| Latest Forum Topics / Golden Energy |
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Golden Energy new
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tccroy
Elite |
16-Aug-2021 19:10
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They could be left hand selling to right hand.
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TA_Expert
Supreme |
16-Aug-2021 18:30
Yells: "The World has changed" |
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Becareful when reading BBs' purchases. To outsiders, it seems that they are losing millions, but in actual there' s more than meets the eyes.
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Catrade
Master |
16-Aug-2021 17:52
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The BB who bought 34.5M shares @ 38.5c through married deal has not dump, for he knows Golden Energy is v undervalue and he could not buy from the open market becoz the free float is v small. The company actually holds abt 87% of the total issue share, My guess is may be perhaps sometimes is brewing ,,,.Who in his right mind bought $20.56 mil shares if he doesnt see somethings we retailers dont? Please do ur own due diligence!
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TA_Expert
Supreme |
16-Aug-2021 15:37
Yells: "The World has changed" |
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As expected, pump amd dump. Poor retials kena burnt out. | ||||
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Catrade
Master |
16-Aug-2021 14:21
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Sometimes its the BB strategy to flash out weak holders so that he can collect more at cheaper price. As long as the company is fundamental solid and growing in these 3 commodities(Thermal coal, Metallurgical coal n Gold) businesses supported by multi yrs records price Golden Energy will rise.
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newbieliu
Elite |
16-Aug-2021 12:29
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I also mistakenly thought it wil be supported ard 36-38.5 at least .... well Mr Market always shocked us when there are larger BBs ard
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Catrade
Master |
16-Aug-2021 11:56
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I stll believe in the BB who bought 53.4M shares at 38.5c last mth. Who will to pay $20.56mil for nothing?? Definitely this mystery BB knows something we don' t, especially during this period coal prices hit multi yr high. Golden Energy is much bigger now, not just mining Thermal coal & Forestry in Indonesia, but Metallurgical coal & Gold mines in Australia. The Gold mine in Ravenswood is moving towards the biggest in Queenland. These 3 commodities(Thermal coal, Met Coal & Gold) r breaking multi yr record price. GE is definitely v undervalue!! |
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newbieliu
Elite |
16-Aug-2021 11:39
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LOL yea but the bloodshed was larger at GEAR with 41 cents dropped to 29.5 cents within1 week. sianzz.
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Contratrader
Elite |
16-Aug-2021 10:30
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Now mkt all sell on results..better to sell before results  | ||||
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yamseng
Supreme |
16-Aug-2021 10:27
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cannot believe the result anymore kena  bleeding  |
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Corian99
Member |
16-Aug-2021 10:21
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Don' t be misleading leh, Geo Energy also plunged 10+% last week after announcing a result that the market expected to be better
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superstartup
Supreme |
16-Aug-2021 09:32
Yells: "Enjoy doing Fundamental Research" |
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The price had went from 0.15 to current 0.30+ Share price had already priced in the good 1H result. In addition, it' s main revenue and profit contributor, GEMS  2021 2Q profit dropped by 55% compared to 2021 1Q. |
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tccroy
Elite |
16-Aug-2021 09:28
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Yup, it's only paper profit that's all.
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newbieliu
Elite |
16-Aug-2021 09:21
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that is saddening! what stellar result ! useless one | ||||
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tccroy
Elite |
16-Aug-2021 09:19
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Investors see no confidence in this stock despite fantastic results. Geo Energy pays half cent dividends after announcing their results hence their stocks go north today.
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tccroy
Elite |
16-Aug-2021 09:08
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Stocks which expected good results but when declare no dividends will see less support and goes south. That's what I observe from ISDN stock performance after their announcement of good results.
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ysh2006
Supreme |
16-Aug-2021 08:34
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Today let see how market react to announcement....?
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Catrade
Master |
15-Aug-2021 23:07
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Yamseng, well done and thk u for ur effort! Will this clarification, Golden Energy can continue to export its coal oversea taking advantage of the multi yr record price.
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newbieliu
Elite |
15-Aug-2021 21:53
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lol wish u could promote GEAR to ur gang lol
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yamseng
Supreme |
15-Aug-2021 21:42
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my complaint to SGX, get settled !! The Board of Directors of Golden Energy and Resources Limited (the &ldquo Company&rdquo or &lsquo GEAR&rdquo ) wishes to update shareholders on the following development relating to its subsidiary, PT Borneo Indobara (&ldquo BIB&rdquo ). On 7 August 2021, Indonesia&rsquo s Ministry of Energy and Mineral Resources (&ldquo MEMR&rdquo ) released a list of 34 companies banned from exporting coal due to potentially not fulfilling their contractual coal supply obligations to state-owned electric utility PT Perusahaan Listrik Negara (&ldquo PLN&rdquo ) and its affiliates during the first seven months of 2021. BIB was one of the companies included in the list. Following the news of the proposed export ban, BIB commenced discussions with MEMR to clarify its potential areas of non-compliance. On 8 August 2021, MEMR, upon further assessment arising from the discussions with BIB, informed BIB that its export ban was lifted. The assessment took into consideration BIB&rsquo s completion of a 55,000-ton coal shipment to PLN which had been scheduled for late July but was inadvertently delayed by a few days to early August. This completed shipment ensured that BIB met its coal supply obligations to PLN for the first seven months of 2021. This matter has been resolved with MEMR and does not have any impact on the business and operations of BIB and GEAR.  |
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