Golden Energy and Resources

Results

GEAR reports record FY2021 earnings

The company will not be paying a dividend for FY2021 as it wants to acquire other mines

Results

GEAR posts 37.5% lower FY18 earnings of $53 mil despite record revenue

SINGAPORE (Mar 1): Golden Energy and Resources (GEAR) has announced FY18 earnings of US$39.3 million ($53.2 million), down 37.5% from its FY17 earnings of US$67 million due to higher mining overheads, fuel costs, freight & stockpile expenses, as well as h

Cogent’s earnings fall but PhillipCapital still positive

SINGAPORE (Dec 4): Logistics player Cogent Holdings reported a 4% y-o-y rise in revenue to $35.3 million for 3QFY2017 ended September, but earnings fell 6% to $7.4 million. The group saw better volumes in the container depot management and transport manag

Portfolio turns in mostly positive earnings surprises in last quarter

(Sept 4): Our Singapore Market Portfolio rose 0.67% over the week from Aug 22 to 29, against a 0.44% fall in the Straits Times Index. Now that all the companies in our portfolio have reported their earnings for the quarter to June, we have decided to revi

GEAR makes a comeback, CNMC buying back shares

(Aug 28): Local equities suffered losses for four consecutive sessions in the past week, with the benchmark Straits Times Index falling 0.95% between Aug 15 and 22. Our Singapore Market Portfolio also declined in value — by 0.6% — led by a 2.2% fall i

Yongnam leads gainers on announcement of new contracts

(June 23): Over the one-week period to June 20, the benchmark Straits Times Index slipped 0.8% to close at 3,230.4. The decline was driven by property and bank counters as a plunge in crude prices, expectations of further US interest rate hikes and news t

A tale of contrasting fortunes for mining stocks GEAR and CNMC

SINGAPORE (May 19):When we first added Golden Energy and Resources to the Singapore Market Portfolio on Feb 14, we reckoned shares of the Indonesia-based coal miner would be boosted by higher prices of thermal coal this year. To some extent, we have been

CapitaLand and Venture deliver good results, boost to portfolio

SINGAPORE (May 5): Shares of CapitaLand and Venture Corp rose in the past week, after the two companies reported their results for the first quarter of the year. CapitaLand hit a 12-month high of $3.76 on April 27, the day after it released its results. V

Why we are not increasing our portfolio’s exposure to property

SINGAPORE (April 21): For the second consecutive week, the benchmark Straits Times Index has trended down. From April 11 to 18, the STI lost 1.3% to close at 3,137.5 points. Our portfolio, too, fell 1.3%, with Golden Energy and Resources, Cogent Holdings
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