CSS clean seas seafood limited

breakes are broken - r v looking at 8c soon?

  1. 13,334 Posts.
    lightbulb Created with Sketch. 93
    Seems like all breakes have been broken this week with over 45 million traded in upward direction.

    As company reported in November;

    "Including the $6.157million R&D tax rebate, after tax profit is expected to be in the range $1.5million to $3.0million for 1st Half FY2014.(*Note: This could be even more depends on fish growth rates).

    The Company’s earnings are seasonal, with higher earnings recorded in the second half of each financial year due to higher fish growth rates during Summer and Autumn when the seawater is warmer."

    Believe CSS still has long way to go & This week is just a beginning of long journey. We already touched over 6c twice in 2013 and with expected profit and excellent growth, we should soon be looking it to pass through 6c and settled at or over 8c for short term. Long term, who knows where we will be :).

    All in my opinion only. Please DYOR.
 
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