GREY:GLNIF - Post by User
Comment by
ascii2on Nov 07, 2014 1:21pm
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Post# 23107419
RE: GLN remains dramatically undervalued!!!
RE: GLN remains dramatically undervalued!!!My further two bits...if interested.
Dividend yeaild is 4.86% at today's price which is taxed at much lower rate, and is far better than savings rate of bank 0.5% taxable.
Secondly forward PE ratio considering analysts concenses estimate for December 2015 which is $1.14 is in still in single digit. If we remove the cash and cash equivalents in hand it works out to be around 8. Since company is growing organically and not seeking any unsecured notes till 2017, I think the prospects are much better.