Latest Forum Topics /
Geo Energy Res
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Black Gold Industry Discussion
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Trainner
Master |
25-Nov-2025 09:29
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I am uncomfortable with this deal also..... let' s see.....
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ahberngh
Elite |
25-Nov-2025 09:22
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It is irrational and insane to vote for such an obviously overpriced sale. I have used proxy vote to vote against all resolutions. |
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lailai
Elite |
25-Nov-2025 08:47
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sias asked a simple but very relevant question, amongst others, quote: " Can the independent directors justify the decision to approve the proposed acquisition valued at more than nine times the targets&rsquo NAV (US$127.5 million vs US$13.5 million), particularly when the Company itself has historically traded below its own book value?" was looking at prices of used tugs and barges. the acq is probably worth us$13-15mil, as shown in the nav of us$13.5. if bbs vote for, they are probably looking long term konsi potential, not just 1 yr but several yrs of recurring profit. result after 2molo' s egm after 10am. just opnn, dyodd. |
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tccroy
Elite |
24-Nov-2025 22:13
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M42 up again | ||||
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tccroy
Elite |
24-Nov-2025 15:26
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Toll to date, Reinvest holdings are not much, even combine with other minority shareholders still less than 50%. So EGM will pass through even without Melati voting
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lailai
Elite |
24-Nov-2025 14:59
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result of egm shd be out in 2 days, or less than 48hrs, meeting at 10am. if the herring does not vote against, my guess it is red. if acq is not unsettling, price would hv shot north instead of dive south, obvious. |
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finjungle
Veteran |
24-Nov-2025 11:16
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The proposed acquisitions are unsettling and of concern arising from the high proces to be paid to parties related to the managment and substantial shareholders. I think the presence of Reinvest is a red herring. Hope these acquisitions would be rejected.
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For_The_Next_Leg
Master |
24-Nov-2025 11:10
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The next growth for Geo Energy is the haul road and jetty infrastructure project. New revenue stream will come in and Geo Energy will be able to provide end to end coal transportation for its mining business - boosting top and bottom line.
 
https://www.nextinsight.net/story-archive-mainmenu-60/948-2025/16327-geo-energys-ambitious-mine-to-market-path-to-supply-chain-resilience
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ozone2002
Supreme |
24-Nov-2025 10:21
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Last:0.43        +0.005this is definitely a concern and needs to be addressed
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lailai
Elite |
24-Nov-2025 08:56
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yah, u put it very clearly. most investors were bulish like u, with resinvest strong support and the good progress in the hiway infrastuct project. they buy up until geo hit 52c. but when announcement of dolphin egm meeting, geo drop like crasy. they panic and cut loss, to oversold or near. obviously equity exchange rate is obviously ridiculous. 
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tccroy
Elite |
24-Nov-2025 08:37
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BBs already got it cheap during the past 2 days of trading. All these cheap buys were sponsored by the panic investors. Want to buy back at these prices would not be easy. The dividend was only 0.1 cent but dropped 3 bids, BBs took opportunity to grab at cheap prices. | ||||
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lailai
Elite |
24-Nov-2025 07:41
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Agree. Sell down has started since geo announce the egm date. from about 50 to 42.5, within a short period. obviously investors nervous about ' arm' s length' transaction. bbs probably taking advantage buy at cheap getting cheaper panic sale.  | ||||
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Dannkh
Master |
23-Nov-2025 19:52
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The queries is whether the proposed purchase is a "arm's length" transaction. The red flag is it involves interested party. Maybe this is the cause of sell down on Friday. Not vested. Dyodd.
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HVRRVH
Elite |
23-Nov-2025 19:28
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SIAS asked the same questions. The goodwill come in the form of " Equity Interest' of the targeted companies to the tune of US$285m. If the 2 targeted companies can earn so much why is their NAV so low? I was building position in Geo when this acquisition was taking place, primarily in view of Reinvest' s high warrant prices and also the road infrustructure Geo was building for alternate source of income. However with such high acqusition price involving interested parties, I have some concerned and sold all at low price albeit still with profit. I was wrong in the context of subsequent price surge to hit the high of $0.52 so what do I know. I think shareholders must continue to grill the management at the EGM even though they have provided response to SIAS. 
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lailai
Elite |
23-Nov-2025 18:17
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any comments from the latest responses to questions by sias and shareholder, in sgx announcement. attached link, not sure can open. https://links.sgx.com/1.0.0/corporate-announcements/L3GT9R9G5TDYU2WZ/867728_SGX%20Announcement%20-%20EGM%20Response%20to%20Questions%20from%20SIAS%20and%20Shareholders.pdf
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Trainner
Master |
21-Nov-2025 17:55
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Mr Malati has no motivation to push up the price now, he will after the dolphin EGM...... 
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lailai
Elite |
21-Nov-2025 15:04
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geo dropping like non stop since dolphin egm announced. now shd be oversold or almost. time for reversal. may happen next week. just opnn, dyodd.
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ETHunter
Master |
21-Nov-2025 12:19
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Be steady. Look fwd to 2026 just 1 over month away. 2026 will be the year all stars align. ResInvest bought at 50c last December and holding happily i believe. Dyodd.  
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ozone2002
Supreme |
21-Nov-2025 10:48
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Last:0.43        -0.0117% drop from 52c high Measly dividend still worth it? 20% bear market territory
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tccroy
Elite |
20-Nov-2025 15:51
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It looks like BB is putting on Road block at 44.5 hoping to accumulate more at 44 | ||||
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