Maybe, but it depends on what the new plan is. It's cheap and has good recurring revenue and a clean balance sheet so it could be ok, but the growth story is probably dead for a while.
The annuity revenue stream will probably go down over the next few years as the UK and Aus markets consolidate (due to idiotic government price caps essentially part-way nationalizing energy distribution, which places huge pressure on GTK's clients to lower costs and not invest), and if they're losing Big 6 clients (like Elo) to Octopus/Kraken then it's not clear where the growth comes from.
An analog here is GBST - they were fine for a long time, then Bravura came up with a better mousetrap and killed them.
- Forums
- ASX - By Stock
- GTK
- Interesting down here...?
Interesting down here...?, page-15
-
- There are more pages in this discussion • 1 more message 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 GTK (ASX) to my watchlist
|
|||||
Last
$9.62 |
Change
0.130(1.37%) |
Mkt cap ! $995.5M |
Open | High | Low | Value | Volume |
$9.62 | $9.85 | $9.60 | $1.785M | 183.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 495 | $9.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.66 | 495 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 9.550 |
1 | 156 | 9.490 |
1 | 3 | 9.480 |
1 | 106 | 9.400 |
2 | 566 | 9.100 |
Price($) | Vol. | No. |
---|---|---|
9.740 | 127 | 1 |
9.800 | 1800 | 2 |
9.810 | 700 | 1 |
9.910 | 1173 | 1 |
9.950 | 900 | 1 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
Featured News
GTK (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online