CI1 Bankruptcy & Debt Reduction ''is the future''. Massive...

  1. 10,454 Posts.
    lightbulb Created with Sketch. 834
    CI1

    Bankruptcy & Debt Reduction ''is the future''. Massive Market share in Hong Kong, Singapore & most recently Australian acquisition. Business model can be taken anywhere, further acquisitions into the future In US & Europe perhaps.

    Chart Update

    TA
    - 2.4 = Major Support
    - Hit and bounced straight off the 200 Day MA last week
    - Chart has set up as a very ''Bullish Pennant''
    - Approximately 2 weeks to possibly push out of the Trend-Line here

    FA
    - 'Bottom fished' this one a bit, but leading up to the Financials / Full Year Report and another Divvy from an expected NPAT of between $2.5 - $3.0 Million (+420% Increase) on receipts close to $14 Million (+125% on pcp), should receive some further attention.
    - With funding drawn upon when required from LSW (LS Whitehall Group) I don't see a problem with paying divvy's every 6 months here, as well as providing shares for acquisition to keep Cash tight, all things look rosy @ CI1.
    - Alan Kohler suggesting a figure of 100,000 Bankruptcies / Insolvency’s Post COVID across Australian Business on ABC News Sunday night. September 25th is the cut off date when the recent law of being able to trade insolvent Ends....

    ci1 a.JPG

    Last week and a half of Broker Data is building
    CI1.JPG
    Last edited by Key Sole: 03/08/20
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.