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CDOC - Coda Octopus

post #1 of 11
Thread Starter 
Coda Octopus (CDOC)

 

Business Description:

 

Coda Octopus is recognized internationally as a specialist in underwater technologies for imaging, mapping, defense and survey and is a leading supplier of geosurvey solutions. Its real-time 3D imaging product, Echoscope, is leading edge technology for port and coastal asset security, defense, security and oil and gas applications, revolutionizing the capture and visualization of subsea data.

 

 

 

stock-chart-str.aspx?id=CDOC&ca=24062939
post #2 of 11
Thread Starter 

Quarterly came out yesterday, they had another profitable quarter. Lots of volume and price movement on no news! News may be out next week, if so, then it could really move. They plan on going back on the BB by this fall.

post #3 of 11
Thread Starter 

Time to look at CDOC again. price is creeping back up as their quarterly is due. Also, the end of the fiscal year is approaching and they have stated they will be filing audit financials to get back on the OTC BB  again.

post #4 of 11
Thread Starter 

Incredible earnings report!

 

025 ESP for the quarter, Cash and cash equivalents of $3,480,865, and fully reporting by the end of the year.

 

This should really move well over the next 4-6 months.

 

http://www.otcmarkets.com/financialReportViewer?symbol=CDOC&id=90642

post #5 of 11
Thread Starter 

Time to look at CDOC again. Their quarter, as well as their fiscal year ended in October . It may be a month or more before they report earnings, but I'm alerting everyone very early this time because buying may start to trickle in now for several reasons.

 

1) They've reported record earnings the last several quarters, and there's a good chance they'll do it again.

 

2) And this one is a biggie.......they have stated that they will be reporting audited financials again by the end of the year and get back on the OTCBB, so that may also be in the next PR along with earnings.

 

Going back on the OTCBB puts them in view of many new investors (the ones who normally don't invest in Pinks).

 

If they report both record earnings and going back on the OTCBB, then the current share price could be gone for good.


Edited by Kaad_g - 11/4/12 at 5:52pm
post #6 of 11
Thread Starter 

CDOC picking up a little steam today, ended at .09. I don't know if news of earnings are on the way this week, or people are buying in anticipation of a good earnings report next month.

post #7 of 11
Thread Starter 

The next two weeks should prove interesting. The annual is due before the end of the month; and news of audited financials is also expected.

post #8 of 11
Thread Starter 

Filings/news is due out this Monday Feb 4. Price has been creeping up the past few weeks.
 

post #9 of 11
Thread Starter 

News out; great annual report. Revenues of $21.1m, net income of 4.9m. And the 10K was audited, so I'm hoping they get off the Pinks soon.

post #10 of 11
Thread Starter 

CDOC slowing moving up in anticipation of the Q coming up.

post #11 of 11
Thread Starter 

Another great quarter with $651,343 net profit and over $5.3 million cash in the bank. They are well positioned to get their annuals audited and back on the OTC. Last year they went from sub penny to it's current 12 cents. This year they should also have a significant price increase again as they continue to increase their cash balance and become fully reporting.

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