CDA 0.19% $15.80 codan limited

thankyou for the brave comment, but the call was not that...

  1. 2,525 Posts.
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    thankyou for the brave comment, but the call was not that heroic, I feel codan at the right price is a good investment
    with a margin of safety. Its very good in its niche market and is not one product company, my opinion.despite the minelab product.
    Using the past and projecting a future value is a common technique of value investment so no big deal there.
    to me the protential value of the share is $4.46,which is a future value calculation.
    interested in hearing other peoples opinion,
    anyway will not buy greater than $1.65 and bought on the current drop.
    in fact I am more conservative than the skafold calculations.
    cheers
    the timeline and calculations and cagr rates will keep to myself,
 
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