I bought CSS yesterday after putting the stock out to pasture many years ago before the share price really went south.
I has a very quick look at the metrics and decided to take the plunge.
It's has positive operating cashflows,
Strong demand for Kingfish growing at a CARG of 28%
Forecasting record sales volume
Reduced production costs
Sustainable and environmentally friendly.
Highly awarded and on the menue of more than 200 Michelin star restaurants.
$3.2 m in debt and $13.7m in cash.
CSS has the scale , market reach , balance sheet and available licence capacity to deliver on its goal of a three fold increase in production in the near term. ( based on their previous comments I assume it will be profitable)
May YTD FY22 records sales volumes +21% and revenue + 37%
Undrawn cash facilities $40m
Revenue per kg $19.03 vs $17.19 pre pandemic.
TRG has had a good ride after some overseas interest who knows what is next
Yesterdays price aberration seemed to appealed to me so I decided to take the plunge and see what happens.
DYOR
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Mkt cap ! $43.28M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 21.5¢ | $8.905K | 41.41K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 34254 | 21.5¢ |
Sellers (Offers)
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22.0¢ | 299142 | 2 |
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No. | Vol. | Price($) |
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1 | 34254 | 0.215 |
2 | 27434 | 0.210 |
2 | 7500 | 0.205 |
4 | 122500 | 0.200 |
1 | 15000 | 0.195 |
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0.220 | 2538 | 1 |
0.225 | 1800 | 2 |
0.230 | 50000 | 1 |
0.235 | 50000 | 1 |
0.240 | 50000 | 1 |
Last trade - 15.59pm 07/06/2024 (20 minute delay) ? |
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Open | High | Low | Volume | ||
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Last updated 10.28am 07/06/2024 ? |
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