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Oi Corero: sales are vanity, cash is reality, your trading statement is meaningless and your valuation is a total rum ‘n’coke

By Tom Winnifrith, The Sheriff of AIM | Tuesday 20 July 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I say that sales are vanity but today’s “record” half year trading update does not seem to have much to boast about in that department and as to profits? Er… dream on. For Corero (CNS) that is the stuff of shagging Cheryl Cole land. It is pure fantasy.

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