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: 

You may also be interested in:


You have no rights to post comments

Counter NameLastChange
AEM Holdings2.2600.120
Avi-Tech Electronics0.265-
Best World1.6800.050
Broadway Ind0.0990.012
China Sunsine0.4050.015
ComfortDelGro1.3800.030
Delfi Limited0.965-
Food Empire1.440-
Fortress Minerals0.280-
Geo Energy Res0.3350.005
GSS Energy0.026-0.001
Hong Leong Finance2.470-0.010
Hongkong Land (USD)3.250-0.130
InnoTek0.445-0.005
ISDN Holdings0.320-
ISOTeam0.035-
IX Biopharma0.045-
Jiutian Chemical0.0260.001
KSH Holdings0.250-
Leader Env0.050-0.001
Medtecs Intl0.131-0.001
Nordic Group0.3400.005
Oxley Holdings0.090-0.001
REX International0.1350.002
Riverstone0.6900.015
Sinostar PEC0.138-0.002
Southern Alliance Mining0.600-
Straco Corp.0.500-0.030
Sunpower Group0.220-0.010
The Trendlines0.085-
Totm Technologies0.023-
Uni-Asia Group0.815-0.025
Wilmar Intl3.3400.020
Yangzijiang Shipbldg1.7800.030
 

We have 381 guests and no members online

rss_2 NextInsight - Latest News