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Dark horse oil producer

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RedEye1811
    18-May-2017 14:17  
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With the Wall Street hangover people likely went for the safe-doors first...once knee-jerk reaction on MadDonald being in trouble dies down they likely come back....patience...

morgany      ( Date: 18-May-2017 14:14) Posted:

Where are all the BBs today? I thot they are going to follow-up with yesterday' s gain? Mmmmm....I think those are fake BBs...

morgany      ( Date: 17-May-2017 16:04) Posted:

Yes....I love you BBs! !!!! Hope today closing is 0.165


 
 
morgany
    18-May-2017 14:14  
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Where are all the BBs today? I thot they are going to follow-up with yesterday' s gain? Mmmmm....I think those are fake BBs...

morgany      ( Date: 17-May-2017 16:04) Posted:

Yes....I love you BBs! !!!! Hope today closing is 0.165

 
 
morgany
    17-May-2017 16:04  
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Yes....I love you BBs! !!!! Hope today closing is 0.165
 

 
halleluyah
    17-May-2017 14:53  
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Bb in play....
 
 
morgany
    16-May-2017 16:16  
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Hi Guys, there are too many punters out there shorting all speculative counters.....this is one of it, so for the short term, this might not be a good bet but if the BBs comes in to take out all the shortist, then we will be alright with the up swing...

halleluyah      ( Date: 16-May-2017 15:48) Posted:

add some...

 
 
halleluyah
    16-May-2017 15:48  
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add some...
 

 
Barcalo
    16-May-2017 09:59  
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Gone gone case.
 
 
halleluyah
    16-May-2017 09:03  
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collected some at closing yesterday...
 
 
HVRRVH
    15-May-2017 20:36  
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Wanted to buy at 165 but hold out, seems can test 155-160. Shall wait a few days and see how. 

HVRRVH      ( Date: 14-May-2017 10:24) Posted:

Fund in. 1st batch bought at 15 cents. Waiting to buy 2nd tranche below 17 cents. Hope it's achievable. Preparation work for oil production started already and precision business looking steady too.

HVRRVH      ( Date: 21-Apr-2017 19:00) Posted:

Please don' t go up too fast. I am waiting for fund to purchase 2nd batch. This is my next target stock to accumulate. The finance of the company is sound. EPS of around nearly 3 cents without considering the oil business (non contributing currently anyway). Sharebase is not huge (around 500m shares) with CEO having the lion' s shares (means his actions will be aligned with shareholders' interest). Company has almost no debt and if pe is 10 the share price should be closer to 30 cents! Just be patient and let CEO Sydney do his job. The next catalysts could come from the Indon oil business and spinning off of the precision business and maybe starting of dividend payout. Just sharing some key points of my research. 



 
 
Barcalo
    15-May-2017 20:33  
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Down some more.
Gone case.
 

 
Dunoanyti
    15-May-2017 20:03  
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https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11501-gss-energy-precision-engineering-business-star-shines-brightly-in-1q

huafaster      ( Date: 15-May-2017 15:53) Posted:

So positive news, still sell down? Fund want to collect more?

 
 
Lugi71
    15-May-2017 16:29  
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This one controlled by the BB

Needs to have holding power
 
 
huafaster
    15-May-2017 15:53  
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So positive news, still sell down? Fund want to collect more?
 
 
HVRRVH
    14-May-2017 10:24  
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Fund in. 1st batch bought at 15 cents. Waiting to buy 2nd tranche below 17 cents. Hope it's achievable. Preparation work for oil production started already and precision business looking steady too.

HVRRVH      ( Date: 21-Apr-2017 19:00) Posted:

Please don' t go up too fast. I am waiting for fund to purchase 2nd batch. This is my next target stock to accumulate. The finance of the company is sound. EPS of around nearly 3 cents without considering the oil business (non contributing currently anyway). Sharebase is not huge (around 500m shares) with CEO having the lion' s shares (means his actions will be aligned with shareholders' interest). Company has almost no debt and if pe is 10 the share price should be closer to 30 cents! Just be patient and let CEO Sydney do his job. The next catalysts could come from the Indon oil business and spinning off of the precision business and maybe starting of dividend payout. Just sharing some key points of my research. 

deschan      ( Date: 21-Apr-2017 18:06) Posted:



Looks like it!

 


 
 
Rave7296
    12-May-2017 23:29  
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Commenting on the financial results and positive outlook for the Group, Mr. Sydney Yeung, CEO of GSS Energy, commented, &ldquo We are very pleased with our solid performance in the first quarter of 2017. Our PE business is on a steady growth path driven by our focus of working closely with existing customers for higher-value products, success with new customers and better operational coordination and collaboration amongst our factories in Indonesia, Singapore and China. This is reflected in the 32.9% yoy increase in net profit and our solid balance sheet and strong cash position. Looking forward, we are cautiously optimistic of our Group&rsquo s performance anchored on an established and growing PE business and the advanced stage of our O& G venture under the KSO arrangement with our partners in Central Java. At the same time, our strong financial position would allow us to take on business opportunities in related areas of our business or new ventures as well.&rdquo

Confidence of the CEO is real!!!
 

 
Rave7296
    12-May-2017 19:54  
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Sweet news to be announced when it is bad today

Lugi71      ( Date: 12-May-2017 19:53) Posted:



Sweet spot with PE business at the moment. With CEO continuing to be optimistic about its prospects   and oil revenue soon to be seen, this one looks cheap at current levels.

Choped a seat with a tissue pack here...

 
 
Lugi71
    12-May-2017 19:53  
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Sweet spot with PE business at the moment. With CEO continuing to be optimistic about its prospects   and oil revenue soon to be seen, this one looks cheap at current levels.

Choped a seat with a tissue pack here...
 
 
HVRRVH
    12-May-2017 19:41  
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1Q17 results announced. 55.5% growth in net profit solely from precision business as expected. Oil will come next q or the last 2 Qs. Oil price stable now and seems to have bottomed with OPEC extending cut for longer period. GSS' s anticipated production cost is already more profitable than other producers based on current oil price. Looking good. 

HVRRVH      ( Date: 08-May-2017 10:06) Posted:

Only considering the precision business so far. Oil business no revenue yet and as far as their oil is concerned, the production cost is below usd 20 per barrel. A bit wasted the price move up already from 15 cents range. Thought wanted to buy more but now will stay at side line to see how.

risktaker      ( Date: 08-May-2017 09:07) Posted:



oil is getting crash...becareful.. GSS could be in close to its fair value range... 18-25c


 
 
Barcalo
    12-May-2017 11:38  
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Coming up results no good???!!!
 
 
sg.frank7
    11-May-2017 22:53  
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Really bad..
 
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