CNN cardia bioplastics limited

coming down: disposable cutlery contract, page-3

  1. 12,617 Posts.
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    put it this way

    after initially going now way (looking at cash burn) I've changed to the ball is rolling now and they have a real chance

    BUT - unless we kick in we get diluted by another 33%

    I'm in - but still a wee gamble

    the tide is turning though

    if that cutlery takes off alone: look at the market

    add chop stix for Asia and CNN may retire on that ?

    Reality is:

    this is a low margin high volume business

    I think at long last CNN and most SH are getting this

    Secret to success is HUGE volume


    Imagine this to sit @ 0.3/0.4 until consolidation has been done to take this out of the 33%/25% volatility range and SP can appreciate in smaller increments

    My waffle for the day

    Well done Frank - bring on Malaysia and more Brazil
 
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