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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 tommygavinon Apr 27, 2011 12:37am
367 Views
Post# 18492705

RE: RE: RE: bounce back

RE: RE: RE: bounce backthe reason the stock isn,t at least 5.80 or higher is because the "market" doesn,t believe the buyer can pull it off. And nobody believes someone will come along with a higher offer. If you buy for 4.80 and sell for 5.80,you can make a quick more than 20 percent.
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