Latest Forum Topics /
Geo Energy Res
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To Revalue Geo
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desmodeus
Veteran |
31-May-2023 17:32
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that is awful. wait for 10c then
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doremifatso
Senior |
31-May-2023 17:18
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The price suggests that company is going to lose money.... management got say before that because their contractor costa is linked to coal price, they will be profitBle even if coal goes to high 20s/low 30s. But now the indo government impose extra royalty taxes so im not sure what is the breakeven now.
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desmodeus
Veteran |
31-May-2023 16:39
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lelong lelong. only need 2c after cash to take over producing co | ||||
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tccroy
Elite |
31-May-2023 16:19
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The management want to make you give up Geo. You will regret if you give up.
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TraderBen
Supreme |
31-May-2023 16:19
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before the 1st CD 4 cents plus 2nd CD 0.5 cents.. was 34 cents stock price.. now both XD.. take 4.5 cents dividends but share price drop 10 cents.. WTF.. for those who bought high.. | ||||
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Ayamas
Senior |
31-May-2023 16:13
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30% drop wow
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lailai
Elite |
31-May-2023 15:06
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management no hew, sgx no hew, forumers hew and hew oso no use. need someone mo powderful to hew, then they can wake up and revive geo.  otherwise gon to the drain drip by drip. sadtosay. las yr give 9c div, this yr price drop to 24c wataexch.
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ahberngh
Elite |
31-May-2023 11:53
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Management totally ignoring the drastic price decay. They are up to something. Could be good, could be bad. Hope it is the former. |
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yoga123
Elite |
31-May-2023 11:31
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As I am holding at 0.455, I will reject if offer price is lower than that.  Hopefully,  there is no offer price and it climbs back up eventually.
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yoga123
Elite |
31-May-2023 11:25
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Thanks for sharing.  By the way, what is your average price that you are holding Geo at the moment?  Mine is 0.455.
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Ayamas
Senior |
31-May-2023 11:13
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" Newcastle coal futures, the benchmark for Asia' s largest coal-consuming region, fell to $140 per tonne, the lowest level since July 2021, down almost 70% from its record high of $457.8 reached in September last year. The economic recovery in China remains subdued and industrial activity is muted, particularly in manufacturing and construction, weighing on demand for commodities. At the same time, the domestic inventory of coal in China has reached historical high levels due to low demand and significant imports. During the first four months of 2023, China experienced a modest increase of only 4.8% in raw coal output, while imports surged by a substantial 88.8%. Outside China, falling natural gas prices have contributed to Europe' s shift away from coal consumption. In India however, imports of coal went up 22% and coal production rose 14.8% in the financial year ended March 31st" hmm..hope their cost isn' t as high as last QR or Geo will be in trouble. |
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kei3006
Member |
31-May-2023 09:22
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No, the recent steep fall in coal price was due to the rumour that Russia did not cut back on oil production as per Opec agreement, hence causing oil price to fall. This weekend is Opec meeting, that will provide clarity.
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JAD_Trader
Veteran |
31-May-2023 09:15
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How to feedback to SGX?
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tccroy
Elite |
31-May-2023 09:07
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They are the type monkey see monkey do. However our market is small.
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lailai
Elite |
31-May-2023 09:04
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tink this has gone too far. if sgx cannot do anythin, they should refer to the authorities who can, like the las time with ABL saga.
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FOREVERFREEDOM
Veteran |
31-May-2023 08:59
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becos ppl too optimistic that time, said high dividend yield at 0.40, a lot of ppl kept average down. Now the mgt seem like dun want to support the price yet, if that is good news coming and purposing press down, then Geo will be good. If it is due to BBs leaving, then this counter hard to go up even with high cash on hand and dividend
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pursuer76
Veteran |
31-May-2023 08:56
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Yesterday' s big shortsell might be due to this. https://www.businesstimes.com.sg/esg/mas-launch-consultation-inclusion-coal-phase-out-criteria-singapores-taxonomy |
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lailai
Elite |
31-May-2023 08:42
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mani who buy at 35, will try average down when drop to 32, then 28, 26, ...  eventually run out of ammun to ave.  now at 24.5, no ammun, how to persevere shorties manip. konsi no sbb, sgx no query, shorties do wat they wan. wat u say sound logic, but how long can persevere to hold when value kept diminishing.  so now if got lo ball at 30, mani would opt to accept than kena lower wack by shorties. jus oppn no offence.
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tccroy
Elite |
31-May-2023 08:31
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The current quite is a RH to LH and LH to RH. Do not fall to their trap and sell
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tccroy
Elite |
31-May-2023 08:28
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While holding on we still can collect dividends
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