Cacola Furniture

Re: Cacola Furniture

Postby kialim » Mon Jan 18, 2010 8:58 pm

Cheng wrote:Koda's management is very good. I don't think I have any problems with it, management is very prudent and cost conscious. They are always shareholder oriented. It is still in my watchlist though, the type of management that I would like to have. :)


I like Koda for similar reasons. Koda's chairman statement and MD's operating review read like fresh air among the usual financial reviews found in other annual reports. More importantly, Koda is a family business, which usually attracts my attention during my screening process.

As for Cacola, I still like it for it's financial strength. I only bought Cacola when the prices were extremely attractive, at 4 to 7 cents per share, when net-nets were at 17 cents a share. (cigar-butt investing, useful only to get some puffs out of it)
kialim
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