Latest Forum Topics /
Geo Energy Res
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To Revalue Geo
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Everyday
Elite |
17-Sep-2022 10:51
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12m  cannot permanently raise the price only temporary
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wehuattogether88
Supreme |
17-Sep-2022 10:50
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He might want to transfer his shares to another director or hold on to it. You never know.
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ozone2002
Supreme |
17-Sep-2022 10:35
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Will existing CEO enhance shareholder value to dispose his 12m shares stake? win win situation for Mr Tung
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Stanton
Veteran |
17-Sep-2022 09:52
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Dhamma Surya the co founder of Geo is the former CEO of Geo. He together with Antonny Melati the Chairman are instrumental to the success of Geo. I don?t see any concern with the departure of Tung. It will be business as usual. | ||||
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yamseng
Supreme |
17-Sep-2022 09:24
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Good news, after stepping down. he can focus more time to speculate GEO shares !!!
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Everyday
Elite |
17-Sep-2022 09:10
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Fr SPH Busines Times TUNG Kum Hon, the chief executive officer (CEO) of mainboard-listed Indonesian coal producer Geo Energy Resources since 2015, will step down from the top post on Dec 31, the company announced on Friday (Sep 16). The 63-year-old, who holds 12 million ordinary shares in the company, will also relinquish his role as executive director of the company on the same day, it said in a bourse filing. The company is now searching for a new CEO and will make an announcement when the appointment has been made, Geo Energy said. In the bourse filing, the company did not give a reason for Tung&rsquo s retirement it only declared that there are no unresolved differences in opinion on material matters between him and the board of directors. Shares of Geo Energy closed down 1.3 per cent at S$0.38 before the announcement. |
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Steroid
Member |
17-Sep-2022 08:48
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ICI4 $83 | ||||
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kwwongm
Veteran |
16-Sep-2022 22:43
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Why suddenly CEO retired?  This is shocking as profit looks awesome.  Again he did not hold significant shareholding in GEO.. | ||||
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Everyday
Elite |
16-Sep-2022 21:53
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There may be internal disagreement....just recall...Lenny started selling till she become a non SSH. There may be other things. Hopefully by end of this year he could find a good successor or  form a good team to continue his legacy.  
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bystander1965
Supreme |
16-Sep-2022 20:54
Yells: "What I say is just my assessment. DYODD" |
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I find it odd also. But hopefully his lieutenants can hold the fort. But he will be around till end of the year. Near terms as in a couple of Q's I don't think it will affect Geo's business much but I am expecting rumour mongers now 😆 . Who is the visioneer in Geo?
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ahberngh
Elite |
16-Sep-2022 20:52
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Everything going well, conditions favorable for Geo, why suddenly retiring. Still young at 63. Any disagreement with major shareholder? |
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Catrade
Master |
16-Sep-2022 20:46
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What happened, why CEO Tung suddenly retired without a successor?   Yea, it' s sad, I thought he is doing very well.
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Everyday
Elite |
16-Sep-2022 18:54
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Sad....this man is instrumental to the success of Geo.....
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bystander1965
Supreme |
16-Sep-2022 17:41
Yells: "What I say is just my assessment. DYODD" |
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Geo CEO is retiring 31dec2022. No successor yet. Hmmm..... | ||||
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yoga123
Elite |
16-Sep-2022 17:15
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Hope the Shortists and BBs will help push Geo up eventually. Cheers!  😊
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ozone2002
Supreme |
16-Sep-2022 17:11
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More renewable energy means more coal? https://cardinalnews.org/2022/09/16/demand-for-renewable-energy-leads-to-more-coal-mining/
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ozone2002
Supreme |
16-Sep-2022 17:05
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China will need to import more coal & they are the no.1 export destination for Geo unfortunately all bullish news doesn' t seem to affect Geo price one bit https://www.channelnewsasia.com/business/chinas-daily-coal-output-hits-3-month-low-august-rains-covid-curbs-2942846
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tccroy
Elite |
16-Sep-2022 17:03
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Shortists shorted unsuccessfully now covering back their short selling | ||||
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ozone2002
Supreme |
16-Sep-2022 17:03
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Winter is coming, but Geo not moving defies the laws of logic https://asia.nikkei.com/Business/Energy/Indonesian-coal-miners-pump-up-production-eye-European-winter
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Catrade
Master |
16-Sep-2022 17:01
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Coal Is Staging A Major Comeback |
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