Geo Energy Res    Last:0.36    +0.005

Geo Energy

Don't think the qtryly report is going to be good with low sales revenue.  Looks to me like people are selling lower and lower.  Will see if it can touch 0.30 in a couple of days.

 

hmmm ..... bro, you mean ?

Peter_Pan      ( Date: 08-Nov-2013 14:07) Posted:   Coal Prices Seen Rebounding in China as Indonesia Set to Raise Mining Fees Indonesia?s plan to raise thermal coal-mining fees may curb shipments from the world?s biggest exporter and drive up fuel prices from a four-year low in China, its largest customer. Sales to China may drop as much as 20 percent if the government imposes higher royalties on some mining companies in 2014, according to UOB Kay Hian. That may drive up domestic prices in China by as much as 3 percent, the China Coal Transport and Development Association said on Oct. 30. Indonesia?s coal association and Macquarie Group also predict output cuts if fees are increased. Indonesia?s attempts to ease a record current account deficit by boosting revenue from its mining industry is roiling commodity markets from coal to nickel to tin, which climbed to the highest level in more than six months after the government restricted exports. Higher coal royalties threaten to narrow margins for Bukit Asam and other Indonesian mining companies. Fewer exports would boost returns for Shenhua Group, China?s biggest coal producer, which reported a 15 percent drop in third-quarter profit amid a supply glut. ?The proposal will raise coal-mining costs, which will discourage miners from lowering prices in order to export to China, and this in turn will help mitigate oversupply,? said Helen Lau, a Hong Kong-based analyst at UOB Kay Hian who predicts benchmark Chinese prices will rise 5 percent next year. Prices are probably bottoming, according to UOB Kay Hian?s Lau and Winston Han, a Beijing-based analyst at CCTD. Cargoes were in a range of 535 yuan to 545 yuan on Sunday. Coal may average 580 yuan next year, about 7.4 percent more than now, according to the most bullish forecast in a Bloomberg survey of five analysts. The median estimate was 570 yuan. Indonesia wants to increase royalties to 13.5 percent, from 3 percent to 7 percent now, for miners that hold business licenses known as IUPs, Finance Minister Chatib Basri said in a meeting with parliament June 24. About 30 percent of the country?s producers hold IUPs, according to the coal association. The remaining 70 percent, including Bumi Resources and Adaro Indonesia, already pay royalties of 13.5 percent. The government may yet abandon or dilute the plan, if history is any guide. It dropped a proposal to ban overseas sales of lower-quality coal earlier this year and relaxed new tin-quality standards three days before they were scheduled to take effect on July 1.

 

 

Coal Prices Seen Rebounding in China as Indonesia Set to Raise Mining Fees

Indonesia?s plan to raise thermal coal-mining fees may curb shipments from the world?s biggest exporter and drive up fuel prices from a four-year low in China, its largest customer.

Sales to China may drop as much as 20 percent if the government imposes higher royalties on some mining companies in 2014, according to UOB Kay Hian. That may drive up domestic prices in China by as much as 3 percent, the China Coal Transport and Development Association said on Oct. 30. Indonesia?s coal association and Macquarie Group also predict output cuts if fees are increased.

Indonesia?s attempts to ease a record current account deficit by boosting revenue from its mining industry is roiling commodity markets from coal to nickel to tin, which climbed to the highest level in more than six months after the government restricted exports. Higher coal royalties threaten to narrow margins for Bukit Asam and other Indonesian mining companies. Fewer exports would boost returns for Shenhua Group, China?s biggest coal producer, which reported a 15 percent drop in third-quarter profit amid a supply glut.

?The proposal will raise coal-mining costs, which will discourage miners from lowering prices in order to export to China, and this in turn will help mitigate oversupply,? said Helen Lau, a Hong Kong-based analyst at UOB Kay Hian who predicts benchmark Chinese prices will rise 5 percent next year.

Prices are probably bottoming, according to UOB Kay Hian?s Lau and Winston Han, a Beijing-based analyst at CCTD. Cargoes were in a range of 535 yuan to 545 yuan on Sunday. Coal may average 580 yuan next year, about 7.4 percent more than now, according to the most bullish forecast in a Bloomberg survey of five analysts. The median estimate was 570 yuan.

Indonesia wants to increase royalties to 13.5 percent, from 3 percent to 7 percent now, for miners that hold business licenses known as IUPs, Finance Minister Chatib Basri said in a meeting with parliament June 24. About 30 percent of the country?s producers hold IUPs, according to the coal association. The remaining 70 percent, including Bumi Resources and Adaro Indonesia, already pay royalties of 13.5 percent.

The government may yet abandon or dilute the plan, if history is any guide. It dropped a proposal to ban overseas sales of lower-quality coal earlier this year and relaxed new tin-quality standards three days before they were scheduled to take effect on July 1. 

 

 

now less than half of it's high 645 ?  another probable bargain hunting target ?

