COS 0.00% $1.23 cosol limited

Squawk,I think you are incorrect again.A quick look below at COS...

  1. 281 Posts.
    Squawk,

    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.
 
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