CYG
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0.35% $1.42 coventry group limited

Another unappreciated gem

  1. Buzzm
    2,396 Posts.
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    02/12/20
    14:31
    Post #: 49298054
    A laypersons assessment of the AGM material

    * 9.4 % sales growth for the quarter
    * Limited additional operating costs hence the majority of growth will flow through to the EBITDA line
    * Significant opportunities
    * Tax losses to be offset against future profits
    * Some markets to benefit from Govt stimulus measures
    * M & A opportunities identified and discussions are active
    * Shares Tightly held and biggest shareholder just increased holdings

    Hopefully a divy but time will tell

    DYOR
    CYG Price at posting: 95.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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