177,874,887 shares on issue,giving a market cap of $8,893,744 at 5 cents.
eps 0.29 with a PE of 17.24
MD is Brent King.
This mornings up grade was positive.
https://www.nzx.com/announcements/386510.
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177,874,887 shares on issue,giving a market cap of $8,893,744 at 5 cents.
eps 0.29 with a PE of 17.24
MD is Brent King.
This mornings up grade was positive.
https://www.nzx.com/announcements/386510.
Interesting noting some GEN shares traded at 7 cents today.
Up 40% since my last post nearly a year ago.
Perhaps they will be up another 40% in a year's time.?
GEN agm today.
Presentation,and Brent King's speech notes..
http://nzx-prod-s7fsd7f98s.s3-websit...009/401281.pdf
http://nzx-prod-s7fsd7f98s.s3-websit...009/401283.pdf
The current climate suggests an inflexion point in external factors has beenreached and, along with our recently strengthened team, the group feels readyto bring us to “the next stage” to which we aspire, namely $250m of total assets.Reaching this goal should be a measured march, prudence always paramountand undue risk-taking not an option.In moving forward, we remember those who supported us strongly in the past.We record our thanks to former directors Lyn Lim and Simon McArley for theirservice and who served the group since the reverse listing, contributingsignificantly during our early growth period.Finally, in 2024, after three years of profitability and subject to shareholderapproval, the group should contemplate a dividend payment to properly rewardour shareholders for their support and loyalty.
There is another GEN thread for many more posts. How do both threads get merged? Or this thread cancelled?
Sitting on too much capital.
I guess it could be said they are "well positioned".
http://nzx-prod-s7fsd7f98s.s3-websit...598/405908.pdf
https://www.nzx.com/announcements/423664
Looks a good appointment.
General Finance’s business has continued
to grow with total assets of $146m, up by 9.4% from 30 September 2023 and a
quarterly NPAT of $652k up 21.2% from the previous quarter.
http://nzx-prod-s7fsd7f98s.s3-websit...317/411582.pdf
https://www.nzx.com/announcements/430013
On track.
The unaudited quarterly report shows that General Finance’s business has continued to grow with total assets of $155m, up by 6.7% from 31 December 2023 and a quarterly NPAT of $884k up 35.6% from the previous quarter.
Equity ratio is currently 22.26%.
I think they will announce a dividend when they report at the end of May.
Outlook
Looking ahead to the 2025 financial year, we anticipate a continuation of the growth and profitability trends
driven by our strategic initiatives and market conditions. Our priorities include expanding our loan book,
enhancing our research and advisory services, and maintaining strong liquidity. We expect to see further growth
in secured term deposits and a continued focus on sustainable value creation for our shareholders.
Percy, with Resimac gone from NZ and the deposit guarantee scheme coming.. GEN might be worth a look