Surprise
Many analysts are going to be surprised when CAS annonces its first quarter results in about two weeks. The full effect of the devaluation of the CND will be reflected in the first quarter results. I will be very surprised if the quarterly earnings will be less than $ 0.20/share. Earnings for the next quarters will be even higher as the impact of the new machine (which will be a low-cost producer) starts to be felt fully.