CDA 0.13% $15.91 codan limited

Youtube videos suggest the Minelab 7000 is a winner, page-39

  1. 6,110 Posts.
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    I know what you mean. The stocks been down because of the market correction the past week. Ok...I accept that. The company releases good results, the stock goes down. The market has rebounded and is up 2%, the stock is down.

    If they release bad numbers...ok...we were wrong. We'll take are lumps. That's not the case here.

    It's on basically low volume. I'm starting to think Codan management is the problem. They can be pro-active and address this. Once press release knocks this up 10%.

    Many of them are ex-military. Trained carry on if bullets are flying over your head. I'm ex-military and I'd like a band-aid.

    They are well paid and the stock price going down, doesn't really affect them.

    My other concern, and I prefer to have this before I invest is management and or the board have a good size equity stake in the company. This isn't the case with Codan and it's becoming a concern for me.

    It's not good when people driving the bus, don't own it. If they did they may avoid the potholes and get the bus serviced once and a while.

    I've been investing a while and I'm rather shocked by the lack of care and communication from the company all things considered.
 
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