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At $65, Mr Chairman expect to profit $30 per tonne. 25MT X 30 = USD750M profit. That is S$1bILLION profit a year. Geo is also open to further acquisition of neighbouring mines. Big HUAT to Geo and shareholders!
Last chance to clear 31... Looking at 345 soon..
M42 closing unchanged meaning no knee jerk reaction to the clean energy transition news. We shall look forward to receiving dividends from improved profits for the next few years.
tccroy ( Date: 11-Oct-2023 21:37) Posted:
Don't think too far. Transition take to 2035, still have more than 10 years. Looking forward for the next few years, Geo's profits are piling up with good and attractive dividends. Who cares about 12 years later?
kei3006 ( Date: 11-Oct-2023 20:53) Posted:
| Sell off by who? Today volume is the lowest in a fortnight. If you have shorted this counter, better buy back fast before you cry😂 😂 😂 😂 😂 😂 |
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Don't think too far. Transition take to 2035, still have more than 10 years. Looking forward for the next few years, Geo's profits are piling up with good and attractive dividends. Who cares about 12 years later?
kei3006 ( Date: 11-Oct-2023 20:53) Posted:
Sell off by who? Today volume is the lowest in a fortnight. If you have shorted this counter, better buy back fast before you cry😂 😂 😂 😂 😂 😂
ozone2002 ( Date: 11-Oct-2023 19:43) Posted:
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Sell off by who? Today volume is the lowest in a fortnight. If you have shorted this counter, better buy back fast before you cry😂 😂 😂 😂 😂 😂
ozone2002 ( Date: 11-Oct-2023 19:43) Posted:
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Temporary losses over the acquisition? Pls check Q1 GEE report. Despite selling 70% to DMO($38?), Golden Eagle still managed to make a profit. Also refer to the AGM Q&A dated 6 Oct, Mr Chairman expect the breakeven cost for Golden Eagle to be $35. Although it will take time for Golden Eagle to reach the intended capacity of 25MT, the operation is still expected to be imcrementally profitable for Geo.
doremifatso ( Date: 11-Oct-2023 18:16) Posted:
| Still holding this stock but we should temper our expectations for the short term. Next quarter might make loss because of low coal prices. Since then coal prices have bounced back. But until the expansion of Golden Eagle is completed, there will be very high capex and maybe temporary losses. But no pain no gain. After Golden Eagle is expanded, there will be very high free cash flow. That EV thing on the other hand... is like a donation. I dont think we should have too high hopes on that. |
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Still holding this stock but we should temper our expectations for the short term. Next quarter might make loss because of low coal prices. Since then coal prices have bounced back. But until the expansion of Golden Eagle is completed, there will be very high capex and maybe temporary losses. But no pain no gain. After Golden Eagle is expanded, there will be very high free cash flow. That EV thing on the other hand... is like a donation. I dont think we should have too high hopes on that.
No wonder European Gas price spiked by 14% yesterday. Gas pipes kenna sabo by who?
https://sg.news.yahoo.com/ukraine-russia-war-latest-063756488.html
M42 rebounded to USD 64.50 already
revenue visibility will greatly improve. if they can spin a good story around ev, this baby is a multi multibagger
kei3006 ( Date: 11-Oct-2023 15:07) Posted:
After the acquisition. Geo Energy should become Indonesia' s Top 3 coal producer, but it will take time to scale up to the intended capacity of 25MT for Golden Eagle.
desmodeus ( Date: 10-Oct-2023 10:36) Posted:
| after 13th, geo become one of the top 10 coal producers in Indo. testing high. may or may not be soon. no contra |
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After the acquisition. Geo Energy should become Indonesia' s Top 3 coal producer, but it will take time to scale up to the intended capacity of 25MT for Golden Eagle.
desmodeus ( Date: 10-Oct-2023 10:36) Posted:
| after 13th, geo become one of the top 10 coal producers in Indo. testing high. may or may not be soon. no contra |
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Last week, Amarendu Prakash, chairman of Steel Authority of India (SAIL), the country's largest state-owned steel producer, said higher coal prices have already hit his comany's margins.
very telling indeed and that is before the Israeli Hamas war. if the conflict escalate further, coal prices will fly
CoolAngler ( Date: 11-Oct-2023 13:16) Posted:
Hope you guys are right.. can' t wait to see 39.. Huat ah..!
ozone2002 ( Date: 10-Oct-2023 15:28) Posted:
U r spot on, cup and handle formation forming
once handle has fully formed, Geo will propel higher by the height of the cup (+9c further rally from the tip of the cup/handle
TP 39c which is close to NA |
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Hope you guys are right.. can' t wait to see 39.. Huat ah..!
ozone2002 ( Date: 10-Oct-2023 15:28) Posted:
U r spot on, cup and handle formation forming
once handle has fully formed, Geo will propel higher by the height of the cup (+9c further rally from the tip of the cup/handle
TP 39c which is close to NAV
ahberngh ( Date: 09-Oct-2023 13:38) Posted:
Geo chart shows handle (of cup and handle) forming.
Gap from 30.5 to 32.5 attacked once not successful.
See if it can forcefully push above 32.5 in one go.
If one is into chart patterns, Geo is showing a 3-in-1 formation,
which could result in an upward or downward move. Seeing as other
signs are positive, an upward trajectory is more likely.
Just my opinion, please dyodd. |
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maybe, bbs tink overbought.
oso shorties contro stck.
wonder any update from kgi.
ozone2002 ( Date: 10-Oct-2023 18:35) Posted:
| Today at Pre closing some big BB sold of 1.65 million shares |
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The cost of local India coal has just rose. Will importing Indonesia coal be more affordable?
https://www.businesstimes.com.sg/companies-markets/strike-threat-averted-indias-top-coal-producer-after-court-rules-pay
Today at Pre closing some big BB sold of 1.65 million shares
U r spot on, cup and handle formation forming
once handle has fully formed, Geo will propel higher by the height of the cup (+9c further rally from the tip of the cup/handle
TP 39c which is close to NAV
ahberngh ( Date: 09-Oct-2023 13:38) Posted:
Geo chart shows handle (of cup and handle) forming.
Gap from 30.5 to 32.5 attacked once not successful.
See if it can forcefully push above 32.5 in one go.
If one is into chart patterns, Geo is showing a 3-in-1 formation,
which could result in an upward or downward move. Seeing as other
signs are positive, an upward trajectory is more likely.
Just my opinion, please dyodd. |
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after 13th, geo become one of the top 10 coal producers in Indo. testing high. may or may not be soon. no contra
yeh, u are rt, ytd a lot of sellers, price up 1 bid.
tdy, even mo sellers 4.3mil at 30.5, hope price can close up 2 bids.
egm, 3 mo days, 13th, 10am, 3Q div annoncemen 1 mth time. may go up 2-3bids 2molo, who knos.
jus hop the train to golden eagle mine la.
LZLOmega ( Date: 09-Oct-2023 18:17) Posted:
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