First of all, you were caught out posting negatively with a 'held' sentiment after having sold out. The thing when you change your sentiment on Hotcopper the algorithm remembers, so you physically had to go back in and change it to held after changing it to not held. You lose credibility trying to outsmart other investors with things like this. But you have an excuse. Good boy.
Second of all, it was not that long ago you were CCOs number one fanboy, albeit a simple one. It was not hard to see that you were a flyby investor hoping to get the timing right with his investment. Remember it was me who cautioned you about wanting success to happen too quickly.
Remember this-
And then this -
Around the same time you were posting these numbers.
To give you some credit I think that you were on the ball with the above table. But it was an emotional impulsive post none the less.
A few points you need to consider instead of blindly following black and white numbers on the last quarterly-
1. Sales in e-commerce continue to climb at an exponential rate.
2. Sales in retail continue to climb at an exponential rate.
3. The difference in revenue Q4 23 to Q1 24 was only 90k.
3. Cash receipts will begin to track to sales more closely with the increasing percentage of ecommerce in sales over the coming quarters.
4. Generally lower inventory manufacturing indicates a bottleneck of supply with higher demand. The company will be managing that risk going forward.
4. You now say '
the company will need 50 to 100% growth every quarter just to sustain the business?' and refer to the last quarterly as your reasoning. When you have profit margins at 25-50% across the 4 pillars, this statement of yours is absurd. You give an illusion of the Company forever chasing its tail. This is not the case. At the current run rate we should see profit in 12 months.
Just remember this is a high risk speculative company and is priced at $5m MC for a reason. I read and appreciate all points of view, hence why i never had a crack at
@Stockholm but you did. You even threatened him with a potential law suit from the company at one stage. The issues that I have with you is that you have no real idea about what is going on at CCO, all of your posts are based on emotion, and that your posts on CCO now stink of hypocrisy, even after being caught out telling porkies on your hold sentiment.
Lets see what the weeks brings. You have made some calls, as have I. One of us will be wrong, the other will be right.
I will leave you with this post from
@user2345.
Look at the session date. Listen to the interview in relation to October sales, prior session. Look at what these sales cover (only 1 pillar). Do some further reading and see that Zane has been in the US for a month now touring Kava Bars and that we will be getting income from those soon as well. China, who knows... If it goes well then it will be like a winning lottery ticket.
Good luck in your other investments. Feel free to post some positive comments here in CCO in the coming months after any great announcements.
Do the math - that is a 2.4m run rate on Amazon and Australia online alone + the Coles deal + Kava Bars channel starting + China e-commerce + the CJ Patel deal and their B2B company Network Nutrition launching in the USA with those effervescent tablets launched last month. They are growing sales at least +100% vs last year.... still trading at less than 2x revenue. It's super cheap.
(20min delay)