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The edge did an article on commodities (latest issue) and Geo was mentioned in the article
https://www.theedgesingapore.com/news/commodities/living-fat-land
https://www.theedgesingapore.com/news/commodities/living-fat-land
since early morn, good vol trading at 29.5/ 30.0, but mostly at 29.5c.
will be good if can close at 30.0c for the wkend.
then next mon or tue break the shorties barrier of 30.5c. and move to 31-32 by fri, then cont move hi-er at 3Q result week.
anyway, 3Q result matter of 9 trading days or so, tink CM C Melati will disclose some goodies. jus hope la.
will be good if can close at 30.0c for the wkend.
then next mon or tue break the shorties barrier of 30.5c. and move to 31-32 by fri, then cont move hi-er at 3Q result week.
anyway, 3Q result matter of 9 trading days or so, tink CM C Melati will disclose some goodies. jus hope la.
tccroy ( Date: 27-Oct-2023 09:55) Posted:
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Prices depressed in China
https://oilprice.com/Latest-Energy-News/World-News/Record-High-Production-And-Rising-Imports-Depress-Coal-Prices-In-China.amp.html
https://oilprice.com/Latest-Energy-News/World-News/Record-High-Production-And-Rising-Imports-Depress-Coal-Prices-In-China.amp.html
Despite M42 dropping slightly. The price can still go up. Hope shortists will be seriously trapped.
Yup, everyone knows after his last post, the thread was locked. Everyone knows he is the main culprit. The other users are Don't Betray and Be Honest.
yoga123 ( Date: 26-Oct-2023 19:05) Posted:
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No worries Bro. Do continue to share your views about Geo, and ignore these jokers if they appear again. Cheers! 👍
tccroy ( Date: 26-Oct-2023 10:36) Posted:
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Thanks bro, for your understanding. It was one person but using multiple user IDs, taking turns. Even if I hype, there is nothing wrong since I own this stock and adding more. Usually my comment are based on news and information and of course supporting co-owner not to see under value shares.
yoga123 ( Date: 26-Oct-2023 10:23) Posted:
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Cheer up Bro, those jokers deliberately stirred up quarrel to close it.
tccroy ( Date: 26-Oct-2023 07:16) Posted:
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Q3 results coming out on 2nd week of Nov.
TraderBen ( Date: 26-Oct-2023 08:55) Posted:
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anything above 40 still make money..
ozone2002 ( Date: 25-Oct-2023 10:31) Posted:
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Sliding down
58.72USDD
&minus 1.16&minus 1.94%
ozone2002 ( Date: 25-Oct-2023 10:31) Posted:
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It was locked After the last user's post
Ayamas ( Date: 24-Oct-2023 12:10) Posted:
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Yeah Bro, looks like they are probably the only brokerage covering Geo at the moment. Soon, I believe more brokerages will initiate coverage when the growth potential for Geo gradually uncovers. 👍
ozone2002 ( Date: 25-Oct-2023 10:27) Posted:
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Follow oil price ding dong. But Q4 still good la.
ozone2002 ( Date: 25-Oct-2023 10:31) Posted:
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Recent weakness attributed to m42 price declining below US$60
59.88USDD
&minus 3.98&minus 6.23%
Other thread locked...
this brokerage still heavily promoting Geo, must be heavily vested
KGI Research
Geo Energy Resources Limited (GERL SP): Profit off from seasonality
BUY Entry 0.260 &ndash Target &ndash 0.305 Stop Loss &ndash 0.240
this brokerage still heavily promoting Geo, must be heavily vested
KGI Research
Geo Energy Resources Limited (GERL SP): Profit off from seasonality
BUY Entry 0.260 &ndash Target &ndash 0.305 Stop Loss &ndash 0.240
i think admin dont tolerate fighting in the thread. expecting mature adult to observe the harmony policy.
Ayamas ( Date: 24-Oct-2023 12:10) Posted:
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What happened to previous forum locked? Pls don' t fight in the forum la.
wah, wats goin on. after insiders buy, geo dived from 30 to 28.5.
terrible for contras who bot at 29.5/30.0, but good for long term collectors to buy now, like the bbs.
anyway, 3Q result ard 2 and haf wks away. good to pic for good news after result.
terrible for contras who bot at 29.5/30.0, but good for long term collectors to buy now, like the bbs.
anyway, 3Q result ard 2 and haf wks away. good to pic for good news after result.
Joelton ( Date: 23-Oct-2023 09:10) Posted:
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Geo Energy Resources
On Oct 19, Geo Energy Resources : RE4 +1.69% independent director Lu King Seng acquired 100,000 shares at S$0.305 per share. This increased his direct interest in the upstream coal miner from 0.06 per cent to 0.07 per cent.
Lu was appointed to the board in September 2012. He has more than 26 years of commercial and audit experience in London, Singapore, and Malaysia with Deloitte & Touche, Ernst & Young, Arthur Andersen, PriceWaterhouse and KPMG. He is currently the director of Orion Advisory and an independent director of other companies listed on the SGX-ST and The Stock Exchange of Hong Kong.
Group chief operating officer Philip Hendry and group chief financial officer Adam Tan Sheng Hua also acquired shares on Oct 19. Hendry bought 580,000 shares and Tan purchased 80,000 shares, with both transactions conducted at S$0.30 per share.
Hendry rejoined the group as chief operating officer in February 2023 and oversees the commercial and business operations. He was previously the chief financial officer of the group until he left in January 2020.
Tan oversees the group&rsquo s finance and investment activities, including financial reporting, mergers and acquisitions, corporate finance, and investor relations. The group is expanding its Indonesian operations and global business.
On Oct 18, Geo Energy announced it had successfully completed the acquisition of a 58.65 per cent stake in PT Golden Eagle Energy, an Indonesian coal mining group listed on the Indonesia Stock Exchange, and a 33 per cent stake in PT Marga Bara Jaya with ready-for-development infrastructure.
Geo Energy Resources executive chairman and CEO Charles Antonny Melati highlighted that the value-accretive acquisition marks a new phase of growth for the group, with the future of thermal coal expected to shift towards a calorific value of 4,000 GAR with low ash and low sulphur characteristics.
The group&rsquo s investment strategy is mainly focused on acquisition of new mining concessions to increase production quantity and at the same time, diversify its sources of coal.