CDA 1.67% $15.24 codan limited

Ann: Profit Guidance , page-27

  1. 71 Posts.
    Interesting theory that it is a cyclical company but can you explain what cycle their earnings might be linked to? The latest profit guidance still claims NPAT expectation of $45mill which is substantially above any previous year. Gold detection is a big part of the income but if you read the announcements is only a part of their market. Others include mine detection, radio communications and mining communication equipment.
 
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