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Geo Energy Res
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To Revalue Geo
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CheeryVGoh
Supreme |
10-Nov-2022 17:12
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Bro Yoga, Tmr or soon 0.39 or 0.4+ ya ! Cheers !  
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yoga123
Master |
10-Nov-2022 16:57
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Decided to join in to buy at 0.375 today. Cheers to all supporters!  👍
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CheeryVGoh
Supreme |
10-Nov-2022 16:22
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I bgt some at 0.375 too.. Waiting for rebound.
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ahberngh
Master |
10-Nov-2022 15:14
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I think many contras and short termers bought in large quantities in the last few days in anticipation of a quick score with the expected good results. Once the disappointing results came out, they have to dump quickly to limit their losses. This could explain the large sell down today. |
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pursuer76
Senior |
10-Nov-2022 14:18
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I reckon it dropped 2 cents from yesterday' s closing price is attributed to the $0.01 dividend since majority expect to be higher. | ||||
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JAD_Trader
Senior |
10-Nov-2022 14:09
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Dropped 3c, dividend only 1c for those who bought recently. Another feat by SGX stock. | ||||
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FOREVERFREEDOM
Senior |
10-Nov-2022 13:08
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today volume so big, retailers dump so much
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kwwongm
Veteran |
10-Nov-2022 12:54
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Now only 10% yield (price per share 40 cents) as div per qtr only...1 cents.. 😰 😰 . Maybe new CEO does not intend to give moving forwards...urr
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ozone2002
Supreme |
10-Nov-2022 11:35
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Outer space maybe 🛸  
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ahberngh
Master |
10-Nov-2022 11:34
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And I must add, dividend yield about 20%.
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ahberngh
Master |
10-Nov-2022 11:33
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Frankly speaking, I can' t find any stock in SGX (my search not exhaustive, maybe someone can enlighten me otherwise) with the fundamentals of Geo. Two years annual net profit over US$100M (and looks likely to continue for the next 2-3 years), more than US$200M in the bank,  no debt, PE less  than 2, share price less than 40c. Pardon my ignorance but where to find in SGX?
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fruitfulness
Senior |
10-Nov-2022 11:22
Yells: "May the Lord God establish the works of my hands!" |
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With Golden Energy taken out, many BBs will divert their funds and play into Geo. There are not many stocks in SGX worthwhile to play/trade. Geo should do well in the coming weeks and months!!!  I am very hopeful to see share price rise to 50c in the near future!
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ozone2002
Supreme |
10-Nov-2022 10:57
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If Geo didn' t pay dividends, it' s share price could be now worth as much as Golden if not more  
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zillion
Master |
10-Nov-2022 10:55
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By your analysis that cash will be kept for other ways of expansion, next few results do expect dividends of like 1 ct. | ||||
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kafunko76
Member |
10-Nov-2022 10:52
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Interim dividends of 1 cent Geo Energy Resources' s 3QFY2022 earnings down 21% y-o-y, declares interim dividend (theedgesingapore.com) |
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ahberngh
Master |
10-Nov-2022 09:33
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tccroy
Master |
10-Nov-2022 09:26
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Don't worry bro, it could be making use of BB to sell and acquire lower to bring to their higher holdings to buyout. Let's stay resilience
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Slowturtle
Senior |
10-Nov-2022 09:25
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Queued at 37c. No hurry if cannot get. | ||||
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tccroy
Master |
10-Nov-2022 09:24
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Scenario with Golden is very much different. Geo pay dividends but not Golden. Of you compare 9m22 against 9m21 their profit improve a lot. Just exercise patient till Q4 results
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ahberngh
Master |
10-Nov-2022 09:24
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Initially kneejerk reaction to lower than expected profit, also shortists taking advantage. But Geo value will bring back price to 40 and above in no time. My opinion only. |
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