Great report Abucs,
Julia,
What you say is spot on and I don't disagree with you. You are also correct in that no matter what I think or value the company at .......at the end of the day it will be the broader market that values the company and hence its SP. AT the moment i don't see a...
Hi Nicks,
How is the GTP SP playing out on a technical front....are you still Bullish even after the recent panic selling because of the uncertainty RE: tax ruling. I mean if the SP falls as it did last year prior to the ruling do you see it well supported at $3.80 first and then $3.50...
Julia,
Do you honestly think the government will change their policy to hinder the plantation industry???? It is the usuall banter every year by the AFR regarding tax schemes and every year the government reinforces the ruling by extending. I don't think it will be different this year. But...
Hi all GTP holders,
announcement out regardng the upcoming US global roadshow...apparently GTP is conducting a roadshow in the States as of tomorrow i think....so it should be interesting times ahead.......buckle up. hopefully they like our business model and purchase some (lots of) stock...
Hi Michael,
Don't forget that the EPS shown on comsec web is diluted EPS (358Million shares expanded base if all TREES and Options converted).
Essentially the EPS of 44.4 cents is based on around $400 million sales figure
if you believe the Sales will be $450 the EPS goes to 47.3 cents...
Hi Michael,
My revised sales forecasts are as follows: -
1. Timber plantations = $108 million + $265M (same figure as last years second half result - hopefully proves to be conservative) = $373M
2. Vineyards - Based on the 1000 Ha projection = $80 but lets book in $75M
3. Olives -...
I don't know about that....I think you'll see some major buying in the next two weeks..The company will be holding some Institutinal Roadshow presentations to investment bankers and to other institutional investors in the coming days....this should spark some interest....the good figures coming...
Results are out. Woooooo eeeeee 219% increase in revenues and $108 million in plantations alone an increase of 70%. this is a very good result....
Go GTP should hit $4 tomorrow....................... :D
Duckman#72 and abucs
For one they can delete that dreadful sunset clause......so that the 12 month pre-payment rule stays in place until 2020 at least...that way the sector and the respective companies won't have to wait with bated breath each time it is up for renewal (as is the case in June...
Re: FUN - Funtastic
Yes I too am a fan. I bought FUN when they were 70cents and rode them to $2.70. Then the downgrade came and I got out at $2.10. I also got back in at $1.585 recently......very cheap in my view......
hopefully not long before back over $2.00 and then some..... :D
The higher result will benefit the "grower investors" not the "shareholder investors" as per se. i.e. they will get a better return on their invested capital. The individuals that invest in their timber plantation products.
Michael,
Their EPS was affected last year due to the acquisition of the two companies
Environmest and the Tiwi Island Plantations as they issued more shares resulting in the dilution of the share registry. It is a short-term pain for a long term gain. they have approximatlety 300Million shares...
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