CDA 4.66% $12.35 codan limited

segment result

  1. 3,382 Posts.
    lightbulb Created with Sketch. 43
    page 41 of the financial results note#3 segment activities
    metal detection the result in 2014 is 22.9% comparied to 47.3% in 2013
    I wonder, how much of this is junk and is a once off ,a result of inventory write-off heavy discount and clearance of stock.
    a 30% result would add another 5 million to the bottom line take away a third for tax implies a protential $3.5 million to the bottom line interesting
    opinions would be weclome
 
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