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Geo Energy Res
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Black Gold Industry Discussion
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yoga123
Elite |
28-May-2025 10:10
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Sell queues may either be real or fake. Impossible to know which type is it. Just ignore it and enjoy the ride up.
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ahberngh
Elite |
28-May-2025 10:01
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Sigh, very difficult for this counter to rise, every small step is a struggle. Massive selling at 38c, either by shortists or short term speculators. After 38c, huge sell wall of 6000+ lots waiting. |
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yoga123
Elite |
28-May-2025 09:42
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Bulls are regaining control and pushing Geo up, we may see 40c and beyond very soon. 👍
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ozone2002
Supreme |
28-May-2025 09:31
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Last:0.385  +0.01Another collection at 38c today
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tccroy
Elite |
28-May-2025 09:21
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The show will be nice if it hit past 40 and reach Reinvest's first buy up price at 45 cents
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HVRRVH
Elite |
28-May-2025 09:09
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Sweet, thumb up! Hopefully the momentum can continue and try $0.40 in due course. | ||||
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stockwatch8877
Senior |
28-May-2025 09:00
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Hope so it can touch 38c.
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tccroy
Elite |
28-May-2025 07:53
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Today must hit pass 38 otherwise shortists will short again. | ||||
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ozone2002
Supreme |
27-May-2025 17:06
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Last:0.37 +0.015very Kan Cheong buying by BBs pushing up Geo price by several pips to close high at 37.5c first stop NAV 47c next stop $1b valuation 72c which is dble of current price near valuation above Resinvest $1 warrants exercise price
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Lightscity
Senior |
27-May-2025 15:54
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I dont contra. I am investing for the long term, not a trader on this stock. If things are good, i will dca upwards slowly. | ||||
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yoga123
Elite |
27-May-2025 15:47
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Load more and hold if you have spare money to invest. Do not contra. 👍
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Lightscity
Senior |
27-May-2025 14:36
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Just read the news. Seems to work well for Geo trying to ramp up coal production in coming years. With the neighbouring mines ramping up coal production, there should be more use for their MBJ infrastructure too which means more income. https://www.straitstimes.com/asia/se-asia/indonesia-plans-nearly-70gw-of-new-power-capacity-by-end-2034-including-coal | ||||
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tccroy
Elite |
27-May-2025 14:24
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Most probably due to announcement by Indonesian government who gave encouraging news yesterday
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HVRRVH
Elite |
27-May-2025 14:11
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Wasted. Could have added to my intended holding size at $0.355. Some more with CD and some more price go up even after 2 XD. But it?s ok, long game.
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Lightscity
Senior |
27-May-2025 14:08
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Anyone knows what happen to Geo? how come suddenly cheong? no complaints (as i am vested) but just want know why and whether to load more | ||||
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blackranchu
Member |
27-May-2025 08:25
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https://www.straitstimes.com/asia/se-asia/indonesia-plans-nearly-70gw-of-new-power-capacity-by-end-2034-including-coal
Indonesia backtracks on coal phase-out in new 2034 power supply plan
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For_The_Next_Leg
Master |
26-May-2025 12:31
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There is significant support at 355. Coal demand will not drop.
https://www.cnbc.com/2025/05/17/trump-wants-coal-to-power-ai-data-centers-the-tech-industry-is-wary-.html
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ozone2002
Supreme |
26-May-2025 09:59
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Block trades done this morning on Geo |
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lailai
Elite |
26-May-2025 08:20
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chair melati was rewarding investors with 9c div for FY2021, same in FY2022. that time, coal price was high, though production not so high, and transportation poor. imo, he does not stinge in distributing profit sharing (30%). by mid 2026, production hi, infrastruct compl, with huge toll collection, mkt price for geo would surge. maybe 50-60c or higher, as some say > $1. think currently bbs patiently adding their huge pot of black gold, and collecting good div, while they wait for infrastruct to compl. just opnn, dyodd.
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HVRRVH
Elite |
25-May-2025 10:02
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These words of caution is fair enough. I remember back then Rex International was hyping of reaching $1b cap too, if it happens, their share price will be above $1. However, I think highest Rex reached was around 70 cents or 80 cents and look at it now. But I have good feeling about Geo as it is easier to verify their coal reserves, plus their substantive investments backed by strategic partners are quite transparents and visible, with progressive results showed with progress of time. I am surprised that the price hasn' t come down with 2 XDs in May 2025. I was waiting to add but it did not come down to my price range. Now I have to reevaluate whether to go in at current price.
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