CPJ Optimism Growing – Stock Up 4 Months Straight

February 23, 2021

CPJ has been making losses, even before Covid.

  • On top of that, its sales have declined from U$28m in 2019 Q4 to U$15m in Dec 2020
  • Its liabilities are growing faster than its assets and its equity has been eroded over the last few qtrs, not to mention its negative free cash flow
  • Sounds ripe for a turnaround?

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  • Nash92  • 3 years ago

    Not quite sure but am hopeful, holding a small position for the time being

    on CPJ Optimism Growing - Stock Up 4 Months Straight▼

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    • Nick86 | 3 years ago But their main customers are hotels and tourism taking a beating now. The recent rise in price is a bit unbelievable to me. I also have a small position but I'm wondering what the arrival of the vaccine in this coming week will do for our tourism
    • Nash92 | 3 years ago Not too sure, but I don't really expect to see the effect of the vaccine until 3-4 weeks and that's if we get additional supply within that time
    4