I’ve beforehand written about Geo Vitality Assets (“GER”) and their most up-to-date half-year 2024 outcomes announcement warrants additional examination. At face worth, the outcomes seem constructive. Nonetheless, if we exclude “Different Positive aspects”, internet earnings would have decreased to US$3.0m. This probably explains the low dividend declared as per the HY2024 report.
For my part, it’s smart to stay cautious given the decline in coal costs from file highs in 2022 to earlier in 2023.Â
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| Coal Costs from 2020 until Aug 2024 / Supply: tradingeconomics.com |
That mentioned, performing on impulses to bail out of your place now can be short-sighted. GER future seems to be promising because of the following causes:
The fast improvement of AI and information facilities in SEA continues to drive up monumental
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