GTK - Gentrack

[MauroNZ]

Interesting drop. I remember when Craigs recommended me this share in May 2015 it was at $2.41 but their report didn't sell it to me. Then I was a kind of regret seeing how it went up.

Now is sharp falling nice or a buying opportunity?.

[percy]

Interesting drop. I remember when Craigs recommended me this share in May 2015 it was at $2.41 but their report didn't sell it to me. Then I was a kind of regret seeing how it went up.

Now is sharp falling nice or a buying opportunity?.

Craigs now rate GTK as a hold.
Today's research paper would be very sober reading for any holder, and I take it as a warning for non-holders to avoid GTK.

[winner69]

Craigs now rate GTK as a hold.
Today's research paper would be very sober reading for any holder, and I take it as a warning to avoid.

Yep, a ‘detailed reforecasting’ exercise by GTK could mean anything

Especially when they mention problems in global utilities markets ..it more than this UK problem they highlighted

[iceman]

Interesting drop. I remember when Craigs recommended me this share in May 2015 it was at $2.41 but their report didn't sell it to me. Then I was a kind of regret seeing how it went up.

Now is sharp falling nice or a buying opportunity?.

I was in a similar situation. Bought 3 years ago at $2.90 but sold 5 months later around $5.00 despite liking the company. Then spent 2 years regretting having sold. Sad to see how this is going but in my view the current price does not justify buying into a company that is issuing downgrade after downgrade and we have seen a very suspicious trading activity a day before another downgrade is issued. They are certainly off my "should I buy" watchlist.

[winner69]

Good headline in April this year NZ Herald

Craigs Investment: sell Summerset, buy Gentrack and Scales

[Dlownz]

Lol. And it hasn't found the bottom yet.

[Joshuatree]

Its been someones next big thing pet on Craigs
re 14 buys reccos and 3 "holds" since 2017. Not one avoid or sell .

[Balance]

Its been someones next big thing pet on Craigs
re 14 buys reccos and 3 "holds" since 2017. Not one avoid or sell .

Well, how could Craigs possibly ever put a 'SELL' on GTK?

The Buy they had until recent times put them in GTK's good books to be one of the underwriters of the $90m capital raise in 2018 - at $6.19 per share (ouch!).

Now they are stuck with some pretty unhappy clients so must keep the faith, see?

BUY = HOLD.

HOLD = SELL.

[MauroNZ]

I was in a similar situation. Bought 3 years ago at $2.90 but sold 5 months later around $5.00 despite liking the company. Then spent 2 years regretting having sold. Sad to see how this is going but in my view the current price does not justify buying into a company that is issuing downgrade after downgrade and we have seen a very suspicious trading activity a day before another downgrade is issued. They are certainly off my "should I buy" watchlist.

It seems that sometimes is better to take some profit and stay on the sidelines.

[MauroNZ]

Good headline in April this year NZ Herald

Craigs Investment: sell Summerset, buy Gentrack and Scales

That makes reminds me when in 2013 they recommended me WHS instead of HLG, both went down the following 2 years but at least HLG recovered.

I'm far to be as knowledgeable as many are in this forum but with the little I know I don't think Craigs get it right usually.