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m42 broke recent high, but Geo moving in opposite direction, BBs taking the chance and collecting at cheap price?

SGX IHS McCloskey M42 - Indonesian 4200kc GAR FOB Thermal Coal Futures
Continuous contract
 
M42F2!

Singapore Exchange
Market open
45.81USD&thinsp /&thinsp MTD
+0.92+2.05%
Where do you get this price? My chk on sgx & trading View show only US $42.50. Thks.
tccroy ( Date: 11-Sep-2025 22:19) Posted:
| M42 up 2% and hit above USD 45 to USD 45.82 and is trending up further north |
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tccroy ( Date: 11-Sep-2025 22:19) Posted:
| M42 up 2% and hit above USD 45 to USD 45.82 and is trending up further north |
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M42 up 2% and hit above USD 45 to USD 45.82 and is trending up further north
43.5 is very well absorbed by BBs. They have been accumulating a lot at 43.5 today. Wait for the exploding next week.
It seems to me that BBs are putting a large road block at 44 for purpose of collecting at 43.5. Contra players are succumb to close their position by throwing to BBs at 43.5
I am still positive on this counter. But few red flags need to take note. 1. The depressed coal price. 2. The extra capital expenditure of over US$40m for the proposed road. 3.World economy may stagnant or goes down thereby lower the demand for coal. 4. Unforeseen operation issues eg natural causes or riots. The toll revenue will only comes in after mid 2026 hopefully.
The immediate event is proposed acquisition of the 51% of the transportation companies. Vested. Dyodd.
tccroy ( Date: 11-Sep-2025 09:56) Posted:
Thanks bro, in fact I just had teh halia and cheese cheong fun at the coffeeshop.
Trainner ( Date: 11-Sep-2025 09:44) Posted:
| May be but not too worry...... many positive impactful events in the plan roadmap that will push the price much higher than today..... go and have a kopi~~~~☕ ️ ~~~ |
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My favourite is Kopi-O-Kosong...... cannot start my day without it....... 😁 .....
tccroy ( Date: 11-Sep-2025 09:56) Posted:
Thanks bro, in fact I just had teh halia and cheese cheong fun at the coffeeshop.
Trainner ( Date: 11-Sep-2025 09:44) Posted:
| May be but not too worry...... many positive impactful events in the plan roadmap that will push the price much higher than today..... go and have a kopi~~~~☕ ️ ~~~ |
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Thanks bro, in fact I just had teh halia and cheese cheong fun at the coffeeshop.
Trainner ( Date: 11-Sep-2025 09:44) Posted:
May be but not too worry...... many positive impactful events in the plan roadmap that will push the price much higher than today..... go and have a kopi~~~~☕ ️ ~~~~
tccroy ( Date: 11-Sep-2025 09:16) Posted:
| Look like contra players are closing their positions after T+2 |
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May be but not too worry...... many positive impactful events in the plan roadmap that will push the price much higher than today..... go and have a kopi~~~~☕ ️ ~~~~
tccroy ( Date: 11-Sep-2025 09:16) Posted:
| Look like contra players are closing their positions after T+2 |
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Look like contra players are closing their positions after T+2
M42 up will have added impact for the future contract price for Geo as well as the share prices.
tccroy ( Date: 11-Sep-2025 08:21) Posted:
M42 coal price is currently on the rebound since their last dropped was at USD39. Winter coming soon, demand will be there.
Dannkh ( Date: 11-Sep-2025 07:50) Posted:
| But coal price is weakening due to current glut of oil |
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think bbs are collecting like non stop. currently at 43.5/44.0.
ytd, out of total done at7.8mil sh, 7.2mil done at 43.5, with 555 lots done at 44.0c, and neglible in 43.0c.
bbs no worry about M42 up or down, but they know the future is very very bright for geo, like what ceo said.
just opnn, dyodd, not an inducement to buy/sell for contra players.
M42 coal price is currently on the rebound since their last dropped was at USD39. Winter coming soon, demand will be there.
Dannkh ( Date: 11-Sep-2025 07:50) Posted:
But coal price is weakening due to current glut of oil.
Trainner ( Date: 11-Sep-2025 00:08) Posted:
| The last max was 44.5cts in Feb' 24, GEO needs to clear this milestone (break 46~47cts) convincingly. Once this is achieved, it can challenge the next summit (60cts). Stay strong!!! |
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The Northen   hemisphere is getting into the winter, this is the time where energy consumption is the highest which will bring along the coal price. 
Also, other than coal, Geo is getting ready for the infrastructure play where they will have additional revenue sources. Geo' s main business is still coal, but the revenue will be less dependent on coal price.
Dannkh ( Date: 11-Sep-2025 07:50) Posted:
But coal price is weakening due to current glut of oil.
Trainner ( Date: 11-Sep-2025 00:08) Posted:
| The last max was 44.5cts in Feb' 24, GEO needs to clear this milestone (break 46~47cts) convincingly. Once this is achieved, it can challenge the next summit (60cts). Stay strong!!! |
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But coal price is weakening due to current glut of oil.
Trainner ( Date: 11-Sep-2025 00:08) Posted:
| The last max was 44.5cts in Feb' 24, GEO needs to clear this milestone (break 46~47cts) convincingly. Once this is achieved, it can challenge the next summit (60cts). Stay strong!!! |
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Geo touched 45 on Tuesday. Today will repeat the act and hopefully contra players will not hamper the move.
Trainner ( Date: 11-Sep-2025 00:08) Posted:
| The last max was 44.5cts in Feb' 24, GEO needs to clear this milestone (break 46~47cts) convincingly. Once this is achieved, it can challenge the next summit (60cts). Stay strong!!! |
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The last max was 44.5cts in Feb' 24, GEO needs to clear this milestone (break 46~47cts) convincingly. Once this is achieved, it can challenge the next summit (60cts). Stay strong!!!
Yes, very good option price of 27 cent each. They may be keeping it for Reinvest to acquire the shares.
Dannkh ( Date: 10-Sep-2025 18:20) Posted:
Another 9.4m shares in the market. Exercise price is 27c.
spursfan ( Date: 10-Sep-2025 17:46) Posted:
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Another 9.4m shares in the market. Exercise price is 27c.
spursfan ( Date: 10-Sep-2025 17:46) Posted:
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