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Bullboard - Stock Discussion Forum Ceapro Inc V.CZO

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human... see more

TSXV:CZO - Post Discussion

Ceapro Inc > Share price
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Post by fossi_2002 on Nov 02, 2020 10:36am

Share price

Ceapro achieved 2.8c earnings per share in the first 6 months.
In the 2nd half of the year I estimate the profit a little lower at 2.2c per share.
This results in a P/E of around 14 !!!
The stock exchange pays nothing for the imagination in the numerous research objects.
Our family holding has steadily expanded its position over the past few months and I think that we now hold the largest position in Ceapro shares.




 Ceapro achieved 2.8c earnings per share in the first 6 months. In the 2nd half of the year I estimate the profit a little lower at 2.2c per share. This results in a price-earnings ratio of around 14! The stock exchange pays nothing for the imagination in the numerous research objects. Our family holding has steadily expanded its position over the past few months and I think that we now hold the largest position in Ceapro shares.

 
Comment by EbbFlow88 on Nov 02, 2020 11:23am
Glad to hear from you fossi.  Lots of tightly held shares out there! November will be an interesting month
Comment by Ciao on Nov 02, 2020 12:00pm
Fossi, I can see why this could be your family's largest position. There was a time I used to be concerned about liquidity in stocks. They say that as a rule of thumb you should not own more than 10% of the average daily volume.  It's laughable here with daily volume of about 30K shares. Liquidity is not a concern for me as I believe once the story unfolds, trading volume will ...more  
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