian one.
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stockwatch8877
Senior |
14-Aug-2025 10:10
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Everyone says Geo will hit 40c. So far, Geo not even pass 38c and above. Do not be like me who listened to the good news and bought at a high price. Shorties are around to control the stock. Good news cannot push up the price. Cannot go up to 38c and above. I am stuck with Geo. | ||||
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HVRRVH
Elite |
14-Aug-2025 10:03
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Not bad lah price holding well. It' s long term for this counter. 4 times dividend payouts per year with earning visibility and growth plus big ang moh shows conviction with $1 warrant. Let' s stay along and accumulate to see how. Personally I have been buying at $0.31 - $0.35 levels.  | ||||
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thinkpad
Member |
14-Aug-2025 09:40
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Hope today is the start of another accumulation after result
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Trainner
Master |
14-Aug-2025 09:36
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Agree...... short term, the counter may see price fluctuations...... this is how people gain profit or lose money...... For long investors, we will be holding till the MBJ infrastructure complete, 25MT/yr production, Bil dollars, etc. the company has a clear vision, strong execution, good partnerships, and, just realised, very prudent on spending money and plan way ahead. Good !!!! I am still long.   
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stockwatch8877
Senior |
14-Aug-2025 09:28
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Shorties are the main players. Sell high and buy low. Without the shorties, Geo Is a not active stock. I have noticed that shorties kept shooting down the price and later they buy back at a low price. Even the company is making profit but the dividend payout is low. So think carefully, if you want to buy Geo.
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ETHunter
Master |
14-Aug-2025 09:27
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Yes, against the headwind of low USD, low coal prices and ongoing major investments to build infrastructure, the results are outstanding imo. Mgtm deserve a pat.
Dividends to me are not as important during this growth state. Conserve capital for infrastructure building and shares buyback!! Dyodd
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Trainner
Master |
14-Aug-2025 09:20
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Shortists are opportunists whom will give up easily if investors are strong.  So, no fear, it is just normal market forces. most important thing is, the business has to be strong with clear vision and execution.  
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