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7781-7800 of 8065
Buy for long term. Not buy for contra. You cannot make money from contra for this stock
BBs modus operandi is sell on news
hence price went down
offload to retailers who read the news n buy
Beware of shortist.
BBs don?t like shortist.
Hopefully, Geo can move on and UP.
wat a shortie joke. obvious such good news worth mo than zeelo or 1 bid.
but watever said, shortie still in command. that' s y no contra pls.
ozone2002 ( Date: 27-Dec-2023 09:50) Posted:
Last:0.35  +0.01
another 3 more Cents to target price
ozone2002 ( Date: 26-Dec-2023 15:37) Posted:
Last:0.34 +0.005
Recovered to 34c
Morning could be stop hunt by BBs to shake the stop losses and collect more cheaply
cup n handle target of 38-39c on track
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Yesterday sell off to 32 cents. I got some at 32.5.
lailai ( Date: 27-Dec-2023 09:54) Posted:
currently bbs obviously collectin at 34.5 from weak holders, that' s y put such a huge obscene 6.7mi block at 35.0. |
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still a gd safety margin of 10% to NAV
Key Statistics
| EPS (SGD) a |
0.15624 |
Trailing EPS (SGD) b |
0.07774 |
NAV (SGD) c |
0.3753 |
| PE a |
2.240 |
Trailing PE d |
4.502 |
Price / NAV c |
0.9326 |
| Dividend Yield (%) e |
25.905 |
Cash In Hand (SGD) f |
0.1455 |
Issued & Paid-up Shares g |
1,390,440,813 |
| Piotroski F Score |
6 |
Market Cap (M) |
486.654 |
Free Float (%) |
42.6 |
| Return on Equity (ROE) (%) h |
20.712 |
Revenue Growth (%) TTM i |
-26.351 |
| Net Earnings Growth (%) j |
-66.449 |
Net Debt/Equity k |
Net Cash |
currently bbs obviously collectin at 34.5 from weak holders, that' s y put such a huge obscene 6.7mi block at 35.0.
Last:0.35 +0.01
another 3 more Cents to target priceozone2002 ( Date: 26-Dec-2023 15:37) Posted:
Last:0.34 +0.005
Recovered to 34c
Morning could be stop hunt by BBs to shake the stop losses and collect more cheaply
cup n handle target of 38-39c on track
ozone2002 ( Date: 26-Dec-2023 10:55) Posted:
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ya man
TraderBen ( Date: 27-Dec-2023 09:29) Posted:
| We r now not even half the 1b target the CEO set.. looking forward to sell at 70 cents in the near future.. |
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We r now not even half the 1b target the CEO set.. looking forward to sell at 70 cents in the near future..
shiok , 35 and gaining momemtum
What is the profit margin for each tonnes of coal exported?
wehuattogether88 ( Date: 26-Dec-2023 20:20) Posted:
GEO ENERGY SUCCESSFULLY COMPLETES THE FIRST EXPORT SHIPMENT OF COAL FROM TRA COAL MINE AT PREMIUM PRICE
The Board of Directors (the ?Board?) of Geo Energy Resources Limited (the ?Company? or ?Geo Energy?, and together with its subsidiaries, the ?Group?) is pleased to announce the completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (?TRA?), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (?Trafigura?) on
23 December 2023.
TRA is a subsidiary of PT Golden Eagle Energy Tbk (listed on the Indonesian Stock Exchange) which 58.65% of its issued shares was acquired by the Group on 18 October 2023. As announced previously, TRA has been valued at almost USD1 billion with 2P reserves of 275 million tonnes (as of 31 May 2023) of low sulfur and low ash coal.
This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal.
The coal shipment averaged a gross calorific value (as received) of 4,100GAR, 5% ash and 0.3% sulfur. TRA coal is one of the cleanest coals available in the thermal coal market. The vessel successfully completed loading ahead of time, outperforming the typical loading times required in the Sumatra region.
The Group is currently in discussions with a few potential off-takers to secure a life-of- mine offtake for the TRA coal. This will provide more stability to our sales strategy and bring in an international world class commodity group as a long-term partner. The Group will make an announcement on this in due course.
