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CDA, CODAN LIMITED
nipper
post Posted: Apr 1 2021, 09:33 AM
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Codan Limited (ASX: CDA) has entered into an agreement to acquire 100% of the shares in US-based company, Zetron, Inc., from JVCKENWOOD Corporation. Established 40 years ago, Zetron is a leading US based company providing mission critical communications and interoperability solutions for public safety, transportation, utilities, healthcare and natural resources customers. Zetron operates from locations in the US, Australia and the UK, with more than 200 employees.


The acquisition comprises an upfront cash payment of USD45 million (approximately AUD59 million), which will be funded through a combination of existing cash and a recently approved banking facility of AUD100 million. The acquisition is on a cash free, debt free basis and is expected to complete by 30 April 2021, subject to obtaining change of control consents and other conditions precedent standard for transactions of this nature.


Zetron is expected to contribute approximately AUD67 million of sales and AUD8 million in EBITDA under Codans ownership in FY22 and therefore it will be earnings per share accretive.


.... and market liked it; CDA at $15.50, an alltime high




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Feb 16 2021, 04:15 PM
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Above $13.

Codan has entered into an agreement to acquire Domo Tactical Communications (DTC) from a private equity company. DTC is an established technology provider for high bandwidth wireless communications with specialist capabilities in MIMO Mesh networks. The company will pay US$88 million (A$114 million) upfront.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Sep 23 2020, 12:03 PM
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In Reply To: nipper's post @ Aug 20 2020, 11:02 AM

pushing higher.... $11.25
(missed this run up ; will not chase)




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Aug 20 2020, 11:02 AM
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FY20 SUMMARY
Highest full year profit in the company history.
Record Metal Detection and Communications sales
Annual dividend of 18.5 cents, fully franked; 11 cents today
Strong balance sheet continues ... $93 million net cash
Invested in excess of $30 million in product development


SP has hit all-time record high of $10.10 this morning... over 12% up today



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
arty
post Posted: Apr 7 2014, 02:09 PM
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In Reply To: batikit's post @ Apr 7 2014, 01:41 PM

Hi batikit;

yes, BKN has shown me a series of signals in recent weeks.

Attached Image


The problem is, I can't trade every bouncer, and as Mining Support is already overrepresented in my portfolio, I gave it a miss.



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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
batikit
post Posted: Apr 7 2014, 01:41 PM
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In Reply To: arty's post @ Apr 7 2014, 01:32 PM

bkn similar chartand breaking out today
have u got it in ur scan arty

 


arty
post Posted: Apr 7 2014, 01:32 PM
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In Reply To: balance's post @ Feb 20 2014, 11:10 AM

CDA popped up from my morning scan. Note Bullish Divergence in MACD and volume suggesting accumulation.
Price comes off a previous support zone (Low on 12/12 last) which could lead into a Double Bottom pattern.

Attached Image


Too early to be sure; therefore I've set an alert for a break of 72c.



--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
balance
post Posted: Feb 20 2014, 11:10 AM
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Had these on watch for yield a while back at about $2 (not bought thankfully, too risky)
Had a look today after yet another big fall. Interim down to 1.5c from 6c. ohmy.gif



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Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
Investor: Salt of the Earth.Sits to the right of God (Warren Buffet)
Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.
 
NZmale
post Posted: Sep 5 2010, 03:25 PM
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In Reply To: RADIO's post @ Aug 21 2007, 12:38 PM

hi all


anyone got any thoughts on this share?


thanks



hamesh

 
RADIO
post Posted: Aug 21 2007, 12:38 PM
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user posted image
Recent ShareScene.com Radio Broadcast (20/08/2007 11:00:00):
CDA - 2007 Full Year Results - Mr Mike Heard, MD and CEO

N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.
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ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.
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