CoalaCoala      ( Date: 05-Nov-2013 22:39) Posted: Keep a very close watch on this stock. Exciting. After Sakari (already taken-over), this is the ONLY COAL mining stock worth vesting. My guess is : The bosses of this company have more 'good news" that have not rolled out (declared) yet. RSI oversold. Price now at 52 wk low. Tycoon Jim Rogers on board with 'test-water small investment 1st' Half year results : about US$ 10 mil profit.  Coal price now climbing up. Once it goes up near its previous peak, so will the share price of this stock. MOST IMPORTANT : think SGX has recent new ruling on MAINBOARD MINING STOCKS ~~~ their market cap cannot be less than S$ 300 mil ??? Based on about 1.2 billion shares at $0.31 now, it barely satisfy this SGX criteria.

 

especially when it seems to be a base forming at 31 cts from 31-Oct-13 to 7-Nov-13 (and probably 8-Nov-13 too) .....

seanpent      ( Date: 08-Nov-2013 12:02) Posted: interesting ..... pattern seems to indicate that Geo is due for a big rally ..... still observing ..... previous indications ..... 3-Jun-2013 ..... 22-Aug-13 ..... next cycle around now ? seems like a consistent space of time .....

 

interesting ..... pattern seems to indicate that Geo is due for a big rally ..... still observing .....

previous indications ..... 3-Jun-2013 ..... 22-Aug-13 ..... next cycle around now ?

seems like a consistent space of time .....

 

Keep a very close watch on this stock. Exciting. After Sakari (already taken-over), this is the ONLY COAL mining stock worth vesting.

My guess is :

The bosses of this company have more 'good news" that have not rolled out (declared) yet.

RSI oversold.

Price now at 52 wk low.

Tycoon Jim Rogers on board with 'test-water small investment 1st'

Half year results : about US$ 10 mil profit. 

Coal price now climbing up. Once it goes up near its previous peak, so will the share price of this stock.

MOST IMPORTANT : think SGX has recent new ruling on MAINBOARD MINING STOCKS ~~~ their market cap cannot be less than S$ 300 mil ???

Based on about 1.2 billion shares at $0.31 now, it barely satisfy this SGX criteria.  

 

 

Shouldn't support those Shortseller. Not buying.

 

Don't had to wait anymore. Just hoot at 315...

 

Don't know got to wait how long and how low before I go in. Downward pressure!

 

like all things, it all started with  creating awareness. doesn't matter small

JR had its commodities index...

so long as it could deliver on its growth promise, the rest is history.

opportunity = when extreme crisis + suitable $ management.

 

type geo energy into search...

Anyway results are:

Name	% Shares Held	% Total Assets		Star Rating
CREF Stock	0.26	0
Market Vectors Indonesia Small-Cap ETF	0.04	3
iShares MSCI Singapore Small-Cap	0.02	0.28
Blackrock - LifePath Index 2030 CF	0	0
Blackrock - LifePath Index 2040 CF	0	0

Not a lot, but if the holdings are big, the price would have long jumped

flyfox ( Date: 31-Oct-2013 08:00) Posted: It's a deadlink. can u pls repost? findoutmore ( Date: 30-Oct-2013 23:33) Posted: 5 funds and 4 institutions into it since june 2013 http://investors.morningstar.com/ownership/shareholders-major.html?t=RE4& region=SGP& culture=en-US

 

seems like the selling has stopped for now.

was hoping to get it at bargain price.

doesnt seem like that will happen now.

not vested. yet

 

type geo energy into search... 

Anyway results are:

Name	% Shares Held	% Total Assets		Star Rating
CREF Stock	0.26	0
Market Vectors Indonesia Small-Cap ETF	0.04	3
iShares MSCI Singapore Small-Cap	0.02	0.28
Blackrock - LifePath Index 2030 CF	0	0
Blackrock - LifePath Index 2040 CF	0	0

  Not a lot, but if the holdings are big, the price would have long jumped

 

flyfox      ( Date: 31-Oct-2013 08:00) Posted: It's a deadlink. can u pls repost? findoutmore      ( Date: 30-Oct-2013 23:33) Posted: 5 funds and 4 institutions into it since june 2013 http://investors.morningstar.com/ownership/shareholders-major.html?t=RE4& region=SGP& culture=en-US

 

It's a deadlink. can u pls repost?

findoutmore      ( Date: 30-Oct-2013 23:33) Posted: 5 funds and 4 institutions into it since june 2013 http://investors.morningstar.com/ownership/shareholders-major.html?t=RE4& region=SGP& culture=en-US

 

Hi mb, thanks for your advice.   Will hold my fire! All pennies taking their turn.  

 

the whole sgx pennies are uncertain now. better to avoid or hold and hope for some rebound. avoid entering new position.

isaacsgx      ( Date: 30-Oct-2013 17:36) Posted: Sentiment for all penny stocks very very bad. Last minute closing at 0.32 with thousand over lots.   Looks bad and don't really able to catch the low. If u look at the top volume, not a single penny stock is up. All toh tit tit! Don't know how long this saga is going to last.

 

5 funds and 4 institutions into it since june 2013

http://investors.morningstar.com/ownership/shareholders-major.html?t=RE4& region=SGP& culture=en-US

 

 

geo energy no energy

 

Sentiment for all penny stocks very very bad. Last minute closing at 0.32 with thousand over lots.   Looks bad and don't really able to catch the low. If u look at the top volume, not a single penny stock is up. All toh tit tit! Don't know how long this saga is going to last.

 

is very sad that company do come back to support the IPO level. Maybe they have the same thinking as I do. Company also waiting for another 1c drop below IPO??!!!