I think you are incorrect again. A quick look below at COS Financials as listed with ASX data.The figures below indicate that the pe is -1.87 as of the 30/06/09.
Jealous! hahaha,now I know you are kiddin. I actually made a 35% profit on my COS sale. The reason I am not happy with COS was the lack of substantial news.
The reason the company is now turning a profit is federal Gov rebates & that is not a long term healthy formula. When substantial news is forthcoming in regards to the solar system (is that where you got your planet alignment?)we will consider becoming a holder once again. My funds from COS went straight into GBZ @.155 so I'm doing quite ok. I hope for COS's sake (and yours)that they can turn a profit when the free money flow dries up & the general public will buy their products on their own merit. When the stimulus packages dry up there will be a few co's feeling the pressure. So Squawk, I'm not jealous, ramping, down ramping or anything else. But you had better open your eyes to other opportunities as they arise & not get bogged down with COS. Unless you own a couple of million of them & they have a major ann & massive turnover for a few days, you will struggle. The question of div's, well they will have to actually make a profit for a while for that to happen. So Squawk, I am not interested in why you think the management are good guys, only the co's bottom line & the potential for me to share in the rewards. They still have to trade till the 30/06/2010 to register the official pe for 2010. Remember 1 swallow does not make a summer!
Date 30.6.2009 30.6.2008 Total Revenue ('000) 8665.63 15560.88 NPAT (bef Abns)('000) -1986.55 -2833.68 Franking Rate (Final) High Price 0.1 0.14 Low Price 0.04 0.05 DPS (¢) EPS (adj bef Abns)(¢) -3.48 -5.17 Return on Assets -0.33 -0.38 NTA/Share ($) -0.03 0.01 Gearing -3.54 12.71 P/E Ratio (x) -1.87 -1.3 Dividend Yield 0 0 Market Capitalisation ('000) 4165.81 3733.9 COS data updated 30/10/2009 Share Price $ 0.120 Shares 65,589,314 Market Capitalisation $ 7,870,718 Enterprise Value $ 6,939,919
Salty.
COS Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
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