CKK 15.8% 1.6¢ coretrack limited

market update, page-4

  1. 6,604 Posts.
    lightbulb Created with Sketch. 2852
    I saw the announcment differently leopold. Thought it was really positive. To give my spin on your concerns and I respect you have been in the stock Im sure longer than me and probobly have a bigger percentage of your money in the stock and probobly know more about the stock that me, but this is how I would try to easy your concerns,

    * advanced commercial discussions..no news.

    In my experience its unusual to get even this much from a company before a contract announcment. If the contractractual stuff was completed we would have a contract announcment, we are basically being told one or more are in the bag.

    *$711k doesnt pay for salaries.

    It was the first payed contract, at a discounted rate Im sure. Went succesfully and was to an Aust Gas /Oil major. Rome wasnt built in a day Ill bet the next contract will pay the whole boards annual wages.

    * New premises, no mention of benefits. True but some are obvious like cheaper more available labour, close to international port, materials, support, inrfastructure..

    *CLRS mods...future far away

    Thats tech stocks, they are a world of pain, it takes time to develop products, I dont know where the CLRS is at but I can see it has potential on many levels.

    Having said tech stocks are a world of pain, the upsides with a good tech stock as I believe CKK to be can be enormous.

    Lets be honest we are all here because we want more than the good honest rock solid 5 to 20 percent a BHP will probobly gain in a year.

    I see CKK as having serious 10 bagger potential over the next couple of years, maybe more. But always with the big return stocks comes some risk and some frustration waiting for the market to catch on to what you know or what you think you know.

    Dont know what youve been through in your investing journey with CKK but see a bright future and a great opportunity still to purchase at what may be seen in the near future as bargain prices.

    DYOR Tretch
 
watchlist Created with Sketch. Add CKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.