CDA 0.19% $15.80 codan limited

News: CDA Codan Ltd issues profit guidance, page-10

  1. 176 Posts.
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    Goodness, there are some pessimists out there! What an outstanding result, good news from all three business units.

    Sounds to me like management is being conservative with full year numbers; they know metal detector sales can be volatile and are assuming a return to baseline next half but it is of course possible that the recent surge may continue. Don't forget they have made much progress with protecting their IP since last time metal detector sales surged.
 
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