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GSS ENERGY - The NEW ENERGY PLAY BULL Post Reply Rate topic
ody2004 Senior	26-Dec-2019 10:29        ody2004 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Strong buying at 93.. look good
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ody2004 Senior	26-Dec-2019 09:19        ody2004 About Contact  Quote this Post!
x 0   x 0  Alert Admin	today GSS Turn... 100 tgt
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ody2004 Senior	19-Dec-2019 13:54        ody2004 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What the NAV? hmmhmm      ( Date: 19-Dec-2019 13:53) Posted: might hit NAV soon....
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hmmhmm Elite	19-Dec-2019 13:53        hmmhmm About Contact  Quote this Post!
x 0   x 0  Alert Admin	might hit NAV soon....
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ody2004 Senior	19-Dec-2019 13:34        ody2004 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lai liao
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ody2004 Senior	19-Dec-2019 12:17        ody2004 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chart look good.. should be the next one to move
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johnng Supreme	18-Dec-2019 14:13        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	CHIONG ARH!!
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Starwar88 Supreme	13-Dec-2019 16:31        Starwar88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tough. Whole day 86/87. Sgvale      ( Date: 13-Dec-2019 16:06) Posted: 92 Today
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Sgvale Supreme	13-Dec-2019 16:06        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	92 Today
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danger Supreme	11-Dec-2019 08:45        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Sgvale you kena stuck what price ? Sgvale      ( Date: 11-Dec-2019 08:38) Posted: Today is a buy
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Starwar88 Supreme	11-Dec-2019 08:43        Starwar88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Gss most likely will follow Rex? Sgvale      ( Date: 11-Dec-2019 08:38) Posted: Today is a buy
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Sgvale Supreme	11-Dec-2019 08:38        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today is a buy
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Sgvale Supreme	07-Dec-2019 12:29        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last year we saw the act of Opec oil production cut to help sustain oil price recovery fr low USD$45 to now USD$60. With more substantial pledge of oil production cut this year, oil price may see USD$75 -USD$80 next year.
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Sgvale Supreme	06-Dec-2019 07:50        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	ASIAN equity markets were in a cheery mood after reports indicated that US China deal soon. https://www.businesstimes.com.sg/companies-markets/optimism-over-us-china-deal-sends-sti-up?xtor=CS3-24
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Sgvale Supreme	05-Dec-2019 06:35        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Saudi Arabia-led cartel and Russia (collectively called "OPEC+") are widely expected to announce in Vienna on Friday an agreement to extend production cuts . The US shale oil revolution is the biggest contributor to the coming gush of oil. Need US cooperation to cut la. US is hijacking the world markets with the trade deal & shale oil production!!!
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Sgvale Supreme	04-Dec-2019 20:53        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	The latest: Bloomberg reports that despite the noise this week, the United States and China are moving closer to a trade deal. Recent legislation supporting pro-democracy protesters in Hong Kong is unlikely to be a major barrier, the outlet reports, citing a person familiar with Beijing's thinking.
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UncoolChip5 Senior	02-Dec-2019 14:53        UncoolChip5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	this stock is gone case for shor term. it will continue go down. beware look at rex, maritime mermaid and dyna mac instead. i just added more these 3 . looking to run pretty soon
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superstartup Supreme	02-Dec-2019 13:21        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Agree Sgvale      ( Date: 02-Dec-2019 13:17) Posted: With the farm out of the oil & gas deal, GSS Energy will not have to incur more costs, while the stewardship of the oil & gas segment will be handed to the purchaser. With this, oil & gas losses should no longer weigh on GSS? profitability ahead. GSS may give dividend with its profitable precision Co.
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Sgvale Supreme	02-Dec-2019 13:17        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	With the farm out of the oil & gas deal, GSS Energy will not have to incur more costs, while the stewardship of the oil & gas segment will be handed to the purchaser. With this, oil & gas losses should no longer weigh on GSS? profitability ahead. GSS may give dividend with its profitable precision Co.
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UncoolChip5 Senior	01-Dec-2019 14:16        UncoolChip5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What do you mean in simple words? It will crash soon? superstartup      ( Date: 01-Dec-2019 12:03) Posted: Addition information. GSS O& G is mainly operated by PT Sarana GSS Trembul held by its subsidiary, GSS Energy Trembul Limited. GSS sold 80% of GSS Energy Trembul Limited for USD $1 Just sharing. Please perform your own due diligence. From latest annual report: P.T. Sarana GSS Trembul n the previous financial year, the Company&rsquo s subsidiary, GSS Energy Trembul Limited. (&ldquo GETL&rdquo ) and P.T. Sarana Pembangunan Jawa Tengah (&ldquo SPJT&rdquo ) incorporated a subsidiary, P.T. Sarana GSS Trembul (&ldquo PTSGT&rdquo ) in Indonesia with a registered and fully-paid up share capital of IDR2,520,000,000 (equivalent to $270,000). GETL holds 49% of the registered share capital of PTSGT. However, GETL provided financing for the remaining 51% shares held by SPJT. Additionally, based on the contractual arrangement entered between the Group and SPJT, the Group has majority seats on the Board of Directors and Commissioners of PTSGT, to control and direct the relevant activities of PTSGT. The Group is also fully responsible for daily operation of PTSGT including management, financing activities and human resources. The working capital of PTSGT will be financed by the Group in several tranches up to IDR210 billion (equivalent to $23 million) for a period of 3 years. The financing provided by the Group will be secured by 40% equity interest in PTSGT pledged by SPJT and the loan amount including interest charged will be mandatorily converted into a fixed number of new shares in PTSGT (&ldquo Mandatory Conversion Shares&rdquo ) upon completion of the 3 years commitment period. After the conversion, the Group will directly own 89% equity interest in PTSGT. Management have determined that the above arrangements allow the Group to control PTSGT and have effectively given the Group 89% economic interest in PTSGT since 2016. This is considered an in-substance current ownership interest of 89% and therefore the Group consolidates PTSGT as a subsidiary with an 11% interest attributed to non-controlling interest. superstartup      ( Date: 01-Dec-2019 11:49) Posted: GSS sold its O& G biz. Sold 80% of it at USD$1. So not much oil (left 20% interest in the subsidiary, now associate.) See 3Q 19 announcement: " On 17 June 2019, the Company entered into a sale and purchase agreement with Oakhurst Investment Pte. Ltd. to dispose 80 Class A ordinary shares representing 80% of the issued and paid-up share capital in its wholly owned subsidiary, GSS Energy Trembul Limited (" GETL" ) (see announcement dated 18 June 2019). As at 30 September 2019, the investment in GETL is accounted as investment in associated company. Following the disposal, the Group continues to be engaged in the precision engineering business (" PE" )." - No more mention of O& G business like in the past financial reporting. See 18 Jun 19 announcement: https://links.sgx.com/FileOpen/SGX-GSSEL-20190618_Disposal_of_subsidiary_GETL.ashx?App=Announcement& FileID=563782
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