Replies to post #5305 on Coda Octopus Group Inc (CODA)

[hweb2]

Yes a value investor. Hope you're right about the 'growth' here. CODA has been working on lots of cool things, yet revenues have been stuck around the $20M level for many years. Maybe this will finally be a breakout year for them.

Numbers last quarter looked good. Til you realize they were just recovering back to where they were 2 years ago. Same will be the case for the quarter they report next month. Favorable comps at least.

Here's the 2 10Qs from last year to show the big declines vs. 2017:

https://www.sec.gov/Archives/edgar/data/1334325/000149315218003544/form10-q.htm
https://www.sec.gov/Archives/edgar/data/1334325/000149315218008677/form10-q.htm

Then things will get tougher. CODA may struggle to show much, if any, growth against those tougher comps starting with the report in September.