GEN - General Capital (was MyKRIS)

[RupertBear]

Geez Percy this thing just keeps going up and up! BOOM to the Moon!

[percy]

Geez Percy this thing just keeps going up and up! BOOM to the Moon!

Pleasing seeing the share price rise on good volume.
Next few company updates should be interesting.

[blackcap]

Pleasing seeing the share price rise on good volume.
Next few company updates should be interesting.

I am getting tempted to take a little off the table, but think its got a bit more to go with the new appointments and what they have achieved in the last 6 months. Looking for a 15 cent or so partial exit...

[nztx]

Pleasing seeing the share price rise on good volume.
Next few company updates should be interesting.

Very interesting - Percy .. more run left in - you reckon ?

Tempted to give it a bit of a hand

[percy]

Very interesting - Percy .. more run left in - you reckon ?

Tempted to give it a bit of a hand

Read all the announcements for the past 6 months.
Then decide for yourself.

[nztx]

Not staying on fully for a longer ride after 15 pennies mark - blackcap ?

[percy]

Been awhile since any one has posted on this thread.
GEN.General Capital Ltd.
Shares on issue 212,657,496
Market cap at 5 cents is $10,657,875
EPS..0.29
PE..17.24
NTA 4.3 cps
Recent market update is positive.

https://www.nzx.com/announcements/386510

Appears GEN has found a niche with its bridging finance offerings.
I note they have been successful placing shares at prices higher than the current share price.
I have put the wife's small toe in the water testing it.

Above post nearly a year ago on 29-03-2022.
New shareholder via a placement has 23.92% of the company,and has appointed 2 new directors,Megan Glen and Anton Douglas.
The Chairman [Rewi Bugo] holdings are via Borneo Capital and total 34.91%.
Brent King has 2 holdings [maybe more/] that total 10.17%
These 3 major shareholders control 69% of the shares.
Total number of shares now on issue ;363,574,975.
Market cap at 11cents is $39,993,247.
So we can see at lot has happened during the past year.
We now have to wait for announcements as what will happen during the next year and beyond.

A year ago I put the wife's big toe in to test the waters.
She is now up to her head in the waters...lol.

[percy]

[xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

[RupertBear]

Above post nearly a year ago on 29-03-2022.
New shareholder via a placement has 23.92% of the company,and has appointed 2 new directors,Megan Glen and Anton Douglas.
The Chairman [Rewi Bugo] holdings are via Borneo Capital and total 34.91%.
Brent King has 2 holdings [maybe more/] that total 10.17%
These 3 major shareholders control 69% of the shares.
Total number of shares now on issue ;363,574,975.
Market cap at 11cents is $39,993,247.
So we can see at lot has happened during the past year.
We now have to wait for announcements as what will happen during the next year and beyond.

A year ago I put the wife's big toe in to test the waters.
She is now up to her head in the waters...lol.

She is a very trusting wife. Sounds like she is well positioned

[blackcap]

Not staying on fully for a longer ride after 15 pennies mark - blackcap ?

I definitely will stay on. Taking my initial investment off the table at that mark. Got in at about 5.5 after doing some digging on the company and having spoken with Brent King. That said, tis speculative but they have been doing all the right things and I though at 5.5 that it was undervalue and since then they have done good things.
Happy to let this one ride but going to take some off the table at the right time.