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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Genesis Land Development Corp > Tomorrow should be a good day

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Post by DanGood38on Mar 03, 2022 1:21am

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Post# 34477836

Tomorrow should be a good day

With earnings reported, the stock now trades at a P/E of roughly 10 and a P/B of less than .70. Momentum in the 4th quarter was good with earnings of 9 cents per share. Now to get some respect by the market....

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