GTK - Gentrack

[sb9]

Thanks LEK, will try and listen to the call transcript later on. With today's price move, its almost in old GTK price territory where it traded in 6-7 range. Looks like Gary and team are firm on their target to beat EPS hurdle to get their bonus by FY26.

[sb9]

Listened to investor call script, Gary has some bullish commentary and statements about what's ahead. No wonder they negotiated such a juicy LTI scheme for senior execs with Board. Gary is in Trans Tasman region for next 3 months or so and going by the commentary on the call he's here to negotiate some big deals. No wonder sp reacted so bullish and continues to rally hard.

Could well be $6+ very soon, apart from big players don't think much free float available in the market, hence such big gyrations in price.

[LaserEyeKiwi]

Crikey! That Australia tour management are doing must be scooping up some new institutional investors at quite the pace.


IMG_0931.jpg

[sb9]

Haha, guess all the attention was on TRA’s index inclusion, no one even said a word about GTK’s prospect of inclusion and they got in ahead of TRA.

No wonder price been rallying so hard post results this week. Still got couple of weeks of fun to go. Keeping on my target price to lock in some profits before that.

GTK is now biggest holding in my portfolio being at the bottom for past 2 years, very chuffed 😊

[daveypnz]

GTK added to the NZX 50?

Can't find any news; those links didn't work

edit: DW found it on NZX website

[alokdhir]

Haha, guess all the attention was on TRA’s index inclusion, no one even said a word about GTK’s prospect of inclusion and they got in ahead of TRA.

No wonder price been rallying so hard post results this week. Still got couple of weeks of fun to go. Keeping on my target price to lock in some profits before that.

GTK is now biggest holding in my portfolio being at the bottom for past 2 years, very chuffed 

To be fair all were talking about GTK inclusion along with TRA ...but as its non retail stock with no dividends etc thus not much interest from retail investors here ...also it was even more thinly traded then TRA .

Index inclusion happened exactly as told !!

[silverblizzard888]

Stocks got a lot of potential in the long run from the energy sector, but based off there recent result and forecast for the current financial year I'm not sure I get where the fuss is considering the market cap is $638m, but only a $10m profit that doesn't look like it'll be growing too much in the current financial year, though probably valued based off a revenue multiple.

Decent gains for those holding, this is a stock I would of had trouble picking, but nice work to those who saw the vision. This stock has gone from $1.35 in September 2022 to $6.19 today thats a 358% gain in 16 months.

Market cap: $638m

• Revenue: $169.9m – up 34.5% on FY22
• EBITDA: $23.2m – up $15.1m over FY22
• Statutory NPAT: $10.0m profit v $3.3m loss in FY22

FY24 guidance
•Revenue $170m
•EBITDA between $20.5m and $25.5m.

[LaserEyeKiwi]

Stocks got a lot of potential in the long run from the energy sector, but based off there recent result and forecast for the current financial year I'm not sure I get where the fuss is considering the market cap is $638m, but only a $10m profit that doesn't look like it'll be growing too much in the current financial year, though probably valued based off a revenue multiple.

Decent gains for those holding, this is a stock I would of had trouble picking, but nice work to those who saw the vision. This stock has gone from $1.35 in September 2022 to $6.19 today thats a 358% gain in 16 months.

Market cap: $638m

• Revenue: $169.9m – up 34.5% on FY22
• EBITDA: $23.2m – up $15.1m over FY22
• Statutory NPAT: $10.0m profit v $3.3m loss in FY22

FY24 guidance
•Revenue $170m
•EBITDA between $20.5m and $25.5m.

See the last page of discussion. Strong underlying growth guided for in 2024 is masked by a large chunk of 2023 revenue that is not going to be present in 2024 (failed UK power companies that are customers who no longer exist)

[LaserEyeKiwi]

Gadzooks!

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[LaserEyeKiwi]

The poor b@stard at this firm who dumped 1% of total outstanding shares, only to see a huge move to the upside in the days afterward. Thats at least half million dollars in foregone gains.

http://nzx-prod-s7fsd7f98s.s3-websit...907/408877.pdf