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Gold/Mining/Energy : Greyvest Capital (GFI,T) -- Ignore unavailable to you. Want to Upgrade?


To: Ciao who wrote (14)6/3/1999 11:18:00 PM
From: Michel Miron  Read Replies (1) | Respond to of 23
 
Today transaction represent $8K, not a big amount. To move, the stock needs good news, i.e. a return to profitability. MFP Finance in the same sector (computer rental / leasing) is very profitable => $1.62/shr and a book value of $10/shr. So far Greyvest's divesting strategy has not produced what it was designed for: to maximize shareholder value.

I'm looking forward to reading the annual report (not received yet) to find any reason to keep this stock.