CAV - Cavalier Corp (Carpets)

**bull....** · 26-11-2015, 03:37 PM

there fundamental problem was old geezers didnt want to change there views on wool,
price conscious people were always going to go to low cost synthetic.
massive opportunity now for them to rebound as there synthetic graph of sales show only 2yrs of sales and its starting to accelerate so they can easliy achieve big sales with right marketing godfrey will be worried now they are getting there act together

stick with my 80c price target

**golden city** · 26-11-2015, 03:37 PM

it is certainly looking better at 60c already

**vin** · 26-11-2015, 04:01 PM

hmm will keep an eye on this, secured TIL profits.. out for something new

**vin** · 26-11-2015, 04:03 PM

hmm will keep an eye on this, sold out of TIL.. looking for something new

**golden city** · 26-11-2015, 04:14 PM

i already sold til too..to get in already

**golden city** · 29-11-2015, 09:23 AM

have valued cav at 75 to 80c this around...if target met...over 1.35 next year

**silverblizzard888** · 29-11-2015, 03:12 PM

Thanks PSE for your useful insight and Jantar for passing on the message.

I think I agree with most of it that. I myself thought they were a bit undervalued, but there was never any sure sign of a big change, which made me hesitate about getting in early. I viewed it in the way that if they made 1 million in their worse year, then after that would likely be a good sign with a change in business direction.These last few signs have made it clear they are back on their game. The one thing that still worries me is their debt levels, which could be lower, but its never perfect in any case. Kind of reminds me of THL a couple of years back when they were saturated in debt and when things started changing around, everything started to change around.