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Black Gold Industry Discussion

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lailai
    09-Feb-2024 10:20  
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wow, huge sell barrier 6.2mil at 44.0c, like ytd huge blk at 6mil+, but 11 mins b4 pc, got swallowed in one mouthful by bbs, then cont pump another 3 bids up.
hope similar scenario at 11:49am, 1 and haf hrs to go. who knos.smiley

lailai      ( Date: 09-Feb-2024 09:58) Posted:

tink, the usual shortie din don has started at 43.0/43.5.
who knos, shorties may reverse their plan, buy at 43.0, cos got 9.4mil done at 43.0, and 3.5m done at 43.5.
then wait for BBs to pump up in las 10 min, like ytd. 
check price now, suddenly becom 43.5/44.0.
anyway, jus watch show, if dare not buy.smiley

 
 
maccer
    09-Feb-2024 10:19  
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Just buy until it reaches $0.50

wehuattogether88      ( Date: 09-Feb-2024 10:12) Posted:

I think within this 2 years can buy Geo for investment with share price gain and handsome dividends.

 
 
wehuattogether88
    09-Feb-2024 10:12  
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I think within this 2 years can buy Geo for investment with share price gain and handsome dividends.
 

 
ozone2002
    09-Feb-2024 10:07  
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KGI has 2 reports!

KGI Research 
Geo Energy Resources Ltd (GERL SP): Obtained good deals
Entry &ndash 0.41 Target&ndash 0.45 Stop Loss &ndash 0.39


Geo Energy Resource Ltd. (GERL SP)  - Long &ndash Entry 0.42, Target 0.46, Stop 0.40
Shares closed at a 52-week high with a surge in volume.
MACD is positive, RSI is at an &ldquo overbought&rdquo level.
A graph of stock marketDescription automatically generated

ozone2002      ( Date: 09-Feb-2024 09:30) Posted:

Swiss fellas giving free Ang Bao to Geo shareholders for Feb till Jun' 24
 
Among other things, Resource Invest will buy  US$5 million  of Geo Energy&rsquo s treasury shares this month (Feb 2024) at  S$0.45  per share. 

(It will buy another US$5 million tranche of treasury shares in Feb 2025 at  S$0.50  per share).




Furthermore, Resource Invest will purchase Geo Energy shares in the  open market  for an aggregate US$20 million, comprising 
i) US$10 million within the next  4 weeks  or in any event by 31 March 2024, and 
ii) another US$10 million within the next  8 weeks  or in any event by 30 June 2024.

 

 
 
wehuattogether88
    09-Feb-2024 09:58  
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Acquisitions maybe not so soon but possible.
Share price gain will be real.

tccroy      ( Date: 09-Feb-2024 09:41) Posted:

There is a high chance of Geo being target of takeover. In order to reach compulsory acquisition, the selling price may even reach $1.00

wehuattogether88      ( Date: 09-Feb-2024 09:32) Posted:

the Swiss knows that S$0.45 to 0.50 is not a premium price, it will become a discount price to them when they start accumulating and buying UP Geo.
Probably the European Swiss company foresee that Geo price will at least be above their stated purchase price of S$0.50 in their second batch purchased.
I assume S$0.80-0.90 level will be a confortable range for Geo to move. 


 
 
lailai
    09-Feb-2024 09:58  
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tink, the usual shortie din don has started at 43.0/43.5.
who knos, shorties may reverse their plan, buy at 43.0, cos got 9.4mil done at 43.0, and 3.5m done at 43.5.
then wait for BBs to pump up in las 10 min, like ytd. 
check price now, suddenly becom 43.5/44.0.
anyway, jus watch show, if dare not buy.smiley
 

 
piscesmonkey
    09-Feb-2024 09:53  
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Close 45cents today.?
 
 
tccroy
    09-Feb-2024 09:41  
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There is a high chance of Geo being target of takeover. In order to reach compulsory acquisition, the selling price may even reach $1.00

wehuattogether88      ( Date: 09-Feb-2024 09:32) Posted:

the Swiss knows that S$0.45 to 0.50 is not a premium price, it will become a discount price to them when they start accumulating and buying UP Geo.
Probably the European Swiss company foresee that Geo price will at least be above their stated purchase price of S$0.50 in their second batch purchased.
I assume S$0.80-0.90 level will be a confortable range for Geo to move. 

