we are saying we not sure about 2010
companies like COF have work in progress, they pick up medium term contracts to complete a project
therefore (apart from clients defaulting on their payments) COF can predict their future revenue or profits
COF are bullish about 2009, with from memory forecast of EBITDA $70+M
however, the issue is whether COF will pick up enough new contracts for 2010 to maintain and/or improve their level of revenue or whether they will not, causing profit to decline in 2010
therefore, we have to keep a look out for any business forecasts for 2010 e.g. what will be said at the up-coming annual shareholders meeting
however, currently, based in 2009 profit forecast, COF is again way oversold, on a forward PE ratio of 5 at $1.75 share price
we are saying we not sure about 2010companies like COF have work...
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Last
$1.25 |
Change
0.020(1.63%) |
Mkt cap ! $746.6M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.23 | $1.395M | 1.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8724 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 462 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| COF (ASX) Chart |