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4.6¢ candy club holdings limited

I think its genuinely just that existing holders have their...

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MaryJane55

591 Posts.

444

30/04/21

16:41

Post #: 52853618
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Originally posted by Samswindle: ↑

Such a gift at these prices, topped up twice in the past few days despite it taking up such a chunk of my portfolio, cant resist though.

Oversubscribed placement at 22c
Best quarter they've had by far and absolutely not going to slow down
Foot traffic still returning to U.S. - massive tailwind
Doors currently at 17,000 when they're targeting 3,000,000
Have never had to discount product to sell it to businesses despite consistent mental growth
No need to capital raise for a good while and great participation from insiders
Margin improvements happening and further improvement forecasted

and most insanely, James Baillieu buying as much as I've seen a managing director ever buy, and on market.

Did i miss anything?

@T.E.P. on the off chance you stopped watching, if you wanted a re entry now would be a great time imo

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I think its genuinely just that existing holders have their fill. We need some new investors to replace those who are happy (and justifiably) with their 50% increases over a short period and taking money off the table.

Agree with all your points above.

IMO, DYOR

MJ

CLB Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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