 
 
wehuattogether88
    09-Feb-2024 09:32  
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the Swiss knows that S$0.45 to 0.50 is not a premium price, it will become a discount price to them when they start accumulating and buying UP Geo.
Probably the European Swiss company foresee that Geo price will at least be above their stated purchase price of S$0.50 in their second batch purchased.
I assume S$0.80-0.90 level will be a confortable range for Geo to move. 
 
 
pursuer76
    09-Feb-2024 09:31  
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Since it' s an European investment co, maybe it will attract more European investment co to invest in Geo too? I think Geo mgt also wants to invest now since they know it' s going be much more profitable henceforth.
 

 
ozone2002
    09-Feb-2024 09:30  
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Swiss fellas giving free Ang Bao to Geo shareholders for Feb till Jun' 24
 
Among other things, Resource Invest will buy  US$5 million  of Geo Energy&rsquo s treasury shares this month (Feb 2024) at  S$0.45  per share. 

(It will buy another US$5 million tranche of treasury shares in Feb 2025 at  S$0.50  per share).




Furthermore, Resource Invest will purchase Geo Energy shares in the  open market  for an aggregate US$20 million, comprising 
i) US$10 million within the next  4 weeks  or in any event by 31 March 2024, and 
ii) another US$10 million within the next  8 weeks  or in any event by 30 June 2024.

 
 
 
tccroy
    09-Feb-2024 09:21  
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Those who managed to load this morning are the beneficiaries

positivity88      ( Date: 09-Feb-2024 09:17) Posted:

Wait KGI revise TP upwards because of the deal then everyone start chasing... buy now and go sleep.. cheers

 
 
positivity88
    09-Feb-2024 09:17  
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Wait KGI revise TP upwards because of the deal then everyone start chasing... buy now and go sleep.. cheers
 
 
ozone2002
    09-Feb-2024 09:14  
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Swiss scooping as much shares as they can below 45c
maybe Geo also collecting more 
CNY accumulation, mad rush for Geo stock

ozone2002      ( Date: 08-Feb-2024 17:36) Posted:

Last:0.43        +0.035
wow BBs last min very hungry, super large buy up
if Swiss trader is buying at 45c, isn' t it a steal at below 45c?
they have warrant for 55c exercise price and $1 exercise price
very obvious indication that Geo will surpass $1
dyodd

 
 
Tempest
    09-Feb-2024 09:09  
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Everyday up 1 to 2 pipes, really huat sia. Reach 0.50 the best!

piscesmonkey      ( Date: 09-Feb-2024 07:26) Posted:

Past 50cents soon 😄

pikachu      ( Date: 09-Feb-2024 06:24) Posted:

Wah shiok... past 40 cents liao


 

 
lailai
    09-Feb-2024 08:51  
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u r rt.
jus gassin, ytd shorties sell to swiss bbs at lo price, say at 41.5c durin their usual din don.
bbs pump up to 42.5 ... 43.0, at las 11 min.
shorties desperate, kena cover their shorts, dats y, at pc  huge cover of 1.66mil at 43.0.
tink bbs will keep pumpin to 45c ... 50c soon, as they got openlyy say buyin US$35m at 45c and 50c.
ResInvest, cannot play play with them, cos they r like specialise in investment, challengin shorties in their own din don game.
who knos, tdy they buy from shorties at 43.0, then las 10 min b4 mkt tutup, pump for shorties tocover. will be another good laff.

 

JAD_Trader      ( Date: 08-Feb-2024 19:57) Posted:


Who are selling for BB to buy?
Shortist?

piscesmonkey      ( Date: 08-Feb-2024 17:24) Posted:

Just last 10min before closing. Swiss BBs 1mouth eat up about 6.9m at 420🤑


 
 
piscesmonkey
    09-Feb-2024 07:26  
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Past 50cents soon 😄

pikachu      ( Date: 09-Feb-2024 06:24) Posted:

Wah shiok... past 40 cents liao

 
 
pikachu
    09-Feb-2024 06:24  
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Wah shiok... past 40 cents liao
 
 
yoga123
    08-Feb-2024 20:45  
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Apart from Swiss BB,  Geo management could also do share buyback to join in the uptrend push.  🙏

tccroy      ( Date: 08-Feb-2024 20:15) Posted:

I hope sellers will be lesser tmr so that the push up can reach 47 if Swiss BB were to push

 
 
tccroy
    08-Feb-2024 20:15  
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I hope sellers will be lesser tmr so that the push up can reach 47 if Swiss BB were to push
 
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