GTP 0.00% 12.0¢ great southern limited

half yr ann out is it good..., page-4

  1. 2,317 Posts.
    russell, i dont normally post just read but i appreciate looking at your charts so thought i would tell you what i know about GTP. My broker has be pushing this stock for some time even at $3 , lucky I got in at $1.96. Prev GTP was rated as an income stock because of the good dividend rates, yield around 8%. I think its fair to say some would be rating it as a income/growth stock now. Its foresty products are in very high demand and now being able to trade MIS products on secondary market support growth. The concerns for some would be a 4c dividend which may be seen as defensive and not confidence inspiring and the drought. In my opinion if we have good winter rain and another healthy profit next reporting period - $3.50 price target by december is on the cards. Russell I would be very interested if you had any charts on LYC.
 
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