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(Stocks Discussion) SGX: Geo Energy Res (SGX: RE4)?
Discuss anything about Geo Energy Res SGX: 505 share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment in Geo Energy Res SGX: 505
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Look at this business.
The volume increased but their ASP dropped, hence overall revenue is down.
ASP is something they cant have much control. I'll skip.
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The company owns coal mines. It sells its mined out coal to power plant producers etc. Coal is in the doldrums recently and with more power plants moving to Co-gen; eventually coal will face lesser demand