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GWA Group Ltd V.GWA


Primary Symbol: GWAXF

GWA Group Limited is an Australia-based supplier of building fixtures and fittings to households and commercial premises. The principal activities of the Company include research, design, import and marketing of building fixtures and fittings to residential and commercial premises, and the distribution and installation of various products through a range of distribution and customer channels in Australia, New Zealand and selected international markets. Its water solutions segment includes sale of vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products and bathroom accessories. The Company's brands include Caroma, Methven, Dorf and Clark. Its subsidiaries include Caroma Holdings Limited, Caroma Industries Limited, Caroma International Pty Ltd, Caroma Singapore Pte Ltd, Deva Tap Company Ltd, GWA Finance Pty Limited, GWA Group Holdings Limited, and GWA Group Holdings (NZ) Limited.


OTCPK:GWAXF - Post by User

Bullboard Posts
Comment by zentrarianNZon Jun 02, 2016 8:23pm
131 Views
Post# 24929476

RE:RE:RE:RE:RE:RE:The Gowest BUZZ is ON!!

RE:RE:RE:RE:RE:RE:The Gowest BUZZ is ON!!Great summary, checkmate.

As I see it, GWA is rounding the final turn of the track and at this stage of the race there are only three obstacles it has to hurdle: Final permitting, capex financing, and avoiding a takeover. The first is as close as you are going to find to a slam dunk, because of the jurisdiction. The second doesn't look like it should be a big problem either, the numbers are good and we already have FF lined up, which bodes well for institutional interest.

I wish I had more insight on the takeover issue, but I'm willing to give that a pass if you guys think management and institutional holders aren't going to let it go lightly. (Isn't there some sort of poison pill that they could swallow in order to fend off the sharks?)

If there was a successful takeover, a dollar would be wonderful but I'd be thrilled just to get 30 or 40 cents, which would be a solid 5-bagger in my case. That's about where GWA was five years ago if I'm not mistaken.

BTW, if you and laroplex bought a lot of your shares back then, I hope you have been able to average down to around the current price, because the two of you deserve it more than anyone for sharing your knowledge and insights about the company with this board.


Bullboard Posts