Latest Forum Topics / Geo Energy Res Last:0.27 -- | Post Reply |
Geo Energy
|
|||||
JMS213
Senior |
21-May-2013 21:10
Yells: "Just living is not enough. One must have sunshine, freedom !" |
||||
x 0
x 0 Alert Admin |
Luketoh said " seems like an one night counter" . I cannot agree with you more, right from the start (IPO) the money already in question. Borrow an  acronym from Blanchard, " the $$$ already ended up in Relevant Worthwhile Spending or Money in Balance Sheet." If it happened at the start,  Maybe Halleluyah is right " feeling like can drop to around ipo px." is not impossible.  |
||||
Useful To Me Not Useful To Me | |||||
JMS213
Senior |
21-May-2013 10:19
Yells: "Just living is not enough. One must have sunshine, freedom !" |
||||
x 0
x 0 Alert Admin |
When there is a mismanagement issue, it is more serious than coal prices very low. As the saying goes " where angel fear to tread" until the skeleton is revealed and changes in the management takes place. Not vested High chance there is more downside risks. |
||||
Useful To Me Not Useful To Me | |||||
|
|||||
JMS213
Senior |
21-May-2013 10:05
Yells: "Just living is not enough. One must have sunshine, freedom !" |
||||
x 0
x 0 Alert Admin |
For your reading, it has to do with their management issue.   The skeleton is not out of the closet, ... it could get even cheaper still First US$5mil was used in the Coal Sales Purchase Agreement dated 11-Dec-2012 for 4 million metric tonnes with agreed coal specifications and average stripping ratio. Second US$5mil was used in the Coal Mining Cooperation Agreement dated 09-Jan-2013 for 650,000 metric tonnes. Seem like Geo Energy Resources has utilised its US$10mil set aside for business expansion. But no announcement been made by company on the utilisation of its IPO proceeds, so perhaps those 2 agreements were funded internally. 1) Was curious why GEO Energy Resources did not to acquire any of their qualifying assets listed under ROFOAR using the US$10mil first but instead spend US$10mil on Coal Agreements with other coal miners. Should not it be better to have their own coal mines since they currently owns only one coal mine BEK? 2) The second Agreement coal do not seem to be a better deal than the first agreement if we compares 650,000 metric tonnes to 4 million metric tonnes using the same amount of US$5 million. Wonder if the second agreement involves better coal specifications and stripping ratio? |
||||
Useful To Me Not Useful To Me | |||||
pcscorpio
Member |
21-May-2013 09:55
|
||||
x 0
x 0 Alert Admin |
coal prices are very low tooo. thats why geo also affected | ||||
Useful To Me Not Useful To Me | |||||
halleluyah
Elite |
21-May-2013 09:41
|
||||
x 0
x 0 Alert Admin |
0.36 is a vry vry gd bargain.....am waiting. No hurry as Dow most likely will fall in coming wk.
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
JMS213
Senior |
21-May-2013 09:26
Yells: "Just living is not enough. One must have sunshine, freedom !" |
||||
x 0
x 0 Alert Admin |
Supreme teeth53, As long as the skeleton is not out, agreed with me, the downside prevail.  |
||||
Useful To Me Not Useful To Me | |||||
teeth53
Supreme |
21-May-2013 08:53
Yells: "don't learn through life, learn to grow with life " |
||||
x 0
x 0 Alert Admin |
It's difficult to to down grade to ipo prices when Directoe bot ( from SGX site, note - Offer Price SGD0.3250)   |
||||
Useful To Me Not Useful To Me | |||||
JMS213
Senior |
21-May-2013 08:45
Yells: "Just living is not enough. One must have sunshine, freedom !" |
||||
x 0
x 0 Alert Admin |
It seems to me the worst is not over. Maybe Halleluyah is right " feeling like can drop to around ipo px." Can tell us how you have that feeling ..... |
||||
Useful To Me Not Useful To Me | |||||
|
|||||
JMS213
Senior |
21-May-2013 08:40
Yells: "Just living is not enough. One must have sunshine, freedom !" |
||||
x 0
x 0 Alert Admin |
Is there skeleton in the closet ? I remembered there was some queries " What is the duration of the Coal Purchase Contract?" Now statement that Mr Ong Beng Chye is not a substantial shareholder. What is your view ? |
||||
Useful To Me Not Useful To Me | |||||
teeth53
Supreme |
20-May-2013 23:55
Yells: "don't learn through life, learn to grow with life " |
||||
x 0
x 0 Alert Admin |
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4ECC93782DD0269148257B6B00379AC0/$file/FORM1_OBC.pdf?openelement Dir/CEO paid 0.43 per thousand shr...(think so) |
||||
Useful To Me Not Useful To Me | |||||
teeth53
Supreme |
20-May-2013 23:50
Yells: "don't learn through life, learn to grow with life " |
||||
x 0
x 0 Alert Admin |
Will be back on rotational play, unlikely another Ausgroup. (think so)
|
||||
Useful To Me Not Useful To Me | |||||
teeth53
Supreme |
20-May-2013 23:48
Yells: "don't learn through life, learn to grow with life " |
||||
x 0
x 0 Alert Admin |
BBs going big on IPO-ing shr...(think so, just a wild guess) | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
novice_trader
Elite |
20-May-2013 23:42
|
||||
x 0
x 0 Alert Admin |
Still not moving bro... Eying this counter for many days...
|
||||
Useful To Me Not Useful To Me | |||||
ozone2002
Supreme |
18-May-2013 10:51
|
||||
x 0
x 0 Alert Admin |
Consolidating for the past week ard 42c.. technicals oversold, likely to breakout upwards from consolidation.. look out for it.. gd luck dyodd |
||||
Useful To Me Not Useful To Me | |||||
halleluyah
Elite |
17-May-2013 15:04
|
||||
x 0
x 0 Alert Admin |
feeling like can drop to around ipo px.
|
||||
Useful To Me Not Useful To Me | |||||
luketoh
Senior |
17-May-2013 15:01
|
||||
x 0
x 0 Alert Admin |
Seems like is having same fate with Aus group... | ||||
Useful To Me Not Useful To Me | |||||
luketoh
Senior |
13-May-2013 11:56
|
||||
x 0
x 0 Alert Admin |
Seems like an one night stand counter... | ||||
Useful To Me Not Useful To Me | |||||
halleluyah
Elite |
10-May-2013 16:42
|
||||
x 0
x 0 Alert Admin |
Sister ballball, money where got enuf one...lol.
|
||||
Useful To Me Not Useful To Me | |||||
ballball
Master |
10-May-2013 16:28
|
||||
x 0
x 0 Alert Admin |
Sister, ur chinantown still not enuf kopi to drink ah? How much u looking at, to enter here?
|
||||
Useful To Me Not Useful To Me | |||||
bishan22
Elite |
10-May-2013 16:23
|
||||
x 0
x 0 Alert Admin |
No need kan cheong lah. Let market push up more before grab. This is a downtrend stock, may get trap and get kill by shortists. Good luck. 
|
||||
Useful To Me Not Useful To Me |