unless you operate in a strong essential need business, there is no point giving out guidance….. the world can change at anytime and giving any sort of guidance is unrealistic….
management has given what they believe to be realistic and sensible information…. Nothing to hide and not much more can be given ….
I believe however that demand for their product will keep on increasing and so will the earnings… I have given up on guess what the share price will be ….. over the past 5 years only positive news has come out of codan and yet the share price smashed from last year ….. who knows what will happen… just enjoy the dividend while we wait I guess
CDA Price at posting:
$8.56 Sentiment: Buy Disclosure: Held
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