A lot of selling leh
Good Support ...EGM 13 Oct 2023
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.
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.
sun tzu 5 criteria all present today for geo to cross 30c
lailai ( Date: 09-Oct-2023 11:05) Posted:
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coming mtg Q& A released seems excellent. huge potential.
they shd provide good brunch after mtg, hope so.
current price stuck as usual by shorties at 29.5/30.0. wonder will bbs push higher approachin mtg date 13th, 10am, maybe to 33-35, or after. see how lo, afternn.
they shd provide good brunch after mtg, hope so.
current price stuck as usual by shorties at 29.5/30.0. wonder will bbs push higher approachin mtg date 13th, 10am, maybe to 33-35, or after. see how lo, afternn.
pikachu ( Date: 09-Oct-2023 06:39) Posted:
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https://www.newagebd.net/article/214452/coal-shortage-shuts-2-units-of-payra-adani-powers-plants
With the temperature rising over the next few days, the demand for electricity will very likely rise, potentially resulting in more power outages. This is for Bangladesh. But if the temperature rises also for India, it will have the same effects of electricity demand rise in India.
Background behind how another billionaire was made from coal:
https://www.washingtonpost.com/world/2022/12/09/india-coal-gautam-adani-godda/
Hope the stock price continues to go up!
Another war just started! Yes, Israel has just declared war after Hamas attack! Oil n thermal coal price may spike !!!
The short sellers are not giving up. They did 5 million again on Friday. No wonder went down. Hopefully oil recovers next week.
Using a rough gauge for the immediate future.
Company safety predicted a usd20 profit per ton at usd55 for ici4.
Expecting 10-12m ton sales a year. Profits per year expecting to range btw 200m to 240m if prices stay above usd55. Deducting some unexpected cost to be around 20m. So expecting profits to range min around 180 to 220m a year with 30% payout which projects to about 10cents a year. Those bought at 22 cents expecting the shares to be free in 2.5 years or so.
Easy math provided everything goes smoothly. As of what a super commodities cycle coming up in the next few years. I am upping the game in geo.
The acquisition of GEE could be the game changer like what GEAR bought SMR when the valuation is low.
Although different kinds of coal, I am expecting GEE to contribute handsomely for GEO.
For the last few mths, can see that GEO had been purposely pushed down to almost cash value n dumped impatient investors at that price.
Now news is out, there is only one way up for GEO. Mid to long term investors, stay patient n likely u wil be rewarded accordingly.
Vested.
DYODD
Company safety predicted a usd20 profit per ton at usd55 for ici4.
Expecting 10-12m ton sales a year. Profits per year expecting to range btw 200m to 240m if prices stay above usd55. Deducting some unexpected cost to be around 20m. So expecting profits to range min around 180 to 220m a year with 30% payout which projects to about 10cents a year. Those bought at 22 cents expecting the shares to be free in 2.5 years or so.
Easy math provided everything goes smoothly. As of what a super commodities cycle coming up in the next few years. I am upping the game in geo.
The acquisition of GEE could be the game changer like what GEAR bought SMR when the valuation is low.
Although different kinds of coal, I am expecting GEE to contribute handsomely for GEO.
For the last few mths, can see that GEO had been purposely pushed down to almost cash value n dumped impatient investors at that price.
Now news is out, there is only one way up for GEO. Mid to long term investors, stay patient n likely u wil be rewarded accordingly.
Vested.
DYODD
Well, Geo already made the first step into EV, so may bodes well knowing the gov is gonna push ahead with that direction. EV bikes should be the future bread n butter transport mode for the mass indons if Geo place their bets correctly.
Bro the problem indo gov still not into green energy.   If not why Ironman Elon musk ( not the chao Ah pek )chose Anwar malaysia 
tccroy ( Date: 06-Oct-2023 18:54) Posted:
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EV factories enabled by Coal generated electricity:D Give me more factories please!
Today CNA, Indonesia President Joko pushing for EV.
9m sold down very bearish sentiment
ozone2002 ( Date: 06-Oct-2023 10:20) Posted:
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Likely see 3 handle all the way for next week...
CoolAngler ( Date: 06-Oct-2023 15:31) Posted:
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Cleared 29.. Gone.. No brainer... 
CoolAngler ( Date: 06-Oct-2023 15:23) Posted:
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Foreigners houses are happily collecting...
CoolAngler ( Date: 06-Oct-2023 15:14) Posted:
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now weaker, mostly 29c, sometimes 28.5c. ytd up, tdy down, quite normal.
seems good now for long term pickers, but bad for those recent contra pickers.
tink next week wd be better. may break stubborn 30c barrier. jus opinn.
seems good now for long term pickers, but bad for those recent contra pickers.
tink next week wd be better. may break stubborn 30c barrier. jus opinn.
ozone2002 ( Date: 06-Oct-2023 10:20) Posted:
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I wont be concerned with 1/2 cts dip... Loading more.. Chiong Geo supporters...!