Gendis TSE:GDS.A Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gendis TSE:GDS.A

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BioInv who wrote (63)	4/30/1999 8:57:00 AM
From: SAM-DAN	Read Replies (3) of 81

Our sources say that earlier this year Gendis told shareholders they expected the shareholders would receive an estimated .37 a share dividend from the revenue Gendis would earn from Fort Chicago.This was after Gendis had used a portion of the earnings received from Ft.Chicago for corporate purposes and taxes.So the $1.00 figure seems to be quite a conservative expectation of revenue stream for Gendis from its holding in Ft.Chicago. Quite a cash cow, but the retail store division is a cash sewer right now and has to be considered a detriment to GDS.a's over all profit.Still we feel that Gendis is greatly under priced[but we said that at $12.00 before the oil and gas prices tanked[Joke] .Hopefully as these prices rise and Gendis either sells or IPO's SAAN we will realize our targets.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next