GAP gale pacific limited

1.02%

9.7¢

Words are cheap for small companies. The discontinued buyback...

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johnmcgee

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23/05/18

12:30

Post #: 33269045
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Originally posted by Autosime ↑

After a little contemplation decided to buy some at 36c
Reasoning is that the mid point of the profit guidance is only about 1.1 m less than last years. Next year has a very high probability of being a record year and in the end I am holding this business of a 3-5 year plus hold and one needs to look at total returns over this period . Large Capex will be over this year and thus future profitability will result in cash build and most likely higher dividends . With a 5.5% yield , a PE 40% below the market , a balance sheet that’s very solid and growing US earnings I concluded is a pretty robust investment . One thing i heard recently at a fund manager small caps conference is to look for stocks that have little or no coverage and yet are sound investments and buy them before they goes to hit the radar of research houses and fund managers

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Words are cheap for small companies. The discontinued buyback despit a lower price and the sale by Pritchard make it clear management don’t think this company is a screaming bargain.

That said, it is a relatively reliable and above average return small company which has me still comfortable holding

GAP Price at posting: 36.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 9.7¢		Change -0.001(1.02%)		Mkt cap ! $27.60M

Open	High	Low	Value	Volume
9.7¢	9.7¢	9.7¢	$21	221

Buyers (Bids)

No.	Vol.	Price($)
1	150000	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
9.7¢	12079	1

View Market Depth

No.	Vol.	Price($)
1	150000	0.095
2	72089	0.093
1	97000	0.092
1	103365	0.091
1	11120	0.090

Price($)	Vol.	No.
0.097	12079	1
0.098	21615	1
0.099	200000	1
0.105	20000	1
0.150	16740	2

Last trade - 12.50pm 01/08/2025 (20 minute delay)

GAP (ASX) Chart

Words are cheap for small companies. The discontinued buyback...

Week 31 Wrap: Oz core CPI @ 2.7%! But here come tariffs. Again. Next Friday

DeSoto lands key exploration rights for Syncerus gold project in Guinea

Everest Metals dips as company clocks low gold grades at Taipan, WA

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Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

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Crickets as Horizon Oil unveils new project picked up in Thailand

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Words are cheap for small companies. The discontinued buyback...

Top Stories

Week 31 Wrap: Oz core CPI @ 2.7%! But here come tariffs. Again. Next Friday

DeSoto lands key exploration rights for Syncerus gold project in Guinea

Everest Metals dips as company clocks low gold grades at Taipan, WA

Market shrugs off Bellevue's 'conservative' FY26 guidance

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

'Rising demand': Lakes Blue Energy starts well-timed Wombat-5 gas drilling

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

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Crickets as Horizon Oil unveils new project picked up in Thailand

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News