GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
I am contemplating staying in this share for the longer term. The more I study the facts ,the more it is evident that this is a bargain share that is needed for energy needs.with nobody willing to fund new wells in the energy environment we are in,their wells will be used.I see gas prices actually increasing.The company has won awards for its capping programme,so scare mongering is ill founded. Rock bottom price at the moment.A bargain at this market cap.I think I will be staying in this for the dividends.
I cannot wait for news,as I feel news is around the corner,and will be good.Increasing passengers is on the cards,and much increased revenue due to price increases,should see this rising to previous levels .buying at these levels is sensible ,as the market valuation makes no sense.
Growth sector...Winning contracts...On a low PE....150p is my target...
CondorMan. Stop the nonsense,and join the happy throng of Investors about to enjoy the ride to prosperity on the back of the transforming news due soon....Do not be too proud to change your mind...Prosperity awaits the happy throng of wise investors...Join us on the ride....You know it makes sense...You know you want to!
You have looked at the financials which were impacted by not raising prices fast enough after a sudden bout of inflation.That is why this dropped,but going forward the taming of inflation after price rises will be hugely beneficial to the bottom line,together with the projected increase in passengers.Looking good for a very big rerate in near future.
Inflation was the catalyst for the huge drop,and will be the catalyst for the rerate in progress.Public transport has a big future,and is essential for anybody without a car,therefore it does have the ability to raise prices,which is what has happened.It was a little slow to raise prices,when inflation took off. Inflation being tamed is important for this company,so news on that front will dictate the pace of the rerate.