Geo Energy

Too heavy a price for sin stocks? - THE EDGE SINGAPORE

Investing ideas

Too heavy a price for sin stocks?

Selected sin stocks seem to present good buying opportunities for investors despite the ongoing vice-related exclusions trend.
Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance - THE EDGE SINGAPORE

Broker's Calls

Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance

The sectors to look out for are consumer, commodity, healthcare tourism, plantation and marine-related.

Company in the news

Golden Energy and Resources shares drop by 27.22%, receives trading query from SGX

Geo Energy Resources, another Indonesia-based coal miner, dropped as much as 3.5 cents, or 8.43%.

Buybacks

Geo Energy commences share buy backs

The company expects to report record quarterly earnings for 4QFY2021.

Results

Geo Energy reports US$45 mil earnings for 3QFY2021, declares interim dividend of 3 cents

The company is seeing an even better 4QFY2021 with higher prices and volume

Mining

Geo Energy mulls other listings, plots green future in longer term

Can a coal mining company survive in world where the buzzword is to be "green"? Geo Energy Resources thinks so.

Broker's Calls

Go for lower beta, dividend-paying stocks this year after a disappointing 2018: Phillip

SINGAPORE (Jan 4): Phillip Capital is maintaining its Straits Times Index (STI) target of 3,400 in Oct 2019 – which pegs the market at 13.5 times, or around its ten-year average valuation – as the research house advocates a lower-beta equity portfolio
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