GWA Group Ltd V.GWA

Primary Symbol: GWAXF

Consumer Cyclical Home Furnishings & Fixtures

GWA Group Limited is an Australia-based company, which is a designer, importer and supplier of products and solutions, focused on the delivery of sustainable water solutions for bathrooms, kitchens and laundries. The principal activities of the Company include research, design, import and marketing of building fixtures and fittings to residential and commercial premises, including sanitaryware, tapware and showers, baths, intelligent water management solutions, and related kitchen, bathroom and laundry products/accessories. It distributes, installs, maintains and repairs various products through a range of distribution and customer channels in Australia, New Zealand and selected international markets. Its Water Solutions segment includes the 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. Its brands including CAROMA, METHVEN, dorf and CLARK.

OTCPK:GWAXF - Post by User

GWA Group Ltd > Payday quality financing

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Comment by Toweringmarson Jun 17, 2021 1:49pm

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Post# 33405177

RE:RE:RE:RE:Payday quality financing

With support levels now razor thin, its a little scary to see that 79k shares can drop this 15%.

Toweringmars wrote: And im a fun loving capricorn.
LOL

Doesnt matter how deep the chinese pockets are. The government has been blocking sales of our assets to the chinese. Just ask the TMAC boys.
Had they not been bailed out by a major they would be bankrupt and forgotton at this point.

So whats the alternative? Seeing as they wont be allowed more than 49.9% ownership we can only sell debt to them. Sell too much of it and we bankrupt ourselves on the payments and interest.

This copmany has a history of taking on debt, and has yet to generate a dollar. We need action. We need results.

Greg stepping down will be a good start, but it needs follow through.

Tim2Agami wrote:

Toweringmars wrote:
When they say arms length they should have said hands in our pocket length. Lol

Yes, but how deep are Chinese pockets?

It's gonna be a hard rain that's gonna fall (especially today, considering the fall overnight in the price of gold) .... however

TD is still stating Book Value of .38 a share; Yahoo finance .36

And most websites are stating a variable range of P/B ratios, but none over .7... and generally headed to .5

Xin nian kuai le, gondg xi fa cai (happy new year)

Year of the OX

Having great patience and a desire to make progress, Oxes can achieve their goals by consistent effort. They are not much influenced by others or the environment, but persist in doing things according to their ideas and capabilities.

Before taking any action, Oxes will have a definite plan with detailed steps, to which they apply their strong faith and physical strength. As a result, people of the Ox zodiac sign often enjoy great success.

Oxes are weakest in their communication skills. They are not good at communicating with others, and even think it is not worthwhile to exchange ideas with others. They are stubborn and stick to their own ways.