GEECEE VENTURES MULTY YEAR BREAKOUT

Oct 3, 2023

TECHNICAL VIEW ON GEECEE VENTURES
"GEECEE's chart is displaying a promising cup and handle pattern, with a breakout expected above the 210 level. The potential price targets are 280, 350, and 400, with a recommended stop-loss at 270."

Strengths

• Company is virtually debt free.
  
• Company has a healthy Interest coverage ratio of 59.75.
  
• The Company has been maintaining an effective average operating margins of 34.32% in the last 5 years.
  
• Company has a healthy liquidity position with current ratio of 7.56.
  
• The company has a good cash flow management; CFO/PAT stands at 1.68.
  

Limitations

• The company has shown a poor profit growth of -13.53% for the past 3 years.
  
• The company has shown a poor revenue growth of -4.11% for the past 3 years.
  
• Company has a poor ROE of 3.08% over the past 3 years.
  
• Company has a poor ROCE of 4.03% over the past 3 years