CDD 3.13% 31.0¢ cardno limited

CDD -- The Next Two Years, page-5

  1. 121 Posts.
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    It's a people business, if staff don't like the management they can leave. No doubt Crescent fails to understand this - a factor in poor Australian results.

    @sailnyssa have you looked at the depreciation.
    I don't claim illegal fraud but think there's a fair bit of legal "creative accounting" - not an expert or interested in how these guys are doing it. Accelerated depreciation now means lower stock price for buyback and higher "profit" later.

    Crescent will look to sell on PE ratio rather than EBITDA - they can make DA very small if they write off their assets. It's all bullshit.

    If this is so obvious, imagine what an actual analyst would find.

    320m shares seems about right, good luck buying 80m shares on market without moving the price. We need some more big sellers to step up.

    Stop posting or they may change their minds, woe is me end of the world @Germantheologist is right - price target 5c/share.
 
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