Replies to post #3689 on Coda Octopus Group Inc (CODA)

[Traderfan]

Trader, What do you mean "guide"?

Just look at the prior posting of Researcher. If someone believes it will be a weak quarter is anyones decision of course. But you are right, 2 quarter ago they also guided for rather weak Q3 and Q4 in the Q2 filing and they were both strong. So who knows.

[1center]

I would expect some one off expenses in Q1 but I still don't see a problem. They have a lot of events coming, in Feb.& Mar.holding what I have. Annual Report looks good improved the balance sheet as well

Go CDOC

[Katfish]

Notice that they hedged their warning with this:

Nevertheless, we believe that usage of the equipment is growing and is being seen in the oil and gas sector and underwater construction as tool of choice for their operations.

We would also expect that our strategy in opening a sales and distribution office in Perth, Australia will help in entrenching the technology within oil and gas operations in general and paving the way for significant sales of the equipment.

[1center]

Im in total agreement with your assessment 'multivalue'
$CDOC #CodaOctopus

The new regime is always claiming "the sky is falling", "doom and gloom", "not so good looking forward", etc. in their financials - and for good reason

Why? To much to post LOL but, I re-read 10k #4 on pages 19-21 and #6 on pages 23-24

On 1Q I do expect increased expenses, or the price of building
a business and growth going forward to a great future.

BTW Q1 wasn't one to write home about last year, but good.

I added Thur&Fri wish I was quick enough to have got some
.13s the other week maybe we get another chance.

This ain't only a good feeling I have the Company has substance
and well diversified as a group.