About 2 weeks ago on 29/1/10 GPM revised their profits and indicated a review of the Dividend payout. they mentioned that results would likely be released on the 12/2 which is today. I'm betting that they may consider the resumption of dividends following huge reductions in debt and a thriving housing market.
if you do some research on GPM you will find that their Net Tangible Assets are at 35 cents per share and Earnings per share is 5.3 cents or a PER of about 3.
This is one share clearly undervalued based on fundamentals.
GPM Price at posting:
90.0¢ Sentiment: ST Buy Disclosure: Held
