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ysh2006 Supreme	15-Aug-2021 19:24        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes Indonesia Borneo coal mine ban settled now no problem continue supply to state PUB. newbieliu      ( Date: 15-Aug-2021 11:44) Posted: With continued ban on Australlian coal.hopefully it will benfit the indonesian coal by GEAR . better profit in H2!
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newbieliu Elite	15-Aug-2021 11:44        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	With continued ban on Australlian coal.hopefully it will benfit the indonesian coal by GEAR . better profit in H2!
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ysh2006 Supreme	15-Aug-2021 10:43        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	White or black cat if can catch mouse is good ... PhillipTan      ( Date: 14-Aug-2021 03:20) Posted: Golden Energy and Resources' profit climbs 76.3% in H1 Net profit for coal miner Golden Energy and Resources rose 76.3 per cent on the year to US$29.1 million for the six months ended June 30, from US$16.5 million previously. This came as revenue increased by 36.3 per cent to US$806.7 million, from US$592 million in the year-ago period, underpinned by growth in the energy coal segment and metallurgical coal segment. Earnings per share stood at 1.24 US cents for the first half, up from 0.7 cent in the corresponding period last year. Mainboard-listed Golden Energy explores, mines and markets metallurgical coal and gold in Australia, as well as energy coal in Indonesia. The energy coal segment' s revenue went up by 27.7 per cent year on year due to higher average selling prices and a slight increase in sales volume. Golden Energy' s executive chairman Fuganto Widjaja said: " As part of the group' s strategic decision to gradually reduce its dependence on energy coal, significant progress was made in our previous acquisitions of Stanmore and Ravenswood. This will allow the group to further diversify its production and revenue mix." No dividend was recommended for the current financial period, the same as in H1 2020. Shares in Golden Energy dropped 2.8 per cent or one Singapore cent to close at 34.5 cents on Friday, before the results announcement.
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superstartup Supreme	14-Aug-2021 13:46        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	The numbers you stated for Q2 below is in fact the numbers for the 6 months period (Q1 + Q2) Hence, Q2 result is lower than Q1. FreshWater      ( Date: 13-Aug-2021 14:22) Posted: GEMs Q2 result is out too. (GEARS own ~63%) Q1 GEM profit for the period = approx 100.5 mil USD (GEAR takes ~63 mil) Q2 GEM profit for the period = approx 146 mil USD (GEAR takes ~92 mil) So GEM already contribute 155 mil to GEAR for 1H2021 (Do correct me if you see error in my sharing, I am learning too) Please also DYODD
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PhillipTan Supreme	14-Aug-2021 03:20        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Golden Energy and Resources' profit climbs 76.3% in H1 Net profit for coal miner Golden Energy and Resources rose 76.3 per cent on the year to US$29.1 million for the six months ended June 30, from US$16.5 million previously. This came as revenue increased by 36.3 per cent to US$806.7 million, from US$592 million in the year-ago period, underpinned by growth in the energy coal segment and metallurgical coal segment. Earnings per share stood at 1.24 US cents for the first half, up from 0.7 cent in the corresponding period last year. Mainboard-listed Golden Energy explores, mines and markets metallurgical coal and gold in Australia, as well as energy coal in Indonesia. The energy coal segment' s revenue went up by 27.7 per cent year on year due to higher average selling prices and a slight increase in sales volume. Golden Energy' s executive chairman Fuganto Widjaja said: " As part of the group' s strategic decision to gradually reduce its dependence on energy coal, significant progress was made in our previous acquisitions of Stanmore and Ravenswood. This will allow the group to further diversify its production and revenue mix." No dividend was recommended for the current financial period, the same as in H1 2020. Shares in Golden Energy dropped 2.8 per cent or one Singapore cent to close at 34.5 cents on Friday, before the results announcement.
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newbieliu Elite	13-Aug-2021 19:03        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Group revenue surged by 36% yoy to US$806.7 million, underpinned by growth in Energy Coal segment as average selling prices increased by 28% yoy &bull Gross profit margin improved by 5 percentage points to 41% in 1H2021. Record gross profit of US$333.7 million as production cost remained stable &bull Group EBITDA grew by 125% yoy to US$189.0 million in 1H2021, highest level since listing in 2016 &bull Cash flow from operations increased to US$139.2 million in 1H2021 from US$40.4 million in 1H2020 Eh... no dividend iSIANZzzzzzzzzzzzzz No interim dividends were paid by the Company in respect of the six months ended 30 June 2021 and 2020. Catrade      ( Date: 13-Aug-2021 16:57) Posted: According to the company positive guidance, a very good set of 1H2021 result likely to be announced today! Hope for a good divident payout as well.
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Catrade Master	13-Aug-2021 16:57        Catrade About Contact  Quote this Post!
x 0   x 0  Alert Admin	According to the company positive guidance, a very good set of 1H2021 result likely to be announced today! Hope for a good divident payout as well.
