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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 > This is just soooo ugly
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Post by boazklinghorn on Nov 24, 2023 10:49am

This is just soooo ugly

The price action continues to be super scary as we wait endlessly for 3Q numbers. I wonder if Gilles or Ronnie will address their shareholders at some point. HaHaHa no i don't they are all snuggled up somewhere in Eastern Canada probably already on Christmas break. #oldmanpower
Comment by PBaelishh on Nov 24, 2023 11:34am
Share price now at break-up value as at end of Q2... 24.5. Nothing much to analyze until Q3 comes out and given last year's Q3 being released Nov. 9th... in a record year, this year's Q3 coming out 3 weeks later doesn't bode well. I expect the results will be horrifying and break-up value will drop due to cash burn and the share price will reflect that within a few days. Get ...more  
Comment by Ciao on Nov 24, 2023 3:18pm
It's a non-confidence vote for Gilles' leadership. Even after H1 2023, the share price could only be valued for about 10X current earnings or about 6X ex-cash. Zero premium for the pipeline shows how the market has no confidence in Gilles ability to monetize PGX. The lack of confidence is shown by insiders over the 10 plus years with zero insider purchases. The company needs a new CEO who ...more  
Comment by prophetoffactz on Nov 24, 2023 9:51pm
Ciao, "Zero premium for the pipeline shows how the market has no confidence in Gilles ability to monetize PGX." Ciao doesn't understand that we are still very early. Ciao wants Gilles to hype CZO like Xebec which Ciao spammed on this messaage board and then went bankrupt. PGX is operational at the 5 Liter pilot-scale level only. FIVE LITERS ONLY. PILOT. If CZO can successfully ...more  
Comment by prophetoffactz on Nov 24, 2023 11:36am
Doesn't look pretty. I don't know how long in advance a large order is placed but you'd think CZO would get 30-60-90 days notice. Are we into bookings for Q1 2024 now? If the order isn't being filled in Q4 hopefully the order is in place for Q1 2024. Next Gilles said the preservative free, powder beta glucan is expected to be launched "very, very soon" with Symrise in his ...more  
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