SI
SI
discoversearch

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 : GEAC - A New Era? -- Ignore unavailable to you. Want to Upgrade?


To: Sultan who wrote (298)6/22/2005 6:37:32 PM
From: Scott Mc  Respond to of 330
 
Agree, look very good, especially when its reported in US$ based on (what I look at) the Can price. Very cheap, lots of cash, my bet is it reacts positively for 1-2 days and then slowing goes back to sleep...

I guess its a 20% per year stock until someone tries to buy it, 20% per year is not bad, not too exciting, but Ill take it



To: Sultan who wrote (298)6/22/2005 9:52:42 PM
From: Ally  Read Replies (3) | Respond to of 330
 
Pretty good year end results, however I don't see a blow out.... the bit of revenue growth in Q4 was offset by 15% increase in marketing expenses and 11% in administrative expenses.

I notice the creep up in diluted # shares (management options?). I hope management does not think just because they are expensing options, they can reward themselves lavishly with options.

The large increase in income tax could mean the earnings losses of past years have been recouped and higher tax rate applies from now on.

Since the company cannot seem to find accretive acquisition, I hope management will start paying a small dividend. Geac generated US$1.22 cash per share FY2005, or CDN$1.52. Surely the company can afford say 30% payout ratio, which comes to CDN$0.45 which is a 4% yield. It'll do wonders to the stock price.

ally@wishin&hopinfor$12.com