Cedric77
2022-04-22

IMHO-A dollar to be? 

The stock is "greatly undervalued," reckons the company>

Its enterprise value, excluding net cash and treasury shares, as of 23 February 2022 of US$242 million.

Its market capitalisation, excluding treasury shares, as of 23 February 2022 was over US$429 million.

"Our shares are undervalued given the VALMIN JORC valuation of the Group’s coal reserves of US$726 million as at 31 August 2021, our net profit from operations of US$179.1 million in the year and US$191 million cash as at 31 December 2021."

Geo Energy is a highly leveraged play on coal price.

Every US$1 increase in the annual selling price per tonne translates into a whopping US$12 million extra revenue (Geo Energy's approved full-year production quota of 12 million tonnes) with a very high profit margin.

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Comments

  • Maria_yy
    2022-04-22
    Maria_yy
    Did you buy Geo Energy?
    • Cedric77
      Hi Maria, Yes. DCA for past years. My avg buying price is $0.20!
  • HilaryWilde
    2022-04-22
    HilaryWilde
    Not many people follow it.
  • Felk
    2022-04-22
    Felk
    it helps
  • jayaram
    2022-04-22
    jayaram
    waiting fir yhe Good time
  • ElvisMarner
    2022-04-22
    ElvisMarner
    Your point of view is very helpful to me.
  • Blurking
    2022-04-22
    Blurking
    Thank for shar ing
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