CNN cardia bioplastics limited

burn rate ?

  1. 6,020 Posts.
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    I've gone through the chairmans report etc and can't find a forecaste for the 2012 budget/burn rate.

    I assume such a statement hasn't been made as there are so many variables - but generally the issue is sales.

    Couple of questions for long termers.

    Anyone know the relative cost (premium?) of bioplastic bags over standard?

    Anyone been to their AGM's and met their exec - and can vouch for them? (Bottom line is always the motivation of the exec!)

    I see the charts looking good for a cup n handle breakout - possibly on good quarterly sales news - if so - the volume of late being a 14 year high suggests this is a significant time and CNN appears out of cycle to the general market having a momentum of its own.

    Such a good story and the Malaysian expansion looks real healthy for 2012, which is where I assume the real sales growth starts from ... China trend ... why the drop in 2011 - didn't seem to be addressed in detail from what I can see.

    Regards
 
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