Framework Journal · one stock, one dated entry

Recorded 2026-07-19 · Permanent

New Concept Energy Inc GBR

Clears both ethical standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · New Concept Energy, Inc.

The label
Distribution

read at $0.64

New Concept Energy Inc holds its Distribution at $0.64.

PHINPOOPSC
  • PHPhase · the trend structure carries the Distribution label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-19
PhaseDistribution · caution
Quantitative stateThe statistical read favours the sellers, held for 32 days
Price$0.64
ValuationN/A trailing · N/A forward price to earnings
Values screenPASS · score 70.0
Beta0.95

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Revenue growth2.6%
slow but positive growth
Profit margin-25.6%
currently unprofitable
Return on equity-0.9%
not currently earning a positive return on equity
Current ratio5.94
comfortably covers its short-term bills
Beta0.95
steadier than the market
Market cap$3M
Employees2

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in GBR's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework has shifted from markdown to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 13.9% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 16%. Our forward projection puts the odds of a 10% gain over the next month near 25%. Entered 2026-07-31 · Distribution

The dated journal · newest first, never edited

2026-07-31 Distribution · changed $0.64 -13.9% Entry 4

The framework has shifted from markdown to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 13.9% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 16%. Our forward projection puts the odds of a 10% gain over the next month near 25%.

2026-07-18 Markdown $0.74 +0.0% Entry 3

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 16%. Our forward projection puts the odds of a 10% gain over the next month near 25%.

2026-07-03 Markdown $0.74 +0.0% Entry 2

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

2026-07-02 Markdown $0.74 Entry 1

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $0.76 +1.3% · $1,013 +1.3%
2 months $0.74 +4.1% · $1,041 +4.1%
3 months $0.99 -22.2% · $778 -22.2%
6 months $0.84 -8.3% · $917 -8.3%
1 year $0.92 -16.3% · $837 -16.3%
2 years $1.53 -49.7% · $503 -49.7%
3 years $1.10 -30.0% · $700 -30.0%
5 years $4.91 -84.3% · $157 -84.3%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever GBR does next, these words stay.

New Concept Energy Inc · GBR · Distribution · $0.64
Recorded 2026-07-19 · before the outcome · scored mechanically

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