CSS 2.08% 23.5¢ clean seas seafood limited

Disappointing price, page-2

  1. 18,756 Posts.
    lightbulb Created with Sketch. 1208
    There is a lot of uncertainty as to what profit CSS will make this year just due to the nature of aquaculture & biomass growths etc.
    I see CSS in a great postion to close to double it's sp from this level over the next 2-3 years as sales & production ramp up but a lot depends on the earnings this year IMO.
    This year IMO is the critical year as a benchmark as from now onwards there is a lot of leverage to increase earnings going forward with very little outlay from the upper gulf site.
    CSS have clearly laid out their expansion plans & target to 2021 which is funded from current resources.

    I personally will wait to see the FY results & reassess from then. It's also worth noting that CSS will be very well protected from any downward tur.n in the Australian economy & although it is still a risky investment it is in a defensive sector. For those reasons i wouldn't sell now
 
watchlist Created with Sketch. Add CSS (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
-0.005(2.08%)
Mkt cap ! $47.30M
Open High Low Value Volume
24.0¢ 24.0¢ 23.5¢ $57.50K 242.1K

Buyers (Bids)

No. Vol. Price($)
2 104831 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 30751 1
View Market Depth
Last trade - 14.50pm 14/05/2024 (20 minute delay) ?
Last
23.5¢
  Change
-0.005 ( 2.08 %)
Open High Low Volume
23.5¢ 23.5¢ 23.5¢ 22443
Last updated 15.18pm 14/05/2024 ?
CSS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.