Commenting on this milestone for the Group, Mr Charles Antonny Melati, Executive Chairman & Chief Executive Officer of Geo Energy said:
?Trafigura, the Group?s life of mine coal off-taker for our SDJ mine, purchased our first coal export shipment from Triaryani at a premium to market. The premium price for our coal is a testament to the Group?s investment strategy in aligning with the market demand.
In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future.
We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.? |
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first export coal sales of jus 55k tons from Triaryani alrdy worth S$4.2mil.
konsi ramping up integrat superstruct in near futre, it' s 25mil ton pa worth in region of ard S$1.9 bil.
say at 30% net marg, net prof ard S$570mil. eps is huge - ard 41cps.
wow mind boggling, current underval price 34c balu!
(above based on quic cal, u may wan to check for maj inaccuracy.)
Hope it goes back to 40 cents and above
and not forgeting its ev ambition...
GEO ENERGY SUCCESSFULLY COMPLETES THE FIRST EXPORT SHIPMENT OF COAL FROM TRA COAL MINE AT PREMIUM PRICE
The Board of Directors (the ?Board?) of Geo Energy Resources Limited (the ?Company? or ?Geo Energy?, and together with its subsidiaries, the ?Group?) is pleased to announce the completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (?TRA?), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (?Trafigura?) on
23 December 2023.
TRA is a subsidiary of PT Golden Eagle Energy Tbk (listed on the Indonesian Stock Exchange) which 58.65% of its issued shares was acquired by the Group on 18 October 2023. As announced previously, TRA has been valued at almost USD1 billion with 2P reserves of 275 million tonnes (as of 31 May 2023) of low sulfur and low ash coal.
This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal.
The coal shipment averaged a gross calorific value (as received) of 4,100GAR, 5% ash and 0.3% sulfur. TRA coal is one of the cleanest coals available in the thermal coal market. The vessel successfully completed loading ahead of time, outperforming the typical loading times required in the Sumatra region.
The Group is currently in discussions with a few potential off-takers to secure a life-of- mine offtake for the TRA coal. This will provide more stability to our sales strategy and bring in an international world class commodity group as a long-term partner. The Group will make an announcement on this in due course.
Commenting on this milestone for the Group, Mr Charles Antonny Melati, Executive Chairman & Chief Executive Officer of Geo Energy said:
?Trafigura, the Group?s life of mine coal off-taker for our SDJ mine, purchased our first coal export shipment from Triaryani at a premium to market. The premium price for our coal is a testament to the Group?s investment strategy in aligning with the market demand.
In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future.
We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.?
the acquisition is through bank loans and internal resources i.e. no share dilution meaning every net cash dollar in goes to dividends
savinma ( Date: 26-Dec-2023 17:53) Posted:
Charles seems very optimistic, hope he can steer Geo as good as Tung did.
Time flies, its been almost one year since Tung retired.
completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (&lsquo TRA&rdquo ), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (&ldquo Trafigura&rdquo ) on 23 December 2023.
This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal.
In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.&rdquo |
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superb news!!!
ozone2002 ( Date: 26-Dec-2023 19:00) Posted:
very bullish!
https://www.theedgesingapore.com/amp/news/company-news/geo-energy-announces-first-coal-export-shipment-newly-acquired-pt-triaryani-mine
savinma ( Date: 26-Dec-2023 17:53) Posted:
Charles seems very optimistic, hope he can steer Geo as good as Tung did.
Time flies, its been almost one year since Tung retired.
completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (&lsquo TRA&rdquo ), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (&ldquo Trafigura&rdquo ) on 23 December 2023.
This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal.
In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.&rdquo |
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very bullish!
https://www.theedgesingapore.com/amp/news/company-news/geo-energy-announces-first-coal-export-shipment-newly-acquired-pt-triaryani-minesavinma ( Date: 26-Dec-2023 17:53) Posted:
Charles seems very optimistic, hope he can steer Geo as good as Tung did.
Time flies, its been almost one year since Tung retired.
completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (&lsquo TRA&rdquo ), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (&ldquo Trafigura&rdquo ) on 23 December 2023.
This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal.
In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.&rdquo |
|
Charles seems very optimistic, hope he can steer Geo as good as Tung did.
Time flies, its been almost one year since Tung retired.
completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (&lsquo TRA&rdquo ), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (&ldquo Trafigura&rdquo ) on 23 December 2023.
This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal.
In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.&rdquo
