GTP 0.00% 12.0¢ great southern limited

gtp double tops ?, page-2

  1. 57 Posts.
    gtp seriously undervalued! This is a truly undervalued stock even at its current price.
    If you follow the principles of value investing this one is the one to buy.

    NTA for this stock is $1.13 and $0.60 of it is cash the rest of it is property. It has a current PE ratio of about 7.0 and it has an amazing operating history of 10 years. At its current price, if you subtract the cash from the stock price and calculate its PE, it is only 3-4!!!!! Plus it has very good growth potential for the comming 2 years. First harvest in 2004 which will add more to their profit and validate the soundness of their business.

    If it wasn't for the tax rule scare 2 years ago, this stock would have easily been $3 now.

    My medium term prediction for this stock is $2.00
watchlist Created with Sketch. Add GTP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.