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Share Name Share Symbol Market Type Share ISIN Share Description
Georgia Capital Plc LSE:CGEO London Ordinary Share GB00BF4HYV08 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.18% 561.00 561.00 565.00 567.00 561.00 567.00 14,572 16:29:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 165.6 3.7 129.2 262

Georgia Capital Share Discussion Threads

Showing 51 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
24/5/2022
13:41
Interesting, good spot...........
chrisdgb
18/5/2022
09:17
Looking over the recent capital markets day presentation which is on their website, they have split the old GHG business into hospitals, pharmacies and clinics, presumably to increase marketability. They have also reduced the size at which they will seek to divest and will not commit funds to capital intensive situations. The presentation also gives valuation multiples and the sector competitors against which the multiples are derived. It would seem that hospitals, pharmacies and selected 'others' are for sale, but i imagine little interest will arise until the ukraine situation settles.
flyfisher
23/2/2022
08:06
Results out, look really good........
chrisdgb
15/2/2022
11:19
I continue to like the fundamentals of CGEO but I expect it will take a bit of a hammering should Russia's invasion of Ukraine go ahead, which at this point looks 50:50. The opposite is also true, Russia stepping back would likely increase CGEO's price but in this instance I suspect the downside is bigger than the upside. I intend to buy back in once the situation crystallises one way or the other.
kor_wraith
09/2/2022
15:29
Chart looking nice here..........
chrisdgb
09/2/2022
08:46
hTTps://masterinvestor.co.uk/funds-and-investment-trusts/four-investment-trust-bargains/?mc_cid=c11ffb9a8b&mc_eid=31ad53697c
davebowler
04/2/2022
07:59
Lads do a tender offer at 715p and buyback some more shares
nchanning
20/1/2022
11:27
Nice to see the additional share buyback.......
chrisdgb
05/1/2022
16:24
hTTps://www.edisongroup.com/publication/sale-of-majority-stake-in-the-water-utility-business/30368
davebowler
04/1/2022
12:13
10.55 would be good.........
chrisdgb
02/1/2022
07:55
Prior to the covid outbreak, the discount had averaged about 30%. If it were to return to that level it would be £10.55. I would expect Edison to update their coverage shortly.
flyfisher
01/1/2022
10:15
hTTps://www.morningstar.co.uk/uk/news/AN_1640952573463840900/georgia-capital-shares-up-11-as-agrees-to-sell-water-utility-business.aspx
davebowler
31/12/2021
23:27
Thanks guys. You would think with the validation of the water business NAV and a readily available market value for the BGEO stake together with proposed further buybacks as flyfisher mentions then this could be trading around the £10 mark after today's sale completes.
jeff h
31/12/2021
15:40
Thanks for the link Jeff. Note that they intend to use some of the proceeds to continue the buy in. Perhaps with this validation of asset values and a continued buy in, we could see the share price approach its historic levels.
flyfisher
31/12/2021
15:03
Thanks Jeff, nice confirmation of the 50%+ discount!
archy147
31/12/2021
13:49
I find the below link helps when assessing CGEO:- Https://georgiacapital.ge/investor-toolkit/discount-map
jeff h
31/12/2021
12:02
Great news to end the year! Thank you for your calcs flyfisher, we're also trading well below 2019 prices. A strong hold for me going into 2022 :)
archy147
31/12/2021
10:54
It is an approximate 12.2% premium to last book value. The current nav after the sale, allowing for a gain post period in bgeo and adjusted for currency changes is 1460p according to my calcs. So it still trades at 50% plus discount to book.
flyfisher
31/12/2021
10:50
Well that was out of the blue, really nice news into 2022...........
chrisdgb
31/12/2021
10:45
They say a substantial premium to carry value, but do we know how substantial? Agree it makes CGEO look very undervalued.
stockstockham
31/12/2021
10:44
Todays news of a sale of a major investment at a premium goes a long way to validating asset values. An excellent deal.
flyfisher
27/12/2021
10:36
Indirect mention here- hTTps://quoteddata.com/research/jupiter-emerging-frontier-income-tough-mc/
davebowler
24/12/2021
10:35
A tempting discount here but I wouldn't have much faith in the NAV . Sure Bank of Georgia is a wonderful business and almost certainly materially undervalued but it also gives a good guide to how overvalued the other businesses are in the NAV at 10+ x EBITDA ( 15+ PE ) in somewhat capital intensive businesses in a frontier market with geopolitical risks . If a buyer can Bank of Georgia , a 25% ROE bank , at book value and at a low single digit PE why would anyone pay 10 x EBITDA for a steady hospitals business that needs regular capex .
nchanning
16/11/2021
11:55
It helps that management fees are based on market cap, rather than net assets. A majority of it is share based comp too.
epistrophy
16/11/2021
08:10
Agreed. Unfortunately the management fees look equally bonkers. The majority of the remaining land and property holding has been sold post period end, at a small premium. Which gives them the cash to extend the buy in, should they so wish. Hopefully, alan gray increasing their holding has cleared the stock overhang.
flyfisher
Chat Pages: 3  2  1
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