CDC 0.00% 6.6¢ china dairy corporation limited

Just put my bid in using OnMarket, wouldn't be surprised if...

  1. 995 Posts.
    lightbulb Created with Sketch. 15
    Just put my bid in using OnMarket, wouldn't be surprised if there's a slight scale back given what's on offer.

    $40M NPAT
    $89M Cash
    20% CAGR
    Operates in the hottest sector currently on the ASX: Chinese milk
    Seriously cashed up to underpin explosive expansion
    PE less than 4
    Dividend yield potentially in the double digits

    Expecting a good stag here. Wouldn't be surprised if it multi-bagged, take a look at WMC for another under-priced Chinese Co ASX listing (went up 185% on listing)

    DYOR
 
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.