T.U.B Investing

I have previously written about Geo Energy Resources ("GER") and their most recent half-year 2024 results announcement warrants further examination. At face value, the results appear positive. However, if we exclude "Other Gains", net income would have decreased to US$3.0m. This likely explains the low dividend declared as per the HY2024 report. Geo Energy Resources Income Statement In my view, it is wise to remain cautious given the decline in coal prices from record highs in 2022 to earlier in 2023.  Coal Prices from 2020 till Aug 2024 / Source: tradingeconomics.com That said, acting on impulses to bail out of your position now would be short-sighted. GER future looks promising due to the following reasons: 1. Spike in Energy Demand for South East Asia ("SEA") - Source: 1 , 2 , 3 , 4 , 5 , 6 , 7 The rapid development of AI and data centers in SEA continues to drive up enormous energy needs to power computing infrastructure. As data centers require relia...

I've been extremely busy with work over the last few months. As a result, I didn't realize it had been over 3 months since my last written update on this blog.  Despite that, I decided it was time for a follow up on a company I've been watching closely - Beng Kuang Marine ("BKM").  A lot has happened with their share price since my last write-up . It peaked at over $0.30 after being at $0.168 previously. Now it has pulled back to around $0.210. Beng Kuang Marine Share Price / Source: InvestingNote I distinctly recall the first time I covered BKM back when their share price was just $0.061! They've undoubtedly come a long way since. Most recently on 5 Aug 24, BKM announced their half-year financial results. Beng Kuang Marine Income Statement While the results were impressive, the profit margins alone do not fully capture the significance. Even removing the $5.5 million one-time gain from disposing of the Batam shipyard, BKM remained profitable. This highlights...