CTT

0.94%

$1.05 cettire limited

Here is a link to see how the co is doing. I expect ramp up to...

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asspen

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13/04/22

23:11

Post #: 60843399
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Originally posted by asspen: ↑

Sure- you probably haven't heard of the company because you were not targeted. How many times you searched for Prada or Luis Vitton or Jimmy Choo on google lately? Are you wealthy? do you look for brands to show off? are you a woman (most clients)?

Regarding them being geniuses - They used only a small portion of the IPO proceeds to date (I even dare to say they haven't used the funds at all), this means that most of their growth was funded internally. How many companies on earth grew from 0.5 million in sales to 300 million in sales in 4 years almost without external funding, aside from a 1.2m loan from the founder? Can you do it by yourself? Lets say you are a young entrepreneur, wanna copy Dean. can you do it? do you know how to do it? How much investment do you need? do you know who to recruite? If I give you only 1M like dean had - can you do it? probably not. So to me it looks like they are definitely doing something right, and something others did not do till now. I scan many co's over the world for many years - this achievement is really special.

Yes they look hairy. But if you look a few years into the future and ignore the noise there is something there and it is probably worth more than the co's worth today.

BTW. Lets say you want only to focus on net sales and not gross sales (the difference is returns). Even on net sales - which will probably be 210-230m this year, they are 1.6x sales. And they can grow 70% next year which again puts you on 0.9x sales for next year - and if they can fetch 2x sales you can double your money. And if, by mistake, they will achieve 6.6% NPAT like they did in FY2020, you get that the company is traded for 24 times earnings of this year, without any growth next year - not that expensive for a co growing high double or low triple digits.

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Here is a *link* to see how the co is doing. I expect ramp up to start by the end of April-beginning of May. If it does ramp up according to seasonality it will be a good sign.

CTT Price at posting: 97.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.05		Change -0.010(0.94%)		Mkt cap ! $400.3M

Open	High	Low	Value	Volume
$1.03	$1.09	$1.02	$16.69M	15.91M

Buyers (Bids)

No.	Vol.	Price($)
2	416612	$1.05

Sellers (Offers)

Price($)	Vol.	No.
$1.06	69373	3

View Market Depth

No.	Vol.	Price($)
2	416612	1.050
3	287993	1.045
3	65584	1.040
5	222053	1.030
4	121153	1.025

Price($)	Vol.	No.
1.055	69373	3
1.060	40872	3
1.065	1000	1
1.070	77879	3
1.075	35000	2

Last trade - 16.10pm 30/08/2024 (20 minute delay)

CTT (ASX) Chart

Here is a link to see how the co is doing. I expect ramp up to...

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

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Here is a *link* to see how the co is doing. I expect ramp up to...

Top Stories

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

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Lendlease sells off US east coast construction operations in latest global divestment push

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Here is a link to see how the co is doing. I expect ramp up to...