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$3.19 costa group holdings limited

Ann: Half year results announcement, page-79

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23/10/19

06:48

Post #: 41020174
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Originally posted by Cato: ↑

Hahaha i loved that text about capital raising. Are u shorting mate ?

look..

lets go step by step

1-now this share is pe 13x when most of “others” are 16-18 or more..

2- the company dont need any aditional capital. We didn’t mame any loss our assets was not sold and webare not buying any other one. Why CR?

3-if that is not enough the report clearly inform that ALL major loans was renew for 3-4 years. Meaning, plenty facilities if we need 1 quarter or two manage any cash flow problems.

4- finally they inform not just all was renew but they (banks) increased the limit to 500 millions

good try mate!!

i suggest u review your decision because you are facing the bottom of something deeply oversold in a verge to major reversal.

just my view, not advise

cato

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big Cato
you still long mate......
told you a CR is coming

CGC Price at posting: $3.46 Sentiment: None Disclosure: Not Held
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