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THOSE WHO ARE IN STANDBY TO RUN AROUND 12c... TOO OVERBOUGHT .. RISK TOO HIGH
VERY FIERCE !!! LOOK OUT FOR BIG BROTHER SEMBCORP INUSTRIES
Huat ah
Casilb ( Date: 02-Jan-2020 11:51) Posted:
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Huat ah 0.111
With the farm out of its O&G business, revenue generated from the sale of oil and gas, 50% of the proceeds will go to GSS Energy until it has fully recovered its sunk cost in the Indonesian project.
Until its entire sunk cost estimated $7-$10 million is recovered, GSS Energy is not obligated to spend another dollar on the O&G project.
After full recovery, GSS Energy has a free carry of 20% which it can dispose of or it can participate in a new programme to monetise the oil field further.
Until its entire sunk cost estimated $7-$10 million is recovered, GSS Energy is not obligated to spend another dollar on the O&G project.
After full recovery, GSS Energy has a free carry of 20% which it can dispose of or it can participate in a new programme to monetise the oil field further.
Sgvale ( Date: 02-Jan-2020 10:18) Posted:
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Accumulation?
Coming??
POWER !
Check out BIG BROTHER OF OIL & GAS + OFFSHORE MARINE = SEMBCORP INDUSTRIES !
Check out BIG BROTHER OF OIL & GAS + OFFSHORE MARINE = SEMBCORP INDUSTRIES !
Break 0.107 already!!
A profitable precision engineering in China, Singapore & Indonesia. Complemented by its oil & gas exploration in Indonesia in the Trembul Operation Area. It is estimated to have approximately 24.3 million stock tank barrels of contingent resources at production/near production stage.
A break through 0.107 would see 0.130 next.
A break through 0.107 would see 0.130 next.
Hmm.....why house left coverage bcos hived off 80% of business which can be bullish on....
tis kongsi should hv other growth driver....?
Lol this guy very pessimistic and a nervous trader
Sgvale ( Date: 31-Dec-2019 11:58) Posted:
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Happy Y2020 & best wishes + huat huat to all
It will very likely post better 4Qtr results soon.
Gss has $5.4 million cash and $5.8 million borrowings. Good candidate for short term play only
Andynkl ( Date: 31-Dec-2019 16:47) Posted:
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GSS ENERGY has monetised it's o & gas sector in Indonesia via farming out. Re-focus on precision engineering ( similar business with UMS) which is profitable. UMS price has increased from 50cts to $1+..Time for this gem to chiong! ""
0.13
Andynkl ( Date: 31-Dec-2019 12:53) Posted:
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What is the 52 week high value?
Casilb ( Date: 31-Dec-2019 12:10) Posted:
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This counter still havent hit 52 weeks high yet
Crude oil at USD $61 . Oil counters still trading like crude oil at USD $40 level. Everything u also run......
Wind22i ( Date: 31-Dec-2019 11:56) Posted:
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