sharetrader
Page 1 of 2 12 LastLast
Results 1 to 10 of 21

Hybrid View

  1. #1
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,283

    Default GEN.General Capital Ltd.

    177,874,887 shares on issue,giving a market cap of $8,893,744 at 5 cents.
    eps 0.29 with a PE of 17.24
    MD is Brent King.
    This mornings up grade was positive.
    https://www.nzx.com/announcements/386510.

  2. #2
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,283

    Default

    Interesting noting some GEN shares traded at 7 cents today.
    Up 40% since my last post nearly a year ago.
    Perhaps they will be up another 40% in a year's time.?
    Last edited by percy; 13-01-2023 at 04:46 PM.

  3. #3
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,928

    Default

    Quote Originally Posted by percy View Post
    Interesting noting some GEN shares traded at 7 cents today.
    Up 40% since my last post nearly a year ago.
    Perhaps they will be up another 40% in a year's time.?
    It would not surprise me. I purchased a few at 5.4 a few months ago after talking with Brent and doing my own analysis. Time will tell.

  4. #4
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,283

  5. #5
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    38,042

    Default

    Lots of numbers but not much comment

    Suppose it’s good
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #6
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,283

    Default

    Quote Originally Posted by winner69 View Post
    Lots of numbers but not much comment

    Suppose it’s good
    Their capital ratio is 24.66%.
    Very sound.In fact too sound.
    Means they have not increased their loans enough.
    Therefore plenty of capital to substantially increase their lending.
    I guess a good place to be in this market.

  7. #7
    Senior Member
    Join Date
    Oct 2013
    Posts
    714

    Default

    The current climate suggests an inflexion point in external factors has beenreached and, along with our recently strengthened team, the group feels readyto bring us to “the next stage” to which we aspire, namely $250m of total assets.Reaching this goal should be a measured march, prudence always paramountand undue risk-taking not an option.In moving forward, we remember those who supported us strongly in the past.We record our thanks to former directors Lyn Lim and Simon McArley for theirservice and who served the group since the reverse listing, contributingsignificantly during our early growth period.Finally, in 2024, after three years of profitability and subject to shareholderapproval, the group should contemplate a dividend payment to properly rewardour shareholders for their support and loyalty.

  8. #8

  9. #9
    Guru Rawz's Avatar
    Join Date
    Jun 2020
    Location
    Auckland
    Posts
    4,021

    Default

    There is another GEN thread for many more posts. How do both threads get merged? Or this thread cancelled?

  10. #10
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,283

    Default

    Sitting on too much capital.
    I guess it could be said they are "well positioned".

    http://nzx-prod-s7fsd7f98s.s3-websit...598/405908.pdf

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •