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Genesis Land Development Corp T.GDC

Alternate Symbol(s):  GNLAF

Genesis Land Development Corp. is a Canada-based integrated land developer and residential home builder. The Corporation is engaged in the acquisition, development and sale of land, residential lots and homes in the greater Calgary area. It operates through two segments: land development and home building. As a land developer, Genesis acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG), its home building division. The land portfolio is planned, developed, serviced and sold as single-family lots and townhouses, multi-family and commercial parcels. It designs, builds and sells homes on a significant portion of its single-family lots and townhouse land parcels. It also acquires single-family lots from other land developers to build and sell single-family homes in additional CMA communities.


TSX:GDC - Post by User

Comment by Accept2on Mar 22, 2022 5:42pm
134 Views
Post# 34535939

RE:Tomorrow should be a good day

RE:Tomorrow should be a good day
DanGood38 wrote: With earnings reported, the stock now trades at a P/E of roughly 10 and a P/B of less than .70. Momentum in the 4th quarter was good with earnings of 9 cents per share. Now to get some respect by the market....


I hope it stays down for a little while so I can pick up some more. I really dont see a downside here. Maybe someone can point one out. With the people on board this thing, we arent being led by tweedle dee and tweedle dumb of the MJ stocks, and we arent being led by the magic show of crypto, so we s/b fine. Its a solid business led by solid people. No worries at all........
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