Golden Energy and Resources (GEAR)

SINGAPORE (Dec 1): Indonesian coal producer Golden Energy and Resources (GEAR) is acquiring a stake in an up-and-coming gold mining company in Australia.

SINGAPORE (Nov 30): Golden Energy and Resources (GEAR) is making a foray into Australia’s gold mining sector.

SINGAPORE (Nov 22): Phillip Securities Research is keeping its “buy” call on Golden Energy and Resources (GEAR) with an unchanged target price of 59 cents on the back of a buoyant coal price and healthy sales.

SINGAPORE (Aug 18): KGI Securities is maintaining its “buy” call on Golden Energy and Resources (GEAR) with an unchanged target price of 78 cents, and says the mining company is “severely undervalued”.

SINGAPORE (Aug 14): Golden Energy and Resources (GEAR) has announced earnings of US$11.8 million ($16.0 million) for the 2Q ended June, reversing out of losses of US$1.2 million a year ago.

SINGAPORE (May 26): Since 2013, the Singapore Exchange has allowed non-producing mining companies to list on the Mainboard if their market values are at least $300 million based on the issue price and post-invitation issued share capital.

This past week saw the Straits Times Index slip five points and our Singapore Market Portfolio lose 0.6% of its value. Just three of the 12 stocks in our portfolio experienced a gain: Coal miner Golden Energy and Resources (GEAR) was up 2.3%, Singapore Ex

SINGAPORE (May 12): The Straits Times Index is on a tear. In the one-week period to May 9, the benchmark index gained 1.2%, buoyed by strong results from the banks. Notably, shares of DBS Group Holdings, Oversea- Chinese Banking Corp and United Overseas B

SINGAPORE (Feb 28): Golden Energy and Resources (GEAR) swung back to profitability with full year earnings of US$21.8 million ($30.6 million), from a net loss of US$9.4 million a year ago.

SINGAPORE (Feb 20): Golden Energy and Resources (GEAR) is up 1.5 cents or 2.9% to 53.5 cents with 5 million shares traded.