CKA 1.28% 7.7¢ cokal limited

platinum still buying, page-16

  1. 1,834 Posts.
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    Agree exclusive... all companies come with a risk, one of which for CKA was highlighted as a concern by SJ and AC. The barging issue can impede on quarterly financials dependent on the season, however I believe the company plans on stockpiling during the good months. We also have the best technology on the river (sourced from barging the Mississippi - way too many 'ss') and with partnerships of local experts in barging via JV. It's certainly not a fool proof solution, however I'm comfortable Cokal is minimising the risks to the quarterly balance.

    Agree AC lets keep it balanced, we are all singing a happy tune as we've done our research but there are still risks involved in this play. AC I think there is still some selling but not someone BIG.

    Platinum doing a great job today in stifling any possible run on the price.
 
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