Australian (ASX) Stock Market Forum

GCG - Greencap Limited

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Jul 22, 2009
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*Operating cash-flow for September 2009 quarter $1.46 million

*Cash-flow for rolling 12 months to 30 September 2009 +$ 6.5 million.

*Closing cash balances $ 4.8 million.

* 7 quarters of positive cash flow.

* Recently backed out of merger negotiations, looking at organic growth.

Don't hold this stock but has low PE, MACD signaling a buy, certainly not overbought (actually not huge liquidity at all). OBV is on the wrong side of the line however.

Also, GCG has recently paid a dividend, a seemingly bold move and an indicator they are confident and feeling positive about their company.

The business plan seems pretty sound from what I can see.

I don't hold any, but was wondering if anyone did, or if anyone has an opinion, idea or information that could be helpful.
 
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just bought in at 0.145, seems cheap to me! low PE, no debt, good trade volume ATM, the environmental risk management sector has HUGE growth potential imo .... sounds like a bargain to me! :2twocents
 
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i had a look at this one, I'm not sure what they actually do though and how scaleable their business is. Exactly what does a risk management consultancy business do.
 
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i had a look at this one, I'm not sure what they actually do though and how scaleable their business is. Exactly what does a risk management consultancy business do.
the best way to understand what they do is look up their website as they have various 'sub-companies' that are involved in the same industry but in different but similar capacities.
 
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Big decline again back to 10 cents on huge volume. An institution giving up? Major shareholder selling? Hoping for a rise eventually but clearly patience is necessary. Anyone any thoughts?
 
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May 20, 2010
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This stock have a great quality but why the stock price show the other way around? Is this a speculative stock? :confused:
 
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On November 29th, 2013, Greencap Limited (GCG) was removed from the ASX's official list following the implementation of the scheme of arrangement whereby Wesfarmers Industrial and Safety Pty Ltd, a wholly owned subsidiary of Wesfarmers Limited (WES) acquired all of the Company's securities.
 
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