Back

Latest Forum Topics / Golden Energy

Post Reply

Golden Energy new Post Reply Rate topic
Biffeen123 Member	18-Jan-2017 11:07        Biffeen123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nah what is collection.u wait long long it will go up in your dream. Short sell more profit. Today I shorting more
Useful To Me  Not Useful To Me
eric998 Supreme	18-Jan-2017 00:24        eric998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Collections in progress.. poised to move up and its gong to be very fast and furious.. standby..
Useful To Me  Not Useful To Me
Biffeen123 Member	16-Jan-2017 15:45        Biffeen123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	0.495 Q no more 0.49 going to be soon no more Laughing and my profit keep growing
Useful To Me  Not Useful To Me
Biffeen123 Member	16-Jan-2017 15:17        Biffeen123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Laughing at stupid people who buy counterparty Phillip, Maybank , daiwa, credit Suisse, uob. Goodluck to these people from those counter
Useful To Me  Not Useful To Me
Biffeen123 Member	16-Jan-2017 15:15        Biffeen123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shorted 0.495 300K again
Useful To Me  Not Useful To Me
Biffeen123 Member	16-Jan-2017 15:04        Biffeen123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those who bought at 0.515 morning till now good luck I shorted lots of share waiting for profit. Those who kena OCBC securities one I wish u all the best
Useful To Me  Not Useful To Me
chanbs Elite	13-Jan-2017 16:02        chanbs About Contact  Quote this Post!
x 0   x 0  Alert Admin	nice good entry pt @ 0.52   better still, if you are lucky ... 0.515 cheers !
Useful To Me  Not Useful To Me
Doffy85 Senior	12-Jan-2017 15:49        Doffy85 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can anyone verify . Ooi Hong leong in this counter right?? Anything to do with Hong leong asia
Useful To Me  Not Useful To Me
Doffy85 Senior	12-Jan-2017 14:56        Doffy85 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kgi securities... it's posted on the edge online.. Google it. Think tomorrow the edge will publish Huataarrhh      ( Date: 12-Jan-2017 10:59) Posted: Who wrote this? Link? Msport      ( Date: 12-Jan-2017 10:10) Posted: Initiation Report  We initiate Golden Energy and Resources (GEAR) with a BUY recommendation and a target price of $0.95 based on our DCF valuation (WACC 12.5%, Long Term Growth 0%). We expect improving operational performance and plans to raise coal production to 14m tonnes in FY17F (+40% YoY) to help lift FY17 earnings growth significantly.  Increasing coal production backed by large reserves. GEAR has rights to mine more than 2bn tonnes of coal and is backed by its 780m of coal reserves as at 31 Oct 2016. GEAR owns 67% of PT Golden Energy Mines Tbk (GEMS IJ) whose coal assets are valued at US$3.1bn, according to the Independent Qualified Person Report (IQPR) by Salva Mining. GEAR&rsquo s crown jewel is its BIB mine in South Kalimantan, Indonesia that makes up 95% of our total valuation of the group. Its BIB mine enjoys close proximity to the coast and a low stripping ratio, enabling it to achieve similar margins to peers with higher quality coal.   Furthermore, its large reserves enable it to tender to supply coal to domestic power plant projects which require 20-25 years of coal supply.  GEARing up on higher coal prices and improved operational performance. GEAR&rsquo s ASP typically lags coal benchmark prices by around three months due to the nature of its contracts. Ecocoal, the closest benchmark in Indonesia to GEAR&rsquo s coal, has risen by 70% YoY in Dec-16. We can expect this to filter down to GEAR&rsquo s ASP starting 1Q17. More importantly, it has continued to improve operational performance, bringing down cash cost to US$19.7/tonne for its 9M16 period from US$28.5/tonne and US$23.8/tonne in FY14 and FY15, respectively. GEAR reported its highest quarterly profit since its reverse takeover in April 2015 and we expect the positive earnings growth momentum to continue this year.  Asia&rsquo s emerging countries still need coal to fuel their growing electricity needs. Although share of coal in world power generation is expected to drop to 36% by 2021, down from 41% in 2014, according to estimates by the International Energy Agency (IEA), absolute coal demand is still expected to be high. Demand shift to Asia from the U.S. and Europe is accelerating, thus benefiting strategically located Indonesian coal miners such as GEAR. The IEA forecasts solid coal demand to continue in Asia, where coal-based electricity is one of the preferred options to increase power generation to meet electricity shortage.  Key Risks: Decline in coal prices due to weaker demand/increased production from China. Regulatory risks in Indonesia.
