CNN cardia bioplastics limited

andydepends on who you manage to talk to; there is some "old SH"...

  1. 12,617 Posts.
    lightbulb Created with Sketch. 181
    andy

    depends on who you manage to talk to; there is some "old SH" who have an ax to grind, or are a bit tired of promises and not too much happening.

    Let's see if all the current announcements (poss. indicating a certain stage of "maturity" of the product line) will translate into real figures SepQ and onwards.

    As for cash burn rate: check the Q's; they are supposed to have a section for "estimated cash outflow for next quarter" - section 4e I believe

    Always thought CNN had a good product line but failed to come up with sales figures to self-sustain; may now be a different game BUT will need lots of consecutive quarters to prove CNN can become first of all cash-flow neutral and then start spinning a profit.


    (all "start up companies" especially of the nature of CNN do have a prolonged period of cash-burn (CR and SPP etc) - just how well that was managed: you need to read all the public reports and form your own opinion;
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.