Latest Forum Topics / Geo Energy Res Last:0.285 -- |
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To Revalue Geo
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FrancisLim
Elite |
04-Oct-2023 21:16
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The decrease in Cash balance can be seen from the Cash flow statement.    The main highlights are: 1st half 2023 - profit was only a third of 1st half 2022. Cash flow from Operations before movements in Working Capital:    49 million                  (2022 1st half:    161 million) Cash flow Operations (after working capital changes)                          9.6 million                (2022 1st half      124 million) Income tax paid                                                                                  37.7 million                (2022 1st half    55 million) Investing (property,  plant, equipment  purchased)                              7 million Dividends paid                                                                                    47 million                    (2022 1st half:  71million) Decrease in Cash  Balance                                                                  83 million   |
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yoga123
Master |
04-Oct-2023 20:57
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Yeah Bro, it happens sometimes when the closing price does not match according to our desired price.  Nevertheless, as long as one is not contra, it should be ok if can hold as the long term potential will be rewarding.
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tccroy
Master |
04-Oct-2023 17:58
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Geo has good potential. I decided to add on at 28 after waiting to buy at 27 but price stayed on at 28 the lowest for so long. But by the way I gave up and wait at 5pm placing order at 28.5 hoping sellers at 28 will throw to me. But it never happen at all.
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yoga123
Master |
04-Oct-2023 17:40
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I see.  Looks like buyers are more willing to buy Geo now due to its vast potential.  👍
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tccroy
Master |
04-Oct-2023 17:19
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I withdrew from the buying queue at 28 but loaded at 28.5 at 5pm. The trick did not work. I placed order at 5pm at 28.5 but buyers overwhelmed and bought at 28.5
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yoga123
Master |
04-Oct-2023 17:15
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Bro, I guess you managed to buy at 28 cents.  👍
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ahberngh
Master |
04-Oct-2023 15:27
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Today whole market very weak, I think courtesy of US. | ||||
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lailai
Elite |
04-Oct-2023 15:00
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div Q3 otw, result will be out in 5 wks (las yr was on 9 nov), gas likely 1 cent div. after that, Q4 div, as usual the biggest as kei remembers. good ting about geo is qtr after qtr got div. not surprise shorties cont supp price for their bbs bosses to collec. at this lelong price, jus follo bbs for good angpao qtr after qtr, cannot go wrong wan. with recent coal acq and jv with ev plans, thanks to chairman/ceo Charles Melati futureistic vision, huge potential of profitablity assured for many years, cos these products will cont to be in great demand. jus opnn, but no contras for peanuts pls.
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tccroy
Master |
04-Oct-2023 12:16
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Yes , I did that too. But I'm doing it just to try my luck in case the price make a U turn after I bought it.
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yoga123
Master |
04-Oct-2023 12:10
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Just a casual suggestion for you Bro, if I am buying at 28 cents, I will submit buy order at 28.5 cents between 5pm - 5.03pm, and hope that it gets filled at 28 cents instead.  Sometimes that happens during the auto matching of orders at market close.
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tccroy
Master |
04-Oct-2023 12:04
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Very strong support at 28.5. BB trying hard to sell at 28 at 100 shares for each selling transaction because they are waiting at 28 cents. I'm also queuing at 28 too, hoping to load some more. I will be very happy if I can manage to get at 28 cents | ||||
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kei3006
Member |
04-Oct-2023 11:20
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You seemed to have forgotten the 4cents final dividend.
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tccroy
Master |
04-Oct-2023 10:42
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Yes, dividends is after tax but when payment of dividends were made , Geo still need to pay from their bank account.
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ahberngh
Master |
04-Oct-2023 10:35
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Dividends for Q1 and Q2 0.5c each only. Are those not covered by the profits?
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tccroy
Master |
04-Oct-2023 10:32
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Part of it goes to the payment of dividends
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ahberngh
Master |
04-Oct-2023 10:19
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One thing which puzzles me is that in this report Nextinsight mentions that Geo' s cash hoard is US$150M. At around the beginning of the year, Geo had a cash hoard of about US$214M. What did they spend the difference on?
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kei3006
Member |
04-Oct-2023 10:04
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M42 still at $64, no movement. China market still close this week due to festive, next week can see firework😄 | ||||
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tccroy
Master |
04-Oct-2023 09:58
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You are correct. SGX reacts when DJ down sharply but when DJ up sharply SGX may react opposite. That's why SGX is lousy. 船 头 怕 贼 , 船 尾 怕 鬼 , 船 中 间 怕 人 多
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FrancisLim
Elite |
04-Oct-2023 09:53
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Good support | ||||
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tccroy
Master |
04-Oct-2023 09:33
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I understand what you mean but others may not.
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