Not totally ignored or forgotten Weined01 - I stumbled across Greencap a few months back when researching "green" companies. I have slowly accumulated a position - has to be slow given the low liquidity.
They have a good growth story - both by acquisition and organically; with a few good contract wins in the past year. Their June 1/4 cashflow report on Friday was as forecast giving total customer receipts for the year to 30-June of $65m.
Patersons research in Feb-09 forecasted an NPAT of $6.8m with fully franked divi of 1.8cents. You can read their full research report on Greencap's website at www.greencap.com.au
I'll be pleasantly surprised if the divi is that high given the current climate. Anyway they announce their results sometime in the second half of August so all will be revealed then.
Do your own research; I do not offer investment advice.
Not totally ignored or forgotten Weined01 - I stumbled across...
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