COZ 1.33% 7.6¢ commodities group limited

Hidden jewel, page-23

  1. 10,600 Posts.
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    Inchiquin,

    Everyone looks at these types of shares differently, personally I can't see its past business emerging as its strong point for a long time to come, if at all, but it is a useful adjunct and a saleable part of the business as their is a lot of IP tied up in the processes, systems and market methods they have. Aquaculture is their driver going forward as they see the provision of protein to their chosen market as their formula for success and I agree they need to consolidate their latest acquisitions and that will take many months.

    Interesting to see the price come back off 7.0 cents a little today albeit on low volumes and close on the lower price. Given the time of year we are now in and that their annual results have just been released their share price and momentum isn't going to set any domestic short term traders on fire unless there is an announcement coming out soon but then before late January would be a lost cause unless it was part of their continuous disclosure obligations.

    6.0 - 7.2 cents for quite a few months yet unless breaking news changes the basis of this SWAG or the wider markets drag it down with them.
 
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