Maintain BUY on Geo Energy, potential to breakout higher level.
Accumulating more at 0.230.
head back to 24..huat ah
Hit 25 sooner than i expected.
Might even hit 30 in coming days
Not buy a bit..for me, can buy more, undervalue!
ok la I think can buy a bit lor
ok la I think can buy a bit lor
I also missed this counter
still can buy ?
congrats Geo. next Geo : Ying Li. Breakout to 20 cents soon.
Likely too see Geo Energy move up to another new high real soon.
Good writing guys -> http://www.nracapital.com/research/sgxresearchreport/1611hekxbh
Got money lah to pay for the interest.
Maybe even small dividends 🙂
It just waiting for them to dispose enough then called for rights or warrant. Most of the time when a company called for rights or warrants, the share price will be shorted down. Should not be long beacuse Jan 2017 is the month to pay the interest.
Can look at noble, ezion. Once announcement done, price really down.
According to report, high coal price is unsubstainable. But it will still up few months before coming down
So is good buy or time to exit ?
For weekend leisure reading:According to Geo Energy Financial report dated 30 Jun 2016
Cash & Bank Balances : US$9,539,402
Debt: US$75,488,618
In July 2014, the Group issued Medium Term Notes of S$100 million. The Notes matures in January 2018 and bear interest at a fixed rate of 7% per annum payable semi-annually in arrears. Separately, the Group has pledged a
deposit of S$3.5 million for the purpose of securing its interest payment obligations.
Interest: US$5,284,203 based on this amount US$75,488,618
This coming Jan 2017, interest due US$2,642,101
Past few months, O& M companys could not service their loan interest Swiber, Swissco & Rickmers. So now banks have tightened their cash register & not going to loan out easily.
So where to outsource for funds? issue rights or warrant.
dated 26 Sep, CEO has his investor briefing with broking house. Shares price was around $0.135.
Total shareholding of shares: 1,185,050,891
1,000,001 shares and above 85.52%
From 26 Sep to date: total transaction of shares in the market :588,604,000 shares (around 50%)
For weekend leisure reading:
According to Geo Energy Financial report dated 30 Jun 2016
Cash & Bank Balances : US$9,539,402
Debt: US$75,488,618
In July 2014, the Group issued Medium Term Notes of S$100 million. The Notes matures in January 2018 and bear interest at a fixed rate of 7% per annum payable semi-annually in arrears. Separately, the Group has pledged a
deposit of S$3.5 million for the purpose of securing its interest payment obligations.
Interest: US$5,284,203 based on this amount US$75,488,618
This coming Jan 2017, interest due US$2,642,101
Past few months, O& M companys could not service their loan interest Swiber, Swissco & Rickmers. So now banks have tightened their cash register & not going to loan out easily.
So where to outsource for funds? issue rights or warrant.
dated 26 Sep, CEO has his investor briefing with broking house. Shares price was around $0.135.
Total shareholding of shares: 1,185,050,891
1,000,001 shares and above 85.52%
From 26 Sep to date: total transaction of shares in the market :588,604,000 shares (around 50%)
