| Latest Forum Topics / Geo Energy Res Last:0.435 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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ozone2002
Supreme |
16-Jun-2023 17:01
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M42 dropped to 51.5 😂 but Geo price rally 😅
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TraderBen
Supreme |
16-Jun-2023 15:56
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yes this evening u will see in SGX website
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FOREVERFREEDOM
Veteran |
16-Jun-2023 14:51
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Hope company can push towards 0.3 above pls
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JAD_Trader
Veteran |
16-Jun-2023 14:32
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Anyone continue to average down? | ||||
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JAD_Trader
Veteran |
16-Jun-2023 14:31
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Though SBB will be announcement in SGX website. Not suka suka anyhow?
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TraderBen
Supreme |
16-Jun-2023 14:28
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yea.. kill the shorts!! today likely got SBB.. | ||||
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Catrade
Master |
16-Jun-2023 14:26
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At this rate of rise with huge vol, very likely shortists r being cornered! If the company continues with big buyback, some BB will also take the opportunity to push higher for profit sake? then all shortists will definitely hv to cover fast. | ||||
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PQTPQK
Supreme |
16-Jun-2023 10:35
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oversold ...
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Ayamas
Senior |
16-Jun-2023 10:26
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Shorties need to cover their positions and take profit eventually. Hope they won' t continue to short after that. But limited downside due to cash value already reached. 
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ozone2002
Supreme |
16-Jun-2023 10:18
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0.225        +0.005up to 23c high vol done is there share buyback? usually is non stop short all the way down |
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Ayamas
Senior |
15-Jun-2023 19:25
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No SBB again today.  | ||||
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ahberngh
Elite |
15-Jun-2023 13:22
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Agree, maybe continuing expansion into coal business may not be a wise move. Management should think carefully about where, how and when to deploy  the cash hoard. This cash hoard could be a one off windfall due to luck, arising mainly from the Ukraine war. May never come again. If Geo is not careful, it may be in the same situation as Medtecs (again luck arising from the pandemic), rising to the heights then collapsing to the depths again, as Medtec is now. So, I really think Geo must think carefully of how to use the cash, and not rush into things. Just my opinion, I may be wrong.  
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FOREVERFREEDOM
Veteran |
15-Jun-2023 13:01
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Yup, since it is sunset industry, it shd invest in other business, not expanding coal business.
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ahberngh
Elite |
15-Jun-2023 12:00
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If share price drop is due to drastic drop in M42 (ICI4) coal price, I think major shareholder is not likely to do a takeover. Why take the risk of holding the baby when the outlook is no longer so good, keeping in mind that coal is a sunset industry. In this case, I think all sharehiolders, both major and minor, are on the same page, hoping that coal price will rise again.   |
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yoga123
Elite |
15-Jun-2023 11:42
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Just dreaming for me, can only do that for now.
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yoga123
Elite |
15-Jun-2023 11:40
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Yeah Bro, I guess if takeover by another company maybe will secure higher delisting price.  Just guessing.  🙏
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yoga123
Elite |
15-Jun-2023 11:36
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Haha.. If you are also still holding Geo at a loss like myself, you will also hope or dream for something positive too.  😊
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Ayamas
Senior |
15-Jun-2023 09:49
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https://www.sgx.com/derivatives/products/thermal-coal?cc=M42F | ||||
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PQTPQK
Supreme |
15-Jun-2023 09:45
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what is M42?
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Ayamas
Senior |
15-Jun-2023 09:15
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M42 recovered from 52 to 54. Hopefully will keep recovering.  | ||||
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