Ceapro will go bankrupt in the end?1. Ceapro's Main business is very unstable. Almost single product fo a single big client (JNJ). It seems the big client is changing their products. If JNJ changed products and does not use Ceapro anymore in the future, Ceapro can not survive. The whole picture will be changed totally.
2. Piplines: why so many people still beleive in a management team who never succeed in any pipline during the past 10 years. 10 yeas is enough.
Enough is enough. The management team even does not believe in their words by themselves, they never buy stocks by themselves, whatever the stock price is (because it may go to zero at last). Why keep trying pipelines? The pieplines can give shareholders hope and keep management team's job and salaries. Buying time, the slower the better. Nobody wants to see the final result of any pipeline. Please stop dreaming, and be rational, this is the key to be a successful investor.
3. The unstable main business is burning cash, the piplines are burning cash too. To keep their job, the mangement team plan to take risk and do acquisition. This is the last and risky solution. The risk is huge, and the final result is very bad in most case. Pls remember, the mangement does not hold much stocks, and they never buy the stocks. They care their job much more than the stock price and shareholder value. If you keep dreaming, you may lose 100% of your investment from this risky company.
In short term, the loss will be huge this year. In the long term, the risk is even more bigger. This year may be the best year compared with the following several years. If the business trend continues, going bankrupt is possible in the long run. Any rational discussion and suggestions?