CLG 2.44% 20.0¢ close the loop ltd.

Ann: Market Update, page-15

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,612 Posts.
    lightbulb Created with Sketch. 1846
    G'day everyone!!

    Thanks to one of your esteemed posters / fellow CLG shareholders, I bought my first parcel of CLG yesterday.

    It feels like the first time in at least a couple of years that I have bought a stock, & then it has actually risen the next day

    I've forgotten what that feels like - as all my other micro caps just give me pain every single day at the moment !!

    CLG is obviously operating in an ethically good space, this market should continue to grow strongly over the coming years, and good to see them now operating in some very big overseas markets like the US & Europe & South Africa.

    Sounds like they need to continue to bed down some of the fairly recent acquisitions (particularly the ISP Tek Services acquisition), and hopefully continue to grow organically at least at the 19% growth rate they achieved last year.

    If they do that, the $43m EBITDA guidance does seem quite conservative.
 
watchlist Created with Sketch. Add CLG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.