CNN cardia bioplastics limited

big day of trading!, page-3

  1. 11,407 Posts.
    ha ha Steini

    I've got a green background and if someone like KFC who needs a squeeky clean image in every regard adopts CNN's product its going to be adopted quite likely imo by KFC in other states, then other company's and more and more.

    The other product they have that looks like its ready to roll out is the biofilm which looks to be be a biodegradable clingwrap type of film placed over food products, something we may see in coles / woolworths, butchers etc.

    Its a massive boost of confidence having KFC on the books, not only for the income iut gives the company but quite possible a growth explosion in terms of other people signing up to use the CNN products.

    OBJ is trying to get 3M to sign on to use their product, well CNN just literally won KFC as a customer who they will supply KFC at an agreed price, they have a big name customer, volume wise too, I'd say it will be a great customer.

    There was a heap of selling into the news today but CNN hasn't moved for so long you's have to assume some long terms are happy with 20 or 30% profit and good on them for holding in there.

    I feel bad coming in now on the announcement but to be honest knew a little about CNN but not about the bags and they we're targetting customers like this.

    KFC on the books is an amazing name to have for others to trust and become a customer.

    The media is onto it already and seem impressed.

    CNN should be getting a fair bit of attention from here on in.

    Its a pity the market didn't really see it but it flew up and back pretty quick and probably sat well under the radar of many people's noses.

    I also noticed VLA, SMA and others that the traders have been all over getting a belting today as well as most of the market so it would seem CNN didn't get a lot of notice.

    It did well on a day also with a strong of red DOW nights so I reckon tomorrow onwards we'll start to see an increase in price and volume, media circulation etc.

    Definite one to put on your radar imo and do a quick bit of reading and extrapolating.

    Signed a major global company, excellent product and we're having green everything stuffed down our throats and its said to be the future...couldn't be better positioned imo.

    Also..that placement in 2 months, bring it on, the price could be 10c by then and we could be up 4 or 5 times.

 
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