gtp seriously undervalued! This is a truly undervalued stock even at its current price.
If you follow the principles of value investing this one is the one to buy.
NTA for this stock is $1.13 and $0.60 of it is cash the rest of it is property. It has a current PE ratio of about 7.0 and it has an amazing operating history of 10 years. At its current price, if you subtract the cash from the stock price and calculate its PE, it is only 3-4!!!!! Plus it has very good growth potential for the comming 2 years. First harvest in 2004 which will add more to their profit and validate the soundness of their business.
If it wasn't for the tax rule scare 2 years ago, this stock would have easily been $3 now.
My medium term prediction for this stock is $2.00
- Forums
- ASX - By Stock
- gtp double tops ?
gtp seriously undervalued! This is a truly undervalued stock...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GTP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online