Post by
captwade on Aug 26, 2020 1:11pm
Time to put on the Big-Boy pants.
When a company is trying to stimulate the share price they should at least take advantage of the more obvious ways to do so.
These guys missed an obvious opportunity to revise the sales projections for this year. Did they not predict 10% sales growth? With first 6 months up 43% and most recent quarter up 53% the year would finish up 21% even if Q3 and Q4 were totally flat, something which seems highly unlikely at this point.
It was good to see the TMX site revised to reflect the current financials by showing a P/E of 30 and as Fossi mentioned recently we are trending towards a year end P/E of 13 or so.
There is little not to like with Ceapro currently and those of us who hold shares are probably in for a nice ride.
Comment by
EbbFlow88 on Aug 26, 2020 2:19pm
Not many sellers here and there's a large spread. 1,200 shares today so far. Very encouraging. Most here seem to think similarly. Can't wait to see what this PGX deal will look like.
Comment by
Ciao on Aug 26, 2020 2:20pm
Great point. They could have put a "!" on those great results noted in Q2 (and for H2) and revised upward revenue projections for the year. Not even promotional if they said we will meet or exceed our 10% rev increase from 2019, perhaps be bold enough to say rev increase of 20 - 30% and still leave room for a surprise. Guess they are not that promotional at all.