GGE 25.0% 0.3¢ grand gulf energy limited

To go from a good company to great company some of these issues...

  1. 1,562 Posts.
    lightbulb Created with Sketch. 6
    To go from a good company to great company some of these issues you raise will need some work I think. Imo coy fundamentals are good and I believe mgt are working hard on building the company.

    Clearly the quarterly production team failed in the task at hand. Irrespective of whether the report is technically received before Monday trading the report will be 3 days late to their customers. That is a process issue.

    The quarterly is a report on the December quarter, there were roughly 230 reports issued after 4.00 pm but I do not believe any of these companies did not know last Monday that the quarterly was due on the 31st and that it was a Friday, what their cash Balance was on 31st December or what activities were done in the quarter. If projections and forward plans are affecting ability to meet deadlines they should be taken out and issued separately imo.

    Congratulations to all those companies that got there reports out on time. Many were not very good but they got them out and their shareholders were able to review their portfolio's over the weekend.

    I am a little disappointed we are not discussing the stock but still confident in the overall state of affairs. I try to be objective and despite doing my own research I rely on the Cashflow 5C to validate that research, I can not do that today but I'll get over it.

    An opportunity to shine has been missed and imo we keep doing it and that is why our company is undervalued.

    All opinion only.
    GLTA
 
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