CPR 0.00% 15.0¢ clivpee limited

a whole load of hot air

  1. 425 Posts.
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    In my opinion after following this stock since floating.The reason this stock normally does not get a comment is that it is a whole load of nothingness if you analyse the business. Cash flow is essential to keep the directors from selling more shares as stock has to be paid for. They rent premises in the new stores so they have no equity in them.A lot of stock that fills their stores is the property of the suppliers and when the next reporting comes out everyone should be able to read that there is virtually no return on thier money.Sure the share price is high as it has been driven up by directors buying up shares to hold the price up. A company cannot substain the share price nearly tripling in since floating without any extra profit being created. It will be interesting watching. I hope i'm wrong for all the small investors because the big boys are playing with this one.
 
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Currently unlisted public company.

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