Should You Invest in Capilano Honey?

Capilano Honey

What Happened to Capilano Honey Share Price?

Shares in Capilano Honey [ASX:CZZ] rose over 3.9% today. They are now trading at $9.56.

Why Did This Happen to Capilano Shares?

Capilano reported yesterday that its profit and revenue growth both increased on the comparative period last year. It’s also paying down its debt.

What Now for Capilano Honey?

I asked our Small Cap Analyst, Tim Dohrmann, for his take. He told me,

‘Capilano is roaring to new all-time highs. Its business continues to improve, the company is smartly using cash flow to pay down interest bearing debt, and the recent rains bode well for stronger honey production volumes.

‘It’s pleasing to see export sales to the Middle East and Asia growing. There’s plenty of scope for this growth story to continue to play out profitably in the coming months and years.’

If you’re interested in further analysis on the profit opportunities in small companies like Capilano, click here for more.

Callum Newman
Editor, The Daily Reckoning

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Callum Newman

Callum Newman

Callum Newman is the editor of The Daily Reckoning and Associate Editor of Cycles, Trends and Forecasts. He also hosts The Daily Reckoning Podcast. Originally graduating with a degree in Communications, Callum decided financial markets were far more fascinating than anything Marshall McLuhan (the ‘medium is the message’) ever came up with. Today Callum spends his day reading and researching why currencies, commodities and stocks move like they do. So far he’s discovered it’s often in a way you least expect. To have Callum’s thoughts and insights on the current state of the currency, commodities and stock markets delivered straight to your inbox, take out a free subscription to The Daily Reckoning here.

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