Ceapro Inc V.CZO

Ceapro Inc. Reports Fourth Quarter and Full Year 2020

[Mofonomo]

https://ir.ceapro.com/press-releases/detail/208

[Stocker46]

Basically what I was afraid of. Net Loss of $539,000 for the quarter & $348,000 for the 2nd half VS a Net Profit of $2.2 M in the 1st half. They're going in the wrong direction.  I know, I know, everyone is looking for the BIG deals. "corporate developements on their pipeline and status of the Germany plant is more important". .. and when we get additional "significant

[Ciao]

Sales Q to Q are lumpy, H1 was very good and not sustainable, so best to look at yearly rev. The UofA NR spurred interest as that gets us closer to the elusive deal. Lack of new details in today's NR that could accelerate a deal resulted in this ho hum reaction today. It's a waiting game.

[Stocker46]

Agreed Ciao. For those who are willing to wait for as long as it takes, I truly hope you're rewarded for your patience & loyalty. Personally, I would rather make some money now and not have to worry about whether Gilles is capable of taking the company to the next level and eventually becoming a big success. If I was 20 years younger, I might take a different approach.

[Ciao]

Stocker, A lot of us don't have as much time to wait, including myself and would have hoped that CZO would be at much higher prices by now.  I take it you must be 57. Hope is not a good strategy but with the latest work completed on alternative carriers, I would believe a deal could be struck before year end if those interested parties are still at the table.

[lscfa]

Covid hoarding by customers in Q1 and Q2 distorted things. Q1 2021 is over. Why not give some prelim no.s?       Revenues Cash flow ops Q4 20 2,706,312 (60,816) Q3 20 3,475,625 674,198

[Minty_33]

So much for gold metal Gilles. The market obviously doesn't like the ambiguity in the press release He says alot without saying much. No time line for the Germany plant and still no location. 

[lscfa]

  Gross Margin Q4 Q3 Q2 Q1 Annual 2020 37.0% 47.8% 55.4% 55.5% 50.4% 2019 43.4% 34.8% 47.9%

[prophetoffacts]

This post has been removed in accordance with Community Policy

[Ciao]

Relatively weak Q4 rev was the issue, but within forecast.

[prophetoffacts]

This post has been removed in accordance with Community Policy

[Stocker46]

Proph .. coulda, woulda, shoulda ? As usual, no real guidance for 2021. Ist Quarter was over 22 days ago .. if the numbers were good, Gilles would have said so .. but NO COMMENT!