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Bullboard - Stock Discussion Forum Catch the Wind Ltd V.CTW

TSXV:CTW - Post Discussion

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Post by brucewjxia on Jun 10, 2012 3:03pm

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!

Comment by Dytyjeje on Jun 10, 2012 4:27pm
Good perspective... I`m holding for the long haul as well and will add more share at these levels!!!!!!
Comment by errussell on Jun 10, 2012 5:56pm
Well put Bruce, I have been long here and will continue. This company has way more up side than down. We can easily absorb a financing and the bigger the better. The sooner we put money concerns behind us the better. The orders will come and hopefully also the bigger the better. A few medium size orders might even keep them from doing a financing and that wouldnt bother me one bit.....slow and ...more  
Comment by boomboom2 on Jun 10, 2012 7:42pm
Wanting It all tomorrow.LOL.   Nothing wrong with trading your traders. Its the core that counts.     BB2.