Quote:
quote:Originally posted by k1w1
Warthog, Tower and T& G seem to be turned around to me. Capral is about a year away and Coates is a while to go as are some of the more minor ones.
In my five year old way I have decided that Tower and T &G will be where GPG make their profits in the short term. So I will try and get my return by directly investing in them rather than get it by the profits going back to GPG, get diluted in the Coates turn around, get the directors fees cut off the top, be paid in paper with bonus shares which dilute EPS and not rely that Coates will turn around.
The market sentiment, history and shareprice show that GPG is priced on the basis that it will succeed with its works in progress. My personal view is that if something does go wrong with Coates then the SP will be revisited as happened to BRY with its hotel project.Even if it doesnt go wrong its a big turnaround with a large number of things that could take more time than first thought.
Its a risk I can eliminate by moving out of GPG in the short term and directly into its two projects most likely to be successful this year and be rewarded by the market.
If I am wrong and T&G and Tower dont make substantial returns for shareholders then I lose my gains from holding on to GPG. Although I have the insight of a five year old I promise not to cry if this happens.:)
:D