Back

Latest Forum Topics / GSS Energy    Last:0.014 --

Post Reply

Thai Sri Trang sets IPO price at S$1.20 Post Reply Rate topic
Wind22i Supreme	17-Feb-2020 21:26        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	U seem to follow this stock pretty well Stanton      ( Date: 17-Feb-2020 21:24) Posted: In the last 2/3 years they have been boasting about how undervalued GSS is. They keep bragging about the potential of their oil business and how profitable is their PE business. What happened? Oil business turn out to be a failure. PE business is doing well and have been supporting the oil business. Now the CEO makes an offer for the PE business and the co is going to become a cash co with no operating business. They have not disclosed the offer price for the PE business. In the first place the CEO should not even make an offer for the PE business and cut away its cash flow. My guess is he will buy it on the cheap and flip it to sell at a high price. Why didn?t he do a GO for GSS. Minority shareholders will be short changed.
Useful To Me  Not Useful To Me
Stanton Veteran	17-Feb-2020 21:24        Stanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the last 2/3 years they have been boasting about how undervalued GSS is. They keep bragging about the potential of their oil business and how profitable is their PE business. What happened? Oil business turn out to be a failure. PE business is doing well and have been supporting the oil business. Now the CEO makes an offer for the PE business and the co is going to become a cash co with no operating business. They have not disclosed the offer price for the PE business. In the first place the CEO should not even make an offer for the PE business and cut away its cash flow. My guess is he will buy it on the cheap and flip it to sell at a high price. Why didn?t he do a GO for GSS. Minority shareholders will be short changed.
Useful To Me  Not Useful To Me
johnng Supreme	17-Feb-2020 16:13        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Insiders or BOD dumping...becareful... Whiskey4108      ( Date: 17-Feb-2020 14:24) Posted: 10.7 million shares done at 10.6 cents with 8.2 million bought up and 2.5 million sold down. Buying still quite strong
Useful To Me  Not Useful To Me
Whiskey4108 Member	17-Feb-2020 15:52        Whiskey4108 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quickly run road
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 15:47        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	thinking of selling some ..... cannot wait !!
Useful To Me  Not Useful To Me
Whiskey4108 Member	17-Feb-2020 15:17        Whiskey4108 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Losing steam
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 14:28        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don' t look at brought up and sold down, ask your broker the reason not so accurate cos the SGX update every few seconds, if clear on shot  brought up one pip above the Seller Q price - it will show " Sold down"
Useful To Me  Not Useful To Me
Whiskey4108 Member	17-Feb-2020 14:24        Whiskey4108 About Contact  Quote this Post!
x 0   x 0  Alert Admin	10.7 million shares done at 10.6 cents with 8.2 million bought up and 2.5 million sold down. Buying still quite strong
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 14:19        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dynamac hit 153 and mermaid hit 120 - might be the top formation i guess GSS still got 20 to 30% to move up
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 14:14        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	GSS is unlike DynaMac and mermaid, which chiong to form the top and dump BB is accumulating GSS, before a good run, might become a superstar for the week !!
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 14:10        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	look at how BB move withdraw buy Q at 105/106 and someone sold with low volume and BB brought up with high volume... be patient, they are making up the 15/30 mins chart very soon will chiong and break 108 to hit 111/112
Useful To Me  Not Useful To Me
nubdonut Member	17-Feb-2020 14:03        nubdonut About Contact  Quote this Post!
x 0   x 0  Alert Admin	bro i just sold 106 yamseng      ( Date: 17-Feb-2020 13:33) Posted: testing 107 .. hope it can break it
Useful To Me  Not Useful To Me
Trader-101 Supreme	17-Feb-2020 13:50        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	Failed 3 times tdy alr Downtrend ?
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 13:33        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	testing 107 .. hope it can break it
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 11:04        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	focus... can' t buy so many shares at least GSS got news rgd Giken
Useful To Me  Not Useful To Me
nubdonut Member	17-Feb-2020 11:01        nubdonut About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dyna and mermaid flying too
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 10:58        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	2nd attempt to clear 107 now...
Useful To Me  Not Useful To Me
lovetoshare Elite	17-Feb-2020 10:42        lovetoshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	it is up to the gamblers in short term. Whiskey4108      ( Date: 15-Feb-2020 14:18) Posted: that doesnt sound very optimistic.. im actually quite confused tho.. dont know what' s the right interpretation superstartup      ( Date: 15-Feb-2020 14:09) Posted: While there is cash return from the subsidiary to GSS arising from the capital reduction exercise, the cash is been off-set against the loan due from GSS to the subsidiary. (The cash amount involved should be around $12.3m based on the capital reduction exercise announcement.)  Quote from the announcement: " ..... the excess capital has been returned to the Company which is used to set-off against the loan due from the Company to GSL. ....  For avoidance of any doubt,  no cash movement is involved  in return of excess capital from GSL to the Company.  .... ' And if you read the latest financial result announcement, GSS has a liability due to subsidiary amounting to $21m. While the Net Asset value at company level, i.e. GSS = 3.95 cent as at 30 Sep 19 I may be wrong, but my assessment is that assuming the subsidiary is been sold at simply book value (Total Equity Basis based on accounting), the remaining GSS will have Net Asset value = 3.95 cent too or just slightly higher. 3.95 cent is the Net Asset Value of GSS at  Company Level  as at 30 Sep 19. You can do some calculations from the 30 Sep 19 financial result announcement financial statements between the Group Level and at the Company Level too, i.e. after selling of the subsidiary, add amount nett gain to GSS (sale price of subsidiary less investment in subsidiary + pay off the amount due to subsidiary). Just sharing my view.
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 09:37        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope that BB can push to hit 111/114
Useful To Me  Not Useful To Me
yamseng Supreme	17-Feb-2020 09:33        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	once break 106, buyer will rush in  watch out
Useful To Me  Not Useful To Me

                                                         First   < Newer   2541-2560 of 7800   Older>   Last