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Catrade Master	13-Aug-2021 16:30        Catrade About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, BB has taken advantage of Jakarta reimposes DMO coal sanctions to force weak holders sell Golden Energy. Further more there was this recent " mystery married deal" buyer of 53.4M shares @ 38.5c on 28 Jul' 21. This BB definitely knows something we don' t! This was done after the company announced very positive profit guidance with multi yr record breaking coal price. What I dont understand is where does this 53.4M shares come from? since the share float is about 13% only and from SGX records no single party or individual has this amount of shares!!! Could someone enlighten me? Thks!   yamseng      ( Date: 13-Aug-2021 14:45) Posted: u can watch the past 2 days trading BB has been happily accumulating more shares from the retailers,,,,
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yamseng Supreme	13-Aug-2021 14:45        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	u can watch the past 2 days trading BB has been happily accumulating more shares from the retailers,,,,
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Catrade Master	13-Aug-2021 14:40        Catrade About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well done Yamseng! yamseng      ( Date: 13-Aug-2021 14:24) Posted: Golden energy never put up notification to inform the shareholders.... has just reported to the SGX authority to take some actions against the violation of regulation. SGX just replied, they will investigate the whole issue.. i hv informed SGX that  i will call business time or strait times if SGX does not want to take action
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yamseng Supreme	13-Aug-2021 14:35        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Australia side -  got gold and coal mines ,,,,
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yamseng Supreme	13-Aug-2021 14:24        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Golden energy never put up notification to inform the shareholders.... has just reported to the SGX authority to take some actions against the violation of regulation. SGX just replied, they will investigate the whole issue.. i hv informed SGX that  i will call business time or strait times if SGX does not want to take action
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FreshWater Member	13-Aug-2021 14:22        FreshWater About Contact  Quote this Post!
x 0   x 0  Alert Admin	GEMs Q2 result is out too. (GEARS own ~63%) Q1 GEM profit for the period = approx 100.5 mil USD (GEAR takes ~63 mil) Q2 GEM profit for the period = approx 146 mil USD (GEAR takes ~92 mil) So GEM already contribute 155 mil to GEAR for 1H2021 (Do correct me if you see error in my sharing, I am learning too) Please also DYODD
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yamseng Supreme	13-Aug-2021 14:18        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	just check the coal future price for sept $72 and oct $70 ,,,, moved up https://www.cmegroup.com/markets/energy/coal/coal-ici-4-indonesian-coal-index-argus-coalindo.html
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FreshWater Member	13-Aug-2021 13:22        FreshWater About Contact  Quote this Post!
x 0   x 0  Alert Admin	I did some homework too. From the list dated 10-Aug-2021, only one of the mine was originally affected under " PT Borneo Indobara" , this one is under GEM. http://www.ima-api.org/wp-content/uploads/2021/08/IMA-Daily-News-Update-Tuesday-August-10-2021.pdf From GEAR Annual Report (page 42), it shows the list of coal mines in GEMs, including  " PT Borneo Indobara" . The rest of the mines are not in the export ban list.  http://investor.gear.com.sg/misc/ar2020.pdf With the clarification (credit to Yamseng), per the below messages, GEARS should not be affected. https://remonews.com/indonesiaeng/the-ministry-of-energy-and-mineral-resources-revokes-the-export-ban-for-two-coal-companies/ DYODD.
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tccroy Elite	13-Aug-2021 11:58        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is good news yamseng      ( Date: 13-Aug-2021 11:08) Posted: https://remonews.com/indonesiaeng/the-ministry-of-energy-and-mineral-resources-revokes-the-export-ban-for-two-coal-companies/
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yamseng Supreme	13-Aug-2021 11:08        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://remonews.com/indonesiaeng/the-ministry-of-energy-and-mineral-resources-revokes-the-export-ban-for-two-coal-companies/
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muifan Supreme	13-Aug-2021 11:06        muifan About Contact  Quote this Post!   Yells: "Take the leap of faith dont regret 20 years later!"
x 0   x 0  Alert Admin	but gems is affected right? yamseng      ( Date: 13-Aug-2021 11:04) Posted: from the news  golden energy not affected ,,, has been revoked from the ban
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yamseng Supreme	13-Aug-2021 11:04        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	from the news  golden energy not affected ,,, has been revoked from the ban
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muifan Supreme	13-Aug-2021 10:58        muifan About Contact  Quote this Post!   Yells: "Take the leap of faith dont regret 20 years later!"
x 0   x 0  Alert Admin	better run.. yamseng      ( Date: 13-Aug-2021 10:56) Posted: https://remonews.com/indonesiaeng/the-ministry-of-energy-and-mineral-resources-revokes-the-export-ban-for-two-coal-companies/ https://remonews.com/indonesiaeng/34-coal-companies-banned-from-export-this-is-the-fate-of-their-stock Golden energy never put up notification to inform the shareholders.... has just reported to the SGX authority to take some actions against the violation of regulation.... i will call business time or strait times if SGX does not want to take action by noon .....
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