GTK - Gentrack

**BlackPeter** · 08-04-2019, 11:38 AM

Originally Posted by Snow Leopard

Have not had a really serious look at this in years but it always seems over-priced to me.

You are right - despite the recent drop - a forward PE of 27 in combination with a EPS forward CAGR of 10 looks still pretty dear. Even dearer than the big international ERP giant SAP (With a forward PE of 22.5 and a EPS forward CAGR of 12; And nobody knows what BREXIT will do to GTK if and when it happens

;

Mind you - there are more expensive companies currently on the NZX which are maintaining an uptrend - must be one of these "the market is always right" situations.

Discl: decided to watch the recent downtrend from the sidelines and not yet back in;

**percy** · 08-04-2019, 11:45 AM

The large number of acquistions which could go wrong put me off.

**macduffy** · 09-04-2019, 04:43 PM

Originally Posted by RTM

Speaking of cash looking for a new home....saw this in a recent communication. Suspect it will have a positive effect on the market as well...when it happens.

“With UDC having advised the market in January 2019 that it will repay ALL deposits in Mid/Late 2019, investors are seeking alternatives.

“There appears to be a market awareness that the size of this repayment ($922 million) will make it hard to for investors to find alternate investments. “

To clarify, UDC have been repaying investments as they mature for a few months now but are offering deposit on their Call A/c meanwhile. What their plans are here haven't been stated but arguably the "surplus cash effect" on the market is already being felt, to some extent.

**sb9** · 23-04-2019, 04:43 PM

2 55 4:10:13 pm 555 850,000 $4,717,500 Off market

Big crossing between a keen buyer and seller.

**King1212** · 24-05-2019, 09:20 AM

Result out..no big surprising..everything was given during annual shareholder meeting

**sb9** · 24-05-2019, 09:50 AM

Originally Posted by King1212

Result out..no big surprising..everything was given during annual shareholder meeting

Yes, no big surprises there as expected. Pass mark in my books.

**King1212** · 24-05-2019, 01:13 PM

Down 9%...I don't think it that bad .....Result seems okay...

**forest** · 24-05-2019, 01:29 PM

Originally Posted by King1212

Down 9%...I don't think it that bad .....Result seems okay...

Results might not be that bad however for the little growth of 5% in revenue GTK has a very high P/E of 30 something.
I think the current share price is hard to justify for the limited growth this company is producing at present.