Australia's largest stock trading and investment forum Australia's #1 stock forum

CGB

Click for more information

0.00%

2.1¢ cann global limited

I'd say if they're already profitable and have a mc of...

First 10 Last

Share
Profile

Follow
Wizardwiegy

2,184 Posts.

660

03/02/20

09:36

Post #: 42708853
Share
Originally posted by Tomasp: ↑

Hmmm not so true... its still bad...

I'm looking at another company (won't list the name here so that the comment doesn't get pulled for cross-promotion). But this other company has a Market Cap of $17 million AND is actually profitable at the bottom line.

In comparison, the latest quarterly for this other company had:
Revenue of $4.4M for the quarter
Product Manufacturing and Operating costs of only $2.018M (i.e. under 50% of revenue, and in contrast to CGBs 130% of revenue)
and Net Cash from Operations (i.e. Revenue minus All Costs associated with Operations) of $1.3M for the quarter - I.e. profitable cash flow

This is a remarkable difference to CGB, is it not?

Expand

I'd say if they're already profitable and have a mc of $17m that the company has next to no scope to grow.
CGB Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 48 more messages in this thread...

First 10 Last

Add CGB (ASX) to my watchlist