CKR 0.00% 0.3¢ cockatoo ridge wines limited

Where is there a stock with a PE of near three, 3, ie,...

  1. 143 Posts.
    Where is there a stock with a PE of near three, 3, ie, one-two-three?

    Cockatoo Wines
    NPAT $7.3m
    Sales 07:$13m, now, '08:$37m. and rising.
    Margin of 20% AFTER debt repayments.
    Debt: $25m but... $receipts due this qusrter =$22m + cash > $3m.

    ie, cash and moneys due in the next three months EXCEED debt.

    With A$ in decline = more exports
    With interest probably coming down, lower interest payment.
    With possible 50% of debt paid off with upcoming cash, = increased margins.


    PE: 3.1 Does it come any better?

    The only thing it lacks are buyers!!

    Let me be open: I have bought.

    Few risks

    Anyone see any big downs with this stock?


 
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Currently unlisted public company.

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