Useful To Me  Not Useful To Me
Huataarrhh Senior	12-Jan-2017 10:59        Huataarrhh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who wrote this? Link? Msport      ( Date: 12-Jan-2017 10:10) Posted: Initiation Report  We initiate Golden Energy and Resources (GEAR) with a BUY recommendation and a target price of $0.95 based on our DCF valuation (WACC 12.5%, Long Term Growth 0%). We expect improving operational performance and plans to raise coal production to 14m tonnes in FY17F (+40% YoY) to help lift FY17 earnings growth significantly.  Increasing coal production backed by large reserves. GEAR has rights to mine more than 2bn tonnes of coal and is backed by its 780m of coal reserves as at 31 Oct 2016. GEAR owns 67% of PT Golden Energy Mines Tbk (GEMS IJ) whose coal assets are valued at US$3.1bn, according to the Independent Qualified Person Report (IQPR) by Salva Mining. GEAR&rsquo s crown jewel is its BIB mine in South Kalimantan, Indonesia that makes up 95% of our total valuation of the group. Its BIB mine enjoys close proximity to the coast and a low stripping ratio, enabling it to achieve similar margins to peers with higher quality coal.   Furthermore, its large reserves enable it to tender to supply coal to domestic power plant projects which require 20-25 years of coal supply.  GEARing up on higher coal prices and improved operational performance. GEAR&rsquo s ASP typically lags coal benchmark prices by around three months due to the nature of its contracts. Ecocoal, the closest benchmark in Indonesia to GEAR&rsquo s coal, has risen by 70% YoY in Dec-16. We can expect this to filter down to GEAR&rsquo s ASP starting 1Q17. More importantly, it has continued to improve operational performance, bringing down cash cost to US$19.7/tonne for its 9M16 period from US$28.5/tonne and US$23.8/tonne in FY14 and FY15, respectively. GEAR reported its highest quarterly profit since its reverse takeover in April 2015 and we expect the positive earnings growth momentum to continue this year.  Asia&rsquo s emerging countries still need coal to fuel their growing electricity needs. Although share of coal in world power generation is expected to drop to 36% by 2021, down from 41% in 2014, according to estimates by the International Energy Agency (IEA), absolute coal demand is still expected to be high. Demand shift to Asia from the U.S. and Europe is accelerating, thus benefiting strategically located Indonesian coal miners such as GEAR. The IEA forecasts solid coal demand to continue in Asia, where coal-based electricity is one of the preferred options to increase power generation to meet electricity shortage.  Key Risks: Decline in coal prices due to weaker demand/increased production from China. Regulatory risks in Indonesia.
