Latest Forum Topics / Geo Energy Res Last:0.32 -- |
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To Revalue Geo
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yoga123
Master |
03-Feb-2023 14:02
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On the other hand,  BBs will start to push up to 0.60 from now onwards, based on past chart movement trends.  Have to get ready to sell when it reaches above 50 cents.  Cheers to all supporters.  👍
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TraderBen
Supreme |
03-Feb-2023 13:52
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i believe this counter will have more downside when the company announces the FY2022 results.. dividends is gonna be peanuts.. those shorts are likyl big guns who alrdy have info DYODD
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yoga123
Master |
03-Feb-2023 12:16
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That is why need lots of patience and time when investing in SGX counters.  No point panicking and cutting loss to satisfy the objectives of  shortists.
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pursuer76
Senior |
03-Feb-2023 11:55
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This is how they make $. Shortsell then frantic holders will start to sell too then they buy back at lower price. SGX is like that. Plunge very fast, rise very slow. If you want fast $, go for the earlier that is shortsell loh.
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Ayamas
Member |
03-Feb-2023 11:50
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https://sginvestors.io/sgx/stock/re4-geo-energy-res/share-price-history The short selling is crazy...everyday short selling as if rubbish counter. Something they know but we don' t? 
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pursuer76
Senior |
03-Feb-2023 10:34
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Not possible since these are shortsells. Either they are pressing to buy cheap, or they see Geo' s value is lower than 0.32. The latter is not quite possible since we know they are cash-rich.
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yoga123
Master |
02-Feb-2023 22:59
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Alternatively, I think it could be BBs unloading their holdings in Geo just to buy other counters, as part of their portfolio adjustments from time to time. When commodity counters start to move up one after the other, that could just mean that BBs are starting to buy and push them up again.
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JAD_Trader
Senior |
02-Feb-2023 22:21
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Dont understand how the game shortists are playing. | ||||
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Catrade
Veteran |
02-Feb-2023 19:13
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The shortists r playing big today, spent abt $2.1m, shorting 6.45m shares at 32.1c per share. I wonder whether it' s a desperado act to recover all their losses since Geo executed their share buyback?  | ||||
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kwwongm
Veteran |
02-Feb-2023 16:41
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Now shortist left with 350k.....😂 😂 ..
Tomorrow buy back to cover???? Hmmmm
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ozone2002
Supreme |
02-Feb-2023 16:29
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0.32      ![]() who' s the big whale that got it at 32.5c 5.48 million shares wow😁 😁 😁 😁 😁 😁 😁 😁 |
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kwwongm
Veteran |
02-Feb-2023 16:11
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Undertake 300k since price is so tempting...😊 😊 . From now till announcement, let see how it progress. | ||||
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yoga123
Master |
02-Feb-2023 14:36
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Relax bro.  No point speculating on what is the cause, it could just be due to BBs selling their holdings to buy other stocks.
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yoga123
Master |
02-Feb-2023 14:25
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I believe it is share buyback triggered by Geo to buy 5.5m of shares at 0.325
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tccroy
Veteran |
02-Feb-2023 14:09
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Maybe another ban again for one month due to domestic market
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newbie2019
Member |
02-Feb-2023 13:42
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I would expect SBB to be from the open market.
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wehuattogether88
Supreme |
02-Feb-2023 13:04
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Depending on Geo mgt, share buy back will come anytime, might buy back strongly if they think the selling is too much and overdone. | ||||
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pursuer76
Senior |
02-Feb-2023 12:56
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Is it possible when it was trading at 0.315 to 0.32 and yet got buyers willing to buy 5.5m shares at 0.325?
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TraderBen
Supreme |
02-Feb-2023 12:21
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could be SSH unloading also.. 
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newbie2019
Member |
02-Feb-2023 11:45
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Let' s see later if company release any info about this off-market deal.
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