This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

GTP - Great Southern Plantations

Re: Great Southern Plantations (GTP)

Buy recommendation in this mornings Melbourne Herald Sun business section..there was also a mention about once harvest takes place and investments resold over the vacant plantation space...something i had already mentioned in an earlier post...On todays financials share price can go to $6..thats without including any new projects in the pipeline...this company and its board at present are switched on micro-economically as they are looking at diversifying...on of the greatest strategies to reduce risk!!!!!!!
 
Re: Great Southern Plantations (GTP)

GTP is still climbing and on volume too. Any comments from anyone regarding the next resistence price for GTP>
 
Re: Great Southern Plantations (GTP)

I know very little about charting, but there seems to be nothing between the price now and the $4.40 - $4.50 mark.

One of the directors just bought $100K worth at $3.36, so a price of at least $4.00 seems likely.

GTP have consistantly continued to increase sales but the problem the company has is that not many people know how the sales are going in between the six monthly announcements, and sentiment seems to swing from wild enthusiasm through doubt to outright panic and then back again.

The director buying now would suggest the sales are continuing to progress well and there is good interest in the new products to be launched soon IMHO. So it could be enthusiam again to $4.50 ?
 
Re: Great Southern Plantations (GTP)

good to hear from u abucs..started to feel like i was talking to myself on this thread.

$3.50 next resistence and wats actually happenning is the macquarie bank downgrade on the stock from last year doesnt look like eventuating..actually it is already on the last figures way past the previous forecast and the up grades are now starting to pour into the market.

Armed with this information the stock should start to return to the valuations that it held previously...these are more in line with the CEO'S forecasts...so it will easily jump the $3.60 and head to the $4-$4.50 area because of a bit of caution..then the all clear in June$$$
 
Re: Great Southern Plantations (GTP)

People are listening Analyst!! Just wanted to say nice reporting over the past couple of days. Rise in SP today was nicely forecast. Cheers. My humble opinion is back to $4.30 by midyear. Cheers
 
Re: Great Southern Plantations (GTP)

Ditto Analyst,

Don't feel you're talking to yourself on this one. I'm watching avidly.
It seems to have been such a long wait for GTP to start moving again. I'm afraid to comment about the last few days for fear or jinxing the damn thing!!!

Julia
 
Re: Great Southern Plantations (GTP)


Its like that sometimes. Thats why i went the installment warrant way less capital more leverage and you dont have to be concerned just let it run
 
Re: Great Southern Plantations (GTP)

Looks like its continuing its run to meet its upgrade valuation...i will now be heading into some maquarie installment warrants.....hope to u all there as well
 
Re: Great Southern Plantations (GTP)

Despite the glowing fundamentals for GTP, the overall chart is still showing a downtrend. This is a strange situation given how good this company seems fundamentally, with a yield of 4% and PE of less than 8. However to change this scenario it would need to eliminate the series of lower lows and lower highs by breaking resistance at the mid 2005 high, around $4.40-$4.50. GTP may definently do so, but I would prefer to watch from the sidelines. The thing that really stands out with this chart which is a real positive though, is the 50% fibonacci retracement level. Look how well that has worked here. GTP's low of around $2.70 last year, was smack bang on this fibonacci level from the lows of 50c to the high of $5.00. I strongly believe in this fibonacci calculation again making this level CRUCIAL support. Chart is improving, lets see what happens.
 
Re: Great Southern Plantations (GTP)

Whats the point of believing in fibbio when you didnt jump on at the 50% retractment...if you under stood fundamentals it would have told you thts about as low as it will go based on the current announcements in the stock at the time.

The low was based on macquaries analyst down grade and then it went a bit lower than the actual downgrade given...the stocks next high after $4-$4.50 is $6 and then after that $7.50

Charting, fundamentals, experience, real accredited courses and an understanding of valuation methods, macro economice and micro economics all go hand in hand.
 
Re: Great Southern Plantations (GTP)


Hi do u remeber what the macquaries downgrade price was?

thx
 
Re: Great Southern Plantations (GTP)

TheAnalyst said:
about 15% of net profit from a price of $4.50

Oh ok thx

yeah thing ive been wondering is that TIM and GTP are very similar businesses in a way. or are there significant differences?

yet Tim's forward 2006 PE = $3.12/0.261 = 11.95

Earnings and Dividends Forecast (cents per share)
2005 2006 2007 2008
EPS 21.1 26.1 30.5 33.9
DPS 7.8 9.3 12.0 14.5

but GTP's forward 2006 PE = $3.66/0.456 = 8.03

Earnings and Dividends Forecast (cents per share)
2005 2006 2007 2008
EPS 41.7 45.6 57.5 62.7
DPS 14.0 16.5 21.5 23.5

Forecast growth for 2007/07 seem very similar also, upwards.

TIM's sector is Materials (sector average 15 atm) and GTP is Diversified Financials (sector average 20 atm), does that have to do anything with it? or is GTP just undervalued atm (compared with TIM)?

Thanks

MS
 
Re: Great Southern Plantations (GTP)

GTP is less risk than TIM as GTP they transfer the risk on to the investor..market still is to catch on to this yet

 
Re: Great Southern Plantations (GTP)

TheAnalyst said:
GTP is less risk than TIM as GTP they transfer the risk on to the investor..market still is to catch on to this yet

Oh ic, btw there appears to be new comptetion coming in, besides TIM, do u know whether these new entrants are succesful?

 
Very interesting post Mich and i love your stuff....u present facts and material for your questions and arguments.

Ok...we know for starters that Macquarie more than likely will be successful..the others i havent had a look at but would appreciate some summary information from you.

It is not a bother that there are new enterants as this MIS's is just beginning...i have done some low to the ground research around country areas and what i discovered was amazing...i will post what i found out on my country trip.
 
Micheal would you know what the entire MIS's is growing at annually in Australia as i know that the market is certainly not a stagnant sector...one of the fastest growing sectors in the economy.
 
Hi and how are you GTP fans? Not much news lately but still holding my GTPIZK's. Anyone have any comments......
 
Hello Analyst:

Not really. I'm pretty much resigned to waiting for the rise which always occurs in May and June, at which time I'll be wanting to sell half my holding.
This is one of the most frustrating stocks in the market.

Julia
 
Julia said:
Hello Analyst:

Not really. I'm pretty much resigned to waiting for the rise which always occurs in May and June, at which time I'll be wanting to sell half my holding.
This is one of the most frustrating stocks in the market.

Julia

Hi Julia

I dont think i will be selling at this time as i think that gtp have a few other creations in the pipeline and growth should become more stable and p/e will become higher as risk lessens
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more...