I still haven't had the chance to go through the results as fully as I'd like.
Personally I like horticultural stories like CBO, high barriers to entry as it takes years to get a return on the initial capital outlay but once the trees are fully mature they are a cash cow.
Main negative perception that I can think of is that the market may not like their market dominant position in their only mature market, Australia. However, that overlooks their position of strength and the success they have had to date in penetrating the US market with a mix of Australian and Californian grown product.
CBO Price at posting:
$1.72 Sentiment: None Disclosure: Held
