GEO Energy- Is It a Value Stock

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10 years 4 months ago #20270 by limyeowkeng
Any remark on Geo Energy?

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10 years 4 months ago #20305 by Joes
My take is that Geo Energy has found a bottom at around 29-30 cents. It will rise if coal prices show a clear uptrend. Basically, mines will continue to cut op costs, cut production because prices are not economically attractive. On the demand side, if it picks up strongly and prices follow through, then you know what will happen to Geo. Is it too early to buy Geo? It depends on your time horizon and of course the timing of the recovery of the sector.

For now, there is still pain, as you can read abt what's happening in BHP. www.theaustralian.com.au/business/mining...2c896f05ef9e8f59e55c

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