GTK - Gentrack

[Left Field]

Another 12 month high today at $10.70 on GTK's inclusion in an ASX tech stock index.

[Left Field]

This news released by GTK today...... not marked price sensitive..... but what does it mean??

(Sounds like using AI to provide quick customer based changes to it's SAAS services?)


We are entering a new era, with utilities worldwide transforming to meet business
and sustainability targets. For over 35 years Gentrack has been partnering with the
world's leading utilities, and more than 60 energy and water companies rely on us.
Gentrack, with our partners Salesforce and AWS, are leading todays transformation
with g2.0, an end-to-end product-to-profit solution. Using low code / no code, and
composable technology, g2.0 allows utilities to launch new propositions in days,
reduce cost-to-serve and lead in total experience. https://www.gentrack.com

[LaserEyeKiwi]

This news released by GTK today...... not marked price sensitive..... but what does it mean??

(Sounds like using AI to provide quick customer based changes to it's SAAS services?)


We are entering a new era, with utilities worldwide transforming to meet business
and sustainability targets. For over 35 years Gentrack has been partnering with the
world's leading utilities, and more than 60 energy and water companies rely on us.
Gentrack, with our partners Salesforce and AWS, are leading todays transformation
with g2.0, an end-to-end product-to-profit solution. Using low code / no code, and
composable technology, g2.0 allows utilities to launch new propositions in days,
reduce cost-to-serve and lead in total experience. https://www.gentrack.com

Was a tad confusing as they released this as a pdf, but that is actually just the standard boilerplate company description that is on the bottom of every company announcement. The actual announcement linked to was a minor change in a substantial holders amount of shares ("National Nominees Ltd ACF Australian Ethical Investment Limited" going from 6.8% to 5.75%)

[Left Field]

GTK added to the S&P ASX 300 index

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02850008_PS-2A1547093&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400

IFT also.....

[Left Field]

Market likes today's results..... big boost...up around $2.00 today.....been a great hold since $2.50 days

https://api.nzx.com/public/announcement/442592/attachment/432771/442592-432771.pdf

Footnote - closed up 24.4% at $12.61 an increase of  $2.47!!

Great Xmas bonus in my portfolio.....Naaaice.

[Crackity]

What a chart eh  - shame I didn't buy any

[Basil]

Interesting and enlightening article.
https://www.nzherald.co.nz/business/30m-three-year-incentive-scheme-could-make-gentrack-ceo-gary-miles-nzs-highest-paid-ceo-nzsa/XITAL267QBEMJPBF365722A5NI/?lid=cme23ou6o9wh

[Left Field]

Interesting and enlightening article.
https://www.nzherald.co.nz/business/30m-three-year-incentive-scheme-could-make-gentrack-ceo-gary-miles-nzs-highest-paid-ceo-nzsa/XITAL267QBEMJPBF365722A5NI/?lid=cme23ou6o9wh

GTK's investor presentation discussed the incentive scheme (amongst other things) and  provides useful background for the recent enthusiasm and SP surge.... it's well worth watching.

https://vimeo.com/1033293614

[Left Field]

Overlooked by many.....been a great investment since the $1.50 days.

From the recent ASM....

Our FY25 growth will be 2H weighted due to new sales closure timelines (12 to 36 months)
I remain very confident in our ability to execute against our
• Purpose to accelerate the journey to a net zero future by leading the global IT modernisation of
energy and water retailers and
• Plans to achieve mid-term revenue growth >15% CAGR and 15-20% EBITDA

We intend to provide full year guidance at 1H results in May

[BlackPeter]

Overlooked by many.....been a great investment since the $1.50 days.

From the recent ASM....

Our FY25 growth will be 2H weighted due to new sales closure timelines (12 to 36 months)
I remain very confident in our ability to execute against our
• Purpose to accelerate the journey to a net zero future by leading the global IT modernisation of
energy and water retailers and
• Plans to achieve mid-term revenue growth >15% CAGR and 15-20% EBITDA

We intend to provide full year guidance at 1H results in May

Yes, it was great to sell them for a $5 handle in late 2019 before they tanked.

I see, they are currently ramping up for the next wave, aren't they?

Not following them anymore, but just wondering, how much future growth must be baked into the current SP? The earnings don't look that flash for a$11.20 share. A 15% CAGR clearly doesn't cut it when justifying this share price. Even the very optimistic Grahams formula gives for 21 cts (average analyst forecast for 2025) EPS and 15% growth only a $8 Share price - and hey - keeping the CAGR consistent at or above 15 is hard, ask Ryman - they used to claim that as well ; .

Anyway - congrats to holders, but better practice your dancing skills close to the exit ... and make sure everybody else's exit is blocked when you want to leave ;

[Basil]

Quite right BP.  Seeing some massive king hits to share prices of some Australian tech companies reporting that haven't met expectations.  Put one foot wrong in the report or the outlook statement when you're trading on tech market darling metrics and the price literally falls off a cliff.  Live by the sword, die by the sword.  I prefer to let the guys at Discovery do their thing with tech companies.  They're younger and sharper than this old dog.

[Left Field]

Good to see Milford adding more recently.....

https://api.nzx.com/public/announcement/448755/attachment/439985/448755-439985.pdf

[Left Field]

Naaiiiiice upsurge today on big volumes...... 5 day chart looking favourable. Seems like the market is not listening to the naysayers.

Up $1.02 or 9.87% around halfway through today's trading.

[BlackPeter]

Naaiiiiice upsurge today on big volumes...... 5 day chart looking favourable. Seems like the market is not listening to the naysayers.

Up $1.02 or 9.87% around halfway through today's trading.

Technically - they are still below the MA200, but sure - who knows whether they break through or bounce back.

Looking however at the tone of your post - people who feel the need to refer to name calling ("naysayers") demonstrate loud and clear that they have nothing valuable to say. Kindergarten stuff. Is this the impression you want to convey?

I assume you realise, that the daily jtter of a stock is not a measure of its worth, but at best a measure how eager individuals might be to either buy or sell in a rather constrained market - do you?

Clearly - the known fundamentals (according to Jarden is the PE=111) don't support this price. However - sure, it might indicate that some people with insider knowledge might know more and try to get some shares before the next and absolutely amazing announcment, or it might be just a measure for the number of greater fools with an urge.

Whatever it might be - let's focus on discussing the stocks instead of on name calling of others whose message we didn't like, shall we?

[Left Field]

Whatever it might be - let's focus on discussing the stocks instead of on name calling of others whose message we didn't like, shall we?

Whatever........
1.) BP who said I was referring to you?
2.) Speaking of name calling, wasn't it you who called me 'bitter' a while ago on the ATM thread.... perhaps you should practice what you preach. (FWIW I'm not bitter....quite the opposite.)
3.) Perhaps another esteemed poster who initiated the name calling you complain of by calling anyone who questioned his highly ramped foray into HGH around $1.20 as 'naysayers' should be the target of your request.