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Catamaran Corporation CTRX



GREY:CTRX - Post by User

Bullboard Posts
Post by SurfForWealthon Jan 15, 2004 7:02am
191 Views
Post# 6896352

Good report

Good reportI am quite satisfied with the report. They met estimates, the revenue growth in US$ was 22% exceeding the previous 2 Q's of about 15%, the net margins for this Q were 11.8% exceeding the ttm of 10.1%. This is quite favourable in light of the currency effect. The impact of the currency continues to hamper the results in Cdn$ but that should not come as any surprise to anyone. This is in line with what I expected and why I currently have this stock with minimal weighting in my portfolio. It's a good business but the currency effect is suppressing how good the results are for Cdn citizen's. Maybe they should sell it to a US outfit? Cheers!!!
Bullboard Posts