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PhillipCapital' s Chew maintains Geo Energy at ' buy' and 75 cents
Coal miner Geo Energy Resource' s 1QFY2026 earnings were below the expectations of Paul Chew of PhillipCapital, due to a decline in production volume in one of the mines nearing the end of its mine life.
Having said so, the company will be boosting production in other mines, specifically, TRA, as new completed infrastructure will be better positioned to support the increase in production. From just 2.5 million tonnes in FY2025, Chew expects volume to reach 6 million tonnes this year.
In his June 2 note, Chew notes that the Indonesian commodities sector has been under pressure since the Indonesian government&rsquo s proposed centralisation of commodity export controls.
However, thus far, there are no details on implementation, but centralisation or supervision could lead to incremental fees and tighter currency controls, points out Chew.
Even so, Chew is keeping his " buy" call on the stock and target price of 75 cents.
He is keeping his forecast that the company will produce a total of between 11.5 million and 12.5 million metric tonnes for this year, versus 12.5 million metric tonnes in FY2025.
At the same time, coal prices have also increased over FY2025 levels, with 2QFY2026 prices at between 30 to 40% higher y-o-y.
Of equal significance is the completion of a 92-km road connecting the mines with a jetty which will not only help Geo Energy be more efficient moving coal for export, the road can also be leased to other miners.
" The trifecta boost in earnings from the higher coal prices, jump in coal production, and infrastructure income is on track," he says.
Geo Energy Resources shares as at 11.24 am changed hands at 47 cents, down 1.06% for the day.
Hopefully tmr rebound to 50cents 😁
ozone2002 ( Date: 03-Jun-2026 11:57) Posted:
Congratulate u in advance
buy cheaper than placement 52.5c
buy cheaper than billion dollar valuation
piscesmonkey ( Date: 03-Jun-2026 11:50) Posted:
| Bought another 100lots at 456 wait for rebound 😁 |
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Congratulate u in advance
buy cheaper than placement 52.5c
buy cheaper than billion dollar valuation
piscesmonkey ( Date: 03-Jun-2026 11:50) Posted:
Bought another 100lots at 456 wait for rebound 😁
ozone2002 ( Date: 03-Jun-2026 10:36) Posted:
Last:0.46  +0.005
rightfully Geo should be trading at similar digits as m42
if m42 is $65 then Geo should be 65c (that' s another 19c upside)
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Bought another 100lots at 456 wait for rebound 😁
ozone2002 ( Date: 03-Jun-2026 10:36) Posted:
Last:0.46 +0.005
rightfully Geo should be trading at similar digits as m42
if m42 is $65 then Geo should be 65c (that' s another 19c upside)
piscesmonkey ( Date: 03-Jun-2026 09:19) Posted:
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Last:0.46 +0.005
rightfully Geo should be trading at similar digits as m42
if m42 is $65 then Geo should be 65c (that' s another 19c upside)
piscesmonkey ( Date: 03-Jun-2026 09:19) Posted:
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need to clear 0.475 first ...
ozone2002 ( Date: 03-Jun-2026 09:56) Posted:
Buy low sell high n repeat
JurongW ( Date: 02-Jun-2026 19:10) Posted:
Only a deep wallet can keep scooping every dip
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Buy low sell high n repeat
JurongW ( Date: 02-Jun-2026 19:10) Posted:
Only a deep wallet can keep scooping every dip
ozone2002 ( Date: 02-Jun-2026 19:05) Posted:
Last:0.455  -0.015
on sale must buy more
and buy cheaper than the placement investors at 52.5c
wait there for it to become billion dollar company again
rinse and repeat |
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Read the full article la.
Not just the headline.
https://jakartaglobe.id/business/palm-oil-exports-soar-doubledigits-as-new-trade-system-begins
There is nothing wrong with the system enforce by the Indonesian government. The next report on export soar will be coal...
think, chair melati should activate sbb mandate. he has said many times share undervalued even when it was 60c or so.,now drop from 67.5 to 45.5c, ard one third.
what for talkand talk, but no action. cannot depend on shhdrs who got shallow pockets to challenge shorties. konsi, with so many financial backings, even resinvest 1.5usbil$ in completed hiway.
think something fishy going, that konsi and resinvest don' t buy from the lelong mkt, maybe low ball takeover behind the scene.
just opnn.
tccroy ( Date: 02-Jun-2026 17:12) Posted:
Because of contra players closing position. That's why I discourage playing contra if they are not prepared to pay up.
PQTPQK ( Date: 02-Jun-2026 16:50) Posted:
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Last:0.455 -0.015
on sale must buy more
and buy cheaper than the placement investors at 52.5c
wait there for it to become billion dollar company again
rinse and repeatozone2002 ( Date: 29-May-2026 09:16) Posted:
Last:0.46 +0.015
geo always underperforms like a pump and dump stock
ozone2002 ( Date: 11-May-2026 09:10) Posted:
Last:0.65 +0.04
Huge jump today
will euphoria wane off like it' s past performance? |
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To stop the downtrend, share price need to move about 200 EMA at ~47
Because of contra players closing position. That's why I discourage playing contra if they are not prepared to pay up.
PQTPQK ( Date: 02-Jun-2026 16:50) Posted:
still weak today .....
piscesmonkey ( Date: 02-Jun-2026 16:23) Posted:
| First resource alr3ady reboun |
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445/450 very strong support. So maybe start rebound soon
PQTPQK ( Date: 02-Jun-2026 16:50) Posted:
still weak today .....
piscesmonkey ( Date: 02-Jun-2026 16:23) Posted:
| First resource alr3ady reboun |
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still weak today .....
piscesmonkey ( Date: 02-Jun-2026 16:23) Posted:
First resource alr3ady rebound
piscesmonkey ( Date: 02-Jun-2026 16:16) Posted:
| Long time no play this. Bought some at 460 |
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the minister says gain quite significantly, quote:
" For companies, profitability could increase quite significantly. So, this is actually positive news for the market," Purbaya said.tccroy ( Date: 02-Jun-2026 15:58) Posted:
https://en.antaranews.com/news/417477/indonesia-sees-investor-gains-from-danantara-export-plan
Indonesia see investors will gain from this export plan |
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First resource alr3ady rebound
piscesmonkey ( Date: 02-Jun-2026 16:16) Posted:
| Long time no play this. Bought some at 460 |
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