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Can shares in Geo Energy Resources climb even higher?

Commodities

Can shares in Geo Energy Resources climb even higher?

Chan Chao Peh Published on Fri, Nov 17, 2017 / 3:48 PM GMT+8

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SINGAPORE (Nov 17): Tung Kum Hon, CEO of Geo Energy Resources, is unabashed in saying that the market is undervaluing his company.

The stock is trading at just five times historical earnings

Tung points out that shares in Golden Energy Resources are trading at more than 20 times historical and almost 10 times forward earnings.

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