Edgepicks2.17

Golden Energy & Resources (GEAR) is among the 10 stock picks for 2017 featured in the current edition of The Edge Singapore.

Golden Energy & Resources

Share price: 
49 c

Target price: 
95 c
(Source: KGI Securities)

The weekly said at 49 cents a share, the coal miner's market value is around US$1 per tonne of its reserves.

This is a steep discount of more than 50% compared with companies such as Adaro Energy, Bayan Resources and Geo Energy Resources. 

The article also noted that GEAR is currently debt-free but could make a big acquisition.

The Sinar Mas Group, the controlling shareholder of GEAR, has an agreement to offer Berau Coal Energy to GEAR. 

For more on this stock and the other 9, buy a copy of The Edge at the newsstands for $5.

See also: 


Share Prices

Counter NameLastChange
AEM Holdings4.540-
Avi-Tech Electronics0.3000.005
Broadway Ind0.146-0.002
China Sunsine0.490-0.005
DISA0.003-
Food Empire0.540-
Fortress Minerals0.3500.010
Geo Energy Res0.4000.005
Golden Energy0.5050.005
GSS Energy0.053-
InnoTek0.475-0.005
ISDN Holdings0.480-0.005
ISOTeam0.106-
IX Biopharma0.1650.001
Jiutian Chemical0.092-
KSH Holdings0.345-
Leader Env0.059-
Medtecs Intl0.176-0.001
Meta Health0.033-0.001
Moya Asia0.0620.001
Nordic Group0.420-0.005
Oxley Holdings0.168-0.006
REX International0.230-
Riverstone0.700-0.005
Sinostar PEC0.225-
Southern Alliance Mining0.670-
Straco Corp.0.380-
Sunpower Group0.3900.005
The Trendlines0.095-0.001
Totm Technologies0.135-
UG Healthcare0.2150.005
Uni-Asia Group1.100-0.010
Wilmar Intl4.1700.010
Yangzijiang Shipbldg0.9500.010

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