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Catch the Wind Ltd V.CTW



TSXV:CTW - Post by User

Post by brucewjxiaon Jun 10, 2012 3:03pm
398 Views
Post# 19997569

worry

worry

I don't quite understand why so much negative thinking at this time.  Yes, the company needs financing, if the first big order is 100 units and sale price is around 60,000 per unit, the estimate GP is 20%, the total revenue will be $6M, and the cost is $4.8M.  They have about $6M in cash or inventory, I don't think they really need to do a huge financing in this case.  If the first big is 500 to 1000 units, do you really care which way they do financing?  It will show a profit anyway!  The SP will go up anyway!

 

Also by this way, I believe our biggest share holder HH will not allow a share consolidation, it will be the same meaning that the shares get sold at cheap price.  I don't think it will happen either.  So what will be happen in the future will be the continuous orders at around 100 units for each and debt financing.

 

If my guessing is right, we will see SP at a buck by the end of this year.  I am holding quite a few shares, I won't sell them in the near future.  Good Luck to everyone!

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