Ann: CFOAM - company presentation, page-23

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Sailor1

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11/10/17

12:40

Post #: 27822081
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Originally posted by skyscraper99 ↑

Was invited to the roadshow but fair way to go for me for an hour talk and have a few other things I am working on so keep a check on that.

Alain has certainly set targets with timeframes which is something the rest of the directors failed to do.

Still have no answers as to why capacity has dropped from 12 months ago and dount I will get answers so I put it down to poor previous management.

So let's look forward.
Having a target is the first step and these are big plans.

Huge revenue if it works out and margin would increase a lot as production rises.
If they get production and more importantly sales to those levels this could be a $ bill company.

So we need to see if they can execute these plans and get real contracts.

I still question that they can or want to get contracts of their own rather than touchstone get them and CFO are the manufacturing arm of Touchstone

But let's see what happens.
I think the market will want to see proof of sales and significant production growth.
So far the only real customer is Touchstone,

So always said huge potential and hopefully we have a jockey that can execute, time will tell.

I doubt the quarterly will be great as they have flagged but if there are any excuses for next one look out.

Hopefully they are serious and not just after US state money.
Alain would now know they have to deliver to get his $1.20 shareprice.

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Pleased to see that you're lurking SS. By the looks of it the share price has also reacted well. TIC

CFO Price at posting: 40.5¢ Sentiment: Buy Disclosure: Held
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Ann: CFOAM - company presentation, page-23

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