GEN.General Capital Ltd.

[percy]

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.

[percy]

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.?

[blackcap]

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.

[percy]

http://nzx-prod-s7fsd7f98s.s3-websit...323/400331.pdf

[winner69]

http://nzx-prod-s7fsd7f98s.s3-websit...323/400331.pdf

Lots of numbers but not much comment

Suppose it’s good

[percy]

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.

[percy]

GEN agm today.
Presentation,and Brent King's speech notes..
http://nzx-prod-s7fsd7f98s.s3-websit...009/401281.pdf
http://nzx-prod-s7fsd7f98s.s3-websit...009/401283.pdf

[clip]

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.

[Sideshow Bob]

https://www.sharetrader.co.nz/showth...MyKRIS)/page20

[DarkHorse]

GEN agm today.
Presentation,and Brent King's speech notes..
http://nzx-prod-s7fsd7f98s.s3-websit...009/401281.pdf
http://nzx-prod-s7fsd7f98s.s3-websit...009/401283.pdf

Great thanks Percy!

This comment's a bit paradoxical: "The start to the 2024 year is less buoyant than last year, however we are currently trading ahead of last year."

Can anyone kindly shed some light of this?