Ya...the thing is if there was or is a problem with the company or products...I'd want to know so I could sell my stock. Again, I don't give a crap about the company or it's products. I just want to make money off the stock.
So I was investigating each of his claims and I'm not concerned now. Just pissed I wasted my time. Every car or toaster every made has had some problem. If it's a design issue or fault they'll fix it on the next version...do a recall now or announce to the market. None of that has happened. I feel we are in for great 2nd half number.
As I showed in another thread I think they'll sell over 3000+ in the first half, maybe more. That over 30M in NEW revenue. They've stated to the ASX that they've sold 8M of Go-finds. Plus the other normal detector sales. The detectors are only 45% of sales (the % will change). I believe the other divisions will have solid numbers.
It could be a blow out half. So if there's 40M-50M+ in detector sales and a 50% gross net. Let's just say it's 20M in net profit. That's over .11 cents there. Say I'm nuts and you divide that in half. They'll make .06+ cents from the detectors. I'll GUESS another .04+ cents from the other businesses.
You're looking at .10 full year. IF I'm right. 15 cents. At just .10 cent at it's current P.E of 20 makes it a $2 stock. If it's .15 the PE will expand to 30+ . Putting it north of $4.50...near it's high of 3 years ago.
The stocks at $1.20. Lots of the marketing and R&D costs have been in the first half. If they only sell 1000...which I think would be a bomb...I think they'll announce the same 3-4 cent. That's 7 cents on the year and give them a stock price of a $1.
So that's my risk/floor...basically the price I bought it or what it's at now.
If they do those numbers they'll paydown some debt...buy some share back maybe or make a acquisition...maybe in the cheap mining services which is slowly rebounding.
I'm asking...begging for someone to tell me or show me something different. If things were bad...You'd heard about in online...in the stores. I'm not.
Plus, it's not like they haven't sold something like this before (5000). I'd strongly believe if you bought the 5000 and had success...you'd sell the 5000 and/or buy the 7000. I figure they've sold 10,000-20,000 GPX over the past 5 years. People buy these things. It's not a hard stretch to think that 3000+ have been sold in the first 6 months.
This is all my guess work but, I've gone out in the field and did research, spoke to real people. Read every post and looked at every review. We'll know if I'm right or wrong in 3 weeks.
I believe CDA will be trading $2-$3 in a month.
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Ya...the thing is if there was or is a problem with the company...
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Last
$15.80 |
Change
0.030(0.19%) |
Mkt cap ! $2.785B |
Open | High | Low | Value | Volume |
$15.80 | $15.97 | $15.70 | $2.528M | 159.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 343 | $15.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.81 | 803 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 279 | 3.170 |
2 | 2173 | 3.160 |
2 | 2646 | 3.150 |
3 | 5510 | 3.140 |
1 | 25000 | 3.130 |
Price($) | Vol. | No. |
---|---|---|
3.190 | 3000 | 1 |
3.210 | 2102 | 2 |
3.220 | 1050 | 1 |
3.230 | 1050 | 1 |
3.240 | 10092 | 1 |
Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
CDA (ASX) Chart |