CSS 2.63% 18.5¢ clean seas seafood limited

Recent up tick good for holders, page-33

  1. 1,232 Posts.
    lightbulb Created with Sketch. 6
    Its simply about the rerate BM. As Ive talked about for a while now on these threads, as the company hits milestones credibility grows and therefore expectations.

    Based on current run rate there is absolutely no reason why the company cannot achieve $7-10M for FY18. Thats a big number when you consider the historical performance of the company. This kind of number supports an SP of at least 10c. As guidance emerges - which will happen before CY17 - the stk will rerate. I see the stock trading between 5-6c until year end. Clearly it has surpassed that Im just saying the av trend will be between these prices. If higher great.

    I expect export mkts to improve significantly. As the $A drops that translates to a direct drop in prices for buyers which is great for our sales. Amongst other things the mkt is expecting such events to eventuate leading to increasing sales and NPAT. I could go on.

    This is a long term play. The stock must be held as I believe that the financial turnaround has actually completed and this is simply the start of growing sales, profits and business activity.
 
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Last
18.5¢
Change
-0.005(2.63%)
Mkt cap ! $32.21M
Open High Low Value Volume
19.0¢ 19.0¢ 18.5¢ $2.812K 15.00K

Buyers (Bids)

No. Vol. Price($)
4 233664 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 10000 1
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Last trade - 15.55pm 15/11/2024 (20 minute delay) ?
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