Latest Forum Topics /
Geo Energy Res
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Blumont the dark horse?
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alanchee
Senior |
28-Aug-2025 11:25
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So true, haha
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alanchee
Senior |
28-Aug-2025 11:23
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Which is why I don't attend agm/egm. If I am still the SH by then, will just attend see what they and others say. If ResInvest vote for, then I think v v high chance reso will pass. Then I will just sell whatever balance I have if its during trading hours. Now can hold cos bought cheap, may just sell, no hurry see how
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Login20
Master |
28-Aug-2025 11:13
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Besides of expensive acquisition, how old is the vessels no body know | ||||
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finjungle
Veteran |
28-Aug-2025 11:04
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Mr Memati and his gang ( including his brothers and brosthers in law) must share the loot through these bad acquisitions. Yes the market has spoken but would they blink and care? Even when the dogs bark the caravan moves on.
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lailai
Elite |
28-Aug-2025 11:01
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out of total trade 18.2m sh done so far, 17.6mil done at 35.5/36.0, ie almost 97%. think bs are collecting them and now beginning to push up at 36.0/36.5. who knows, he may push 38-42c within the next few days or weeks.
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Trainner
Master |
28-Aug-2025 10:46
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Yes, the market has spoken......... we shall see.....
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ozone2002
Supreme |
28-Aug-2025 10:43
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Last:0.36        -0.02market not in favour on purchasing the 2 shipping companies
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ahberngh
Elite |
28-Aug-2025 10:21
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Yes, agree. Retailers should buck up, not be run over all the time. I will try to attend, if cannot will vote against by proxy.
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alanchee
Senior |
28-Aug-2025 10:18
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If its a bad deal and you are not happy with it, then I think all should attend or vote by proxy. Else it will pass without sufficient No votes and no more U turn liao
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tccroy
Elite |
28-Aug-2025 10:13
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Actually this morning drop was over done. It could be a blessing in disguise all us to enter cheap. May rebound and close at yesterday's price | ||||
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alanchee
Senior |
28-Aug-2025 10:12
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Issue is why buy at such a ridiculous high price ? No other such Co in the market or they are also selling at these sky high prices? Board/Mgmt didnt do due diligence? Dare not object as Melati is the chair? Hope someone raise these or any other concerns to sias or sgx. I have also reduced my holdings to half and may sell the rest if price rebound a bit. Will attend egm if I am the shareholder by then
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thinkpad
Member |
28-Aug-2025 10:08
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Geo has been carefully forming strategic partners, offtake agreement and meticulously making good financial prudence in payment terms with china infrastructure building.
Only to overpay this not so critical vertical integration deal? |
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stockwatch8877
Senior |
28-Aug-2025 10:02
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Look at the share price, it drops again. History had shown the price cannot move up but goes down instead. God news cannot win the price. Shorties must make more profit and shareholders cannot win and lost profit.
Alamak.
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piscesmonkey
Supreme |
28-Aug-2025 09:58
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Big drop for NTA | ||||
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flewid
Member |
28-Aug-2025 09:48
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Putting on my conspiracy hat, 2 possible positive scenarios to counter the negative figures are: 1. Major shareholders confident that Geo is going to do very well from 2026, but are unable or unwilling to fork out resources to buy more Geo shares. Instead, they are using this backdoor reward system, increasing holdings in Geo without needing to pay much, if any. So, it' s like rewarding themselves with employee share options.. haha.. 2. Possible deals between the new companies and Geo not announced yet that are earnings positive for Geo. This will help explain the overpayment. In any case, I prefer to err on the side of caution and have reduced my holdings. After all, the above scenarios are my own pure speculations.. haha.. |
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tccroy
Elite |
28-Aug-2025 09:37
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Still someone has to attend.
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HVRRVH
Elite |
28-Aug-2025 09:31
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Don' t have to put it this way lah. Mine is of course among the 3.6m. I do have much bigger holding in other share but I would never proclaim to be a big player or anything. I share my understanding of information and act upon them and it is up to individuals to decide their own actions. I think that' s how a forum should work. 
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karuna18
Member |
28-Aug-2025 09:27
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terrible investment to favourthe self interest of some | ||||
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ahberngh
Elite |
28-Aug-2025 09:25
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Thanks for advice, will consider it.
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tccroy
Elite |
28-Aug-2025 09:24
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I don't think I can get it at 35. Bought some at 35.5 ,hopefully the acquisition is rejected during the EGM
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