GESI Stock Forecast

GESI Stock Forecast: Latest Price

GESI Stock Forecast Update: What Lies Ahead

A worthy investment in form of ColdPro- GESI owns a 49% interest in ColdPro Ltd., a UK company specializing in waste management. The waste treatment sector is quite large in the UK and ColdPro holds an Approved Authorised Treatment Facility (AATF) license the probable competitors of the company are Biffa PLC and Sims Metal. As per law, every refrigerator in the UK has to be recycled by AATF licensed company and cold is one of the three companies in the entire UK. So, this acquisition sounds great on paper, but it will be interesting how it pans out in the coming months.

Gemerska Poloma arbitration case- GESI has an association with EuroGas Inc, and a potential arbitration award of EuroGas against the Slovak Republic, a full member of the European Union, is pending in court worth $15 billion. EuroGas Inc is claiming alleged illegal exploration of previously owned mines by EuroGas in the world-renowned Gemerska Poloma talc deposit, one of the largest and purest talc mines in the world. EuroGas has already submitted the claims against the Slovak Republic and has served the so-called “Trigger Letter” to the President of the country as required by the World Bank. Also, EuroGas Inc has an ongoing lawsuit against Austria’s Schmid Industries and its Austrian banks in the US Federal Court. The outcome of these two will directly impact GESI, and a positive outcome in the favor of GESI will boost the capital structure and balance sheet of the company.

GESI Inc terminates the Arbitration token initiative- The company on September 1, 2022, has decided to terminate Arbitration Token Initiative effective immediately. The decision is based on the fact that there are uncertainties regarding the regulatory environment of cryptocurrency and tokens and that is likely hampering the traditional sources of funding for the company.

GESI Inc has a meaningful collaboration in terms of ColdPro, adding to it the positive outcome of an arbitration case against the Slovak Republic and Schmid Industries, which will add a lot of value for the company and the share price.  

GESI Stock Forecast Today

UTC: Sep 24th, 2023 05:40 PM
Overall OutlookNeutral
1. Market's WisdomPartially Bearish
1a. Market DataPartially Bearish
1b. Technical RecommendationNeutral
2. Crowd's WisdomNeutral
2a. Social Media BuzzSteady
2b. Social Media SentimentSteady

Also read: EFOI Stock Forecast

 GESI Forecast: Stock Dividend History

As per the record of NASDAQ, GESI Stock has no record of providing dividends against their stock throughout either lifespan.

GESI Stock Forecast: Buy or Sell?

EuroGas Inc. whose assets are owned by GESI has recently announced criminal charges against Robert Schmid because the parties were suspected of corruption and more. They published forward-looking statements in regard to the incident. While gaining confidence with that move, GESI has declined which might be a combined result of the Fed hike and GESI currently not paying a regular dividend.

The entire industry seems to be having a slowdown, although not as much as GESI. It is experiencing selling pressure right now which might restrict the bearishness any soon. Those who hold on to it for the long term while the company settles down at the new rates and is able to cope might benefit from it.

GESI Stock: Latest News

gesi stock forecast

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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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