Hi All,Im expecting better things for CNN next year. CNNOA is...

Hi All,

Im expecting better things for CNN next year. CNNOA is looking like a good medium term buy and I reckon short term the heads will test 1.5. As usual, all IMO :)

Their last Annual Report stated sales of $1m already this September quarter, which I'm hoping will be confirmed again when they do their quarterly next week.

They are very bullish on their projected profit for next year, stating in the August investor presentation and expected 300% profit increase.

Big numbers to throw around without some sort of confidence, which IMO aligns with them Ramping up their Nanjing facility to 10k tonnes output (100%) apparently to meet demand (I read into this more sales expected and/or booked).