CDC
Click for more information
0.00% 6.6¢ china dairy corporation limited

CMCI reported a $30mil+ loss for the September quarter. Mainly...

  1. marty386
    9,522 Posts.
    lightbulb Created with Sketch. 3
    clock Created with Sketch.
    01/01/16
    20:45
    Post #: 16713663
    CMCI reported a $30mil+ loss for the September quarter. Mainly due to a restructure as a result of the ASX listing. I think the market saw that figure and panicked.

    Normally CMCI have a net profit of about $7mil.
    It's just an artefact of an accounting reshuffle.
    CDC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

IMD IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent
right-arrow Created with Sketch.
G88 Golden Mile ditches Marble Bar and Murchison tenements after weak fieldwork results
right-arrow Created with Sketch.
AWJ Jeffrey's Find delivered $6.3M in gold sales for August, says Auric
right-arrow Created with Sketch.
MOV MOVE Logistics picks new interim CEO to take over operations from early September
right-arrow Created with Sketch.
NEWS Appliances and furnishings impress - will Harvey Norman be next?
right-arrow Created with Sketch.
WNX Wellnex sees first special access scheme prescriptions for new Wellness Life brand
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CDC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.