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Bullboard - Stock Discussion Forum
Genesis Land Development Corp
T.GDC
Alternate Symbol(s):
GNLAF
Consumer Cyclical
Advertising Agencies
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.
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TSX:GDC - Post Discussion
Genesis Land Development Corp
> Seeking Alpha Article on Genesis
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(3)
•••
dpunt32
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Post by
dpunt32
on Nov 10, 2020 7:28am
Seeking Alpha Article on Genesis
attached is link to article that highlights how cheap GDC is..huge discount to Book Value
https://seekingalpha.com/article/4387228-genesis-land-home-builder-left-behind-market
(2)
•••
dangood
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Comment by
dangood
on Nov 13, 2020 2:50am
Thanks for the post!
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