I always believe in this quote, if you take care of the top line, the bottom line will take care of itself...
I'm always quite amazed at the Culture thats been instilled into Codan, its this culture of quality, sensible acquisitions' and finding CEOs that aligns with our values to continue on the work.... it has worked wonders so far and will continue to do so...
compare to 5 years ago, we are such a different company now... I'm excited to see what the next 5 years will bring to Codan... will they kept on building their market share in the defence space or will they expand into other areas ?
The recent sanction by the PRC on Domo reinforced my view that Codan is gaining a very nice market niche and establishing themselves in the government military spending.... with the amount of money USA and other western countries spend on defense every year, Codan will get revalued again...
We just needs a bit of marketing and put an AI in front of our name and the share price will go to $20.... but don't think BoD will care too much about this...they just want to do they job and deliver
CDA Price at posting:
$16.08 Sentiment: Buy Disclosure: Held
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