Coal futures heading towards 60!
its Geo turn now, CHIONG AH
lailai ( Date: 19-Dec-2023 14:46) Posted:
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tink konsi can give at least 2c for 4q, as las yr was alrdy 4c. of cos, give mo mo beterrer.
konsi often say geo undervalue,cos kena supp by u kno who la, so reward shhdrs with good div is logical.
geo nva is alrdy 37.5c, and cih 14.5c. not forgettin huge potential of the black gold after gee acq and other strategic jv.jus a few factual quotes, fyi:
Global demand for coal hit an all-time high in 2023, the International Energy Agency reported Friday, ...
In its  Coal 2023 report, the IEA projected that demand for coal rose to 8.54 billion tons, up 1.4% compared to last year&mdash largely fueled by an 8% rise in usage in India and 5% in China in response to increased demand for electricity and low hydropower output. ...
The report notes that China&mdash the world&rsquo s largest consumer, producer and importer of coal&mdash will be key to these projections as it turns to coal power generation when hydroelectricity fails. ... "
 
 
konsi often say geo undervalue,cos kena supp by u kno who la, so reward shhdrs with good div is logical.
geo nva is alrdy 37.5c, and cih 14.5c. not forgettin huge potential of the black gold after gee acq and other strategic jv.
jus a few factual quotes, fyi:
" Coal is the largest source of power generation in the world and also the primary fuel powering industries like steel and cement. (unfortunately), Coal is also the biggest source of carbon dioxide emissions from human activity. ...
Global demand for coal hit an all-time high in 2023, the International Energy Agency reported Friday, ...In its  Coal 2023 report, the IEA projected that demand for coal rose to 8.54 billion tons, up 1.4% compared to last year&mdash largely fueled by an 8% rise in usage in India and 5% in China in response to increased demand for electricity and low hydropower output. ...
The report notes that China&mdash the world&rsquo s largest consumer, producer and importer of coal&mdash will be key to these projections as it turns to coal power generation when hydroelectricity fails. ... "
 
 
 
wehuattogether88 ( Date: 19-Dec-2023 11:18) Posted:
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Hopefully Geo will announce a 2-3 cents dividends for their upcoming full year results in early Feb 2024.
If more than that will be a bonus for me.
If more than that will be a bonus for me.
Geo trying to shake off the idling at 0.28/0.285.
Maybe testing the 0.31 level again?
Maybe testing the 0.31 level again?
in desper situations, cina quite good at catch up.
jus a quote regardin cina' s addict on coal. when 3 yrs ago(?), boycot aust coal, own country not enough coal,  then kena own cities blackout:
" Such is the magnitude of China&rsquo s coal addiction that when China ramped up its trade spat with Australia by instituting an informal boycott of Australian coal, entire Chinese cities  went dark. ...
The blackouts didn&rsquo t last long, however, as coal producers around the world stepped up to fill the gaps left in the vast demand of the world&rsquo s largest coal importer, ... "
 
jus a quote regardin cina' s addict on coal. when 3 yrs ago(?), boycot aust coal, own country not enough coal,  then kena own cities blackout:
" Such is the magnitude of China&rsquo s coal addiction that when China ramped up its trade spat with Australia by instituting an informal boycott of Australian coal, entire Chinese cities  went dark. ...
The blackouts didn&rsquo t last long, however, as coal producers around the world stepped up to fill the gaps left in the vast demand of the world&rsquo s largest coal importer, ... "
 
JAD_Trader ( Date: 18-Dec-2023 12:28) Posted:
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Can any shipment from Indonesia to China stlll catch up with the cold season?
It may take at least 8-10 weeks from mining (maybe take from stock), inland transport, loading, shipping, unloading, inland trasport..... not forgetting, booking of vessels, customs clearance.....
It may take at least 8-10 weeks from mining (maybe take from stock), inland transport, loading, shipping, unloading, inland trasport..... not forgetting, booking of vessels, customs clearance.....
lailai ( Date: 18-Dec-2023 08:24) Posted:
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cold wave in cina terrible, man.
tink coal demand globally likely up and up, cos cold wave don jus stay in cina but like typhoon will go where the wind blows. climate damage, its either floods, forest fires, typhoons, cold wave. or watnots, watodo.
copied fyi:
" BEIJING (Reuters) -A cold wave extended its grip further over China on Friday with temperatures plummeting to below freezing across most of the country, causing authorities to limit traffic flows on highways in several provinces after vehicles collided on icy patches.
Temperatures will drop to below minus 40 degrees Celsius (minus 40 degrees Fahrenheit) in parts of the northeastern province of Heilongjiang and in the region of Xinjiang in the northwest, along with Inner Mongolia and the provinces of Gansu and Qinghai, according to forecasts from China' s National Meteorological Centre. ..... "
tink coal demand globally likely up and up, cos cold wave don jus stay in cina but like typhoon will go where the wind blows. climate damage, its either floods, forest fires, typhoons, cold wave. or watnots, watodo.
copied fyi:
" BEIJING (Reuters) -A cold wave extended its grip further over China on Friday with temperatures plummeting to below freezing across most of the country, causing authorities to limit traffic flows on highways in several provinces after vehicles collided on icy patches.
Temperatures will drop to below minus 40 degrees Celsius (minus 40 degrees Fahrenheit) in parts of the northeastern province of Heilongjiang and in the region of Xinjiang in the northwest, along with Inner Mongolia and the provinces of Gansu and Qinghai, according to forecasts from China' s National Meteorological Centre. ..... "
The technical charts look ready for next ramp.
sweet639 ( Date: 15-Dec-2023 14:41) Posted:
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If IT could happen to other commodities like copper, sure will have the same effect as on coal
https://www.businesstimes.com.sg/international/worlds-copper-supply-suddenly-looking-scarce
https://www.businesstimes.com.sg/international/worlds-copper-supply-suddenly-looking-scarce
Sigh... always inflation issue
Fed rates falling means dollar weakness
inflation to rear its ugly head
inflation to rear its ugly head
ozone2002 ( Date: 04-Dec-2023 09:06) Posted:
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las yr 4q in 27th feb, div super good at 4c.
counter not good buy for short term as under shorties manip.
only  good for long term as under good div yld, not forget got good profit potential contrib from gee and other joint vent.
if interested, can read recent announcements by chairman melati.
counter not good buy for short term as under shorties manip.
only  good for long term as under good div yld, not forget got good profit potential contrib from gee and other joint vent.
if interested, can read recent announcements by chairman melati.
sweet639 ( Date: 15-Dec-2023 14:41) Posted:
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this counter is good to keep at thie price? when will the report out?
lailai ( Date: 15-Dec-2023 08:16) Posted:
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konsi has sbb, but seldom active. las time was in jun.
so got sbb mandate or none makes no diff, if no activate. they always say sh price undervalue, but jus talk only no action.
only action is by shorties pressin down price for their bbs to collect. fishy manip, maybe lo ball TO agenda, who knos.
 
so got sbb mandate or none makes no diff, if no activate. they always say sh price undervalue, but jus talk only no action.
only action is by shorties pressin down price for their bbs to collect. fishy manip, maybe lo ball TO agenda, who knos.
 
pikachu ( Date: 15-Dec-2023 06:35) Posted:
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Patience is the key.  👍
Ayamas ( Date: 14-Dec-2023 23:51) Posted:
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Good if have share buyback. Price will rise 
Will company start their share buybacks like last year?
Yesterday 71% short sellers, i.e. road block basically.
800 lots eaten up at 28c
consolidation for the longest time
consolidation for the longest time