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Forum - Mining and Commodities Eh! (Morgan Stanley China - CAF)    All things commodities, with a Canadian Junior Miner focus.

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From: Jimjones1972 (Rep: 3) reply to Jimjones1972Date: 01/03/2018 15:35
Forum: Mining and Commodities Eh! - Msg #6089 - List CAF msgs Thread #673914972 (Rec: 0)
CAF.V is starting to gain momentum as a bunch of news is coming down the pipeline in the next 60-90 days. Remember, this is easily the most undervalued earnings based company on the venture exchange. Trading at a 3.3X multiple(similar companies are 15-20X), and with an Asset/Debt Ratio of roughly 3:1, leveraged towards the USD. Just over 47 million shares outstanding with 33% insider held. CAF refines coking coal used for the steel industry, not typical coal that you find everywhere for burning. It's a special type of coal that only makes up 1% of the world coal reserves. BHP Bhiliton is Canaf's long term client and the largest producer of coking coal in the world, so it's very dependent even on a small company like CAF.

What to expect in 90 days:

- Year End Results February 2018
- Q1 2018 Results March 2018
- Update on a major deal that was announced in the MD&A

CAF has already generating $750K CDN in profit for 2017 over 9 months. In their MD&A it clearly states that Q3 was a weaker quarter and that Q4 2017 and Q1 2018 will have increased sales which will obviously generate larger profits. Recently South Africa had an election and the new leader is very pro business and could usher in major reforms to make South Africans companies more profitable.

All information can be found on Sedar for those that want to confirm all this.

Reply to Jimjones1972 - Msg #5981 - 09/25/2017 11:38

News: Canaf Group earns $166,064 (U.S.) in Q3 2017

2017-09-25 09:33 MT - News Release

Mr. Christopher Way reports


Canaf Group Inc. has released its financial statements and management discussion and analysis for the three-month period ended July 31, 2017.

During the period, the corporation recorded revenue for the quarter of $1,961,208 (U.S.), an increase of 74 per cent compared with the same quarter last fiscal year, but down 44 per cent from the previous quarter ended April 30, 2017.

During the quarter, the corporation recorded a net income of $166,064 (U.S.), in comparison with a net income of $19,945 (U.S.) for the same quarter the previous year.

For the nine-month period ended July 31 2017, the corporation recorded adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $881,885 (U.S.) ($1,097,080) and net income of $595,716 (U.S.) ($741,080).

For more details and discussion on the results, the financial statements and management discussion and analysis can be viewed on SEDAR or the company's website.

About Canaf Group Inc.

Canaf is a junior mining related group based in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African-based company that owns 100 per cent of Southern Coal Pty. Ltd., a company that produces a high-carbon, devolatized anthracite.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.
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