Blueknight, my head says CBD is amazing value at these prices. Just look at the pe of 8 and reveue, profit etc continually growing. However, something in me is nervous about CBD. Something does not add up and I can't put my finger on it.
Is it that they still have negative cashflow (despite good reasons for this in a fast growing company)? Is it the opaque accounts, making it hard to connect all the dots? I don't know.
CBD is one of my largest holdings and I'm not selling down. However, I won't be getting any more. Sorry that I can be no more definate - as always, its a matter of waiting for the next set of accounts to clarify all, but they never do.
CBD Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