Useful To Me  Not Useful To Me
Msport Elite	12-Jan-2017 10:10        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Initiation Report  We initiate Golden Energy and Resources (GEAR) with a BUY recommendation and a target price of $0.95 based on our DCF valuation (WACC 12.5%, Long Term Growth 0%). We expect improving operational performance and plans to raise coal production to 14m tonnes in FY17F (+40% YoY) to help lift FY17 earnings growth significantly.  Increasing coal production backed by large reserves. GEAR has rights to mine more than 2bn tonnes of coal and is backed by its 780m of coal reserves as at 31 Oct 2016. GEAR owns 67% of PT Golden Energy Mines Tbk (GEMS IJ) whose coal assets are valued at US$3.1bn, according to the Independent Qualified Person Report (IQPR) by Salva Mining. GEAR&rsquo s crown jewel is its BIB mine in South Kalimantan, Indonesia that makes up 95% of our total valuation of the group. Its BIB mine enjoys close proximity to the coast and a low stripping ratio, enabling it to achieve similar margins to peers with higher quality coal.   Furthermore, its large reserves enable it to tender to supply coal to domestic power plant projects which require 20-25 years of coal supply.  GEARing up on higher coal prices and improved operational performance. GEAR&rsquo s ASP typically lags coal benchmark prices by around three months due to the nature of its contracts. Ecocoal, the closest benchmark in Indonesia to GEAR&rsquo s coal, has risen by 70% YoY in Dec-16. We can expect this to filter down to GEAR&rsquo s ASP starting 1Q17. More importantly, it has continued to improve operational performance, bringing down cash cost to US$19.7/tonne for its 9M16 period from US$28.5/tonne and US$23.8/tonne in FY14 and FY15, respectively. GEAR reported its highest quarterly profit since its reverse takeover in April 2015 and we expect the positive earnings growth momentum to continue this year.  Asia&rsquo s emerging countries still need coal to fuel their growing electricity needs. Although share of coal in world power generation is expected to drop to 36% by 2021, down from 41% in 2014, according to estimates by the International Energy Agency (IEA), absolute coal demand is still expected to be high. Demand shift to Asia from the U.S. and Europe is accelerating, thus benefiting strategically located Indonesian coal miners such as GEAR. The IEA forecasts solid coal demand to continue in Asia, where coal-based electricity is one of the preferred options to increase power generation to meet electricity shortage.  Key Risks: Decline in coal prices due to weaker demand/increased production from China. Regulatory risks in Indonesia.
Useful To Me  Not Useful To Me
risktaker Supreme	09-Jan-2017 11:08        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	This stock cannot touch la... coal price will tank by 2nd qtr.... Major reversal for coal coming !! The players in this stock are disgusting
Useful To Me  Not Useful To Me
Msport Elite	09-Jan-2017 11:05        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	promote coy la... cheapest coal stk in the world with top 3 reserves... newbieliu      ( Date: 05-Jan-2017 15:30) Posted: Road show for ? I bought 40 lots so far cowabunga      ( Date: 05-Jan-2017 14:54) Posted: On the way  upwards again
Useful To Me  Not Useful To Me
newbieliu Elite	05-Jan-2017 15:30        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Road show for ? I bought 40 lots so far cowabunga      ( Date: 05-Jan-2017 14:54) Posted: On the way  upwards again
Useful To Me  Not Useful To Me
cowabunga Veteran	05-Jan-2017 14:54        cowabunga About Contact  Quote this Post!
x 0   x 0  Alert Admin	On the way  upwards again
Useful To Me  Not Useful To Me
Msport Elite	04-Jan-2017 09:17        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	heard they doing roadshow next week...
Useful To Me  Not Useful To Me
Msport Elite	30-Dec-2016 13:33        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	time to buy?
Useful To Me  Not Useful To Me
TechnicalTrader Master	23-Dec-2016 09:29        TechnicalTrader About Contact  Quote this Post! Style: Technical   Mood: Yells: "Traders perform TA using TI. Success rely on Technique used"
x 0   x 0  Alert Admin	Last week already in, this week already out. Chart has turned bearish. I guess can take your time. newbieliu      ( Date: 23-Dec-2016 09:24) Posted: only few of us support not enough lae.... it is mid term investment cowabunga      ( Date: 23-Dec-2016 09:21) Posted: No $1 No Sell
Useful To Me  Not Useful To Me
cowabunga Veteran	23-Dec-2016 09:28        cowabunga About Contact  Quote this Post!
x 0   x 0  Alert Admin	No worries, I can wait patiently  newbieliu      ( Date: 23-Dec-2016 09:24) Posted: only few of us support not enough lae.... it is mid term investment cowabunga      ( Date: 23-Dec-2016 09:21) Posted: No $1 No Sell
Useful To Me  Not Useful To Me
newbieliu Elite	23-Dec-2016 09:24        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	only few of us support not enough lae.... it is mid term investment cowabunga      ( Date: 23-Dec-2016 09:21) Posted: No $1 No Sell
Useful To Me  Not Useful To Me

                                                         First   < Newer   4281-4300 of 4305   Older>   Last