Current inventory of $42m, HY sales of $60m...me thinks there's going to be some discounting going on the in next half to shift that stock! 30 June 2012 they had $12m on hand... Also mention that debt increased to fund the FY13 dividend not great news.
Sold the last of mine today, these guys clearly don't have a handle on how their business units are performing, and its not a business that I want to invest in for the long term.
It's a shame, as I really like this business and they seem to have good products. Good luck to all.
Current inventory of $42m, HY sales of $60m...me thinks there's...
Add CDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.91 |
Change
0.020(0.13%) |
Mkt cap ! $2.785B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.05 | $15.90 | $4.580M | 287.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1164 | $15.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.92 | 1922 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CDA (ASX) Chart |
