new contract awards, page-2

granite74

yes any good news is nice.

I am a holder of CGH at the moment coz it is so damn cheap and if reckon a dividend of at least 3c is coming, which is nearly 10%. And the NPAT for 2012/2013 will be at least $35m (hopefully) which will put them on a historical P/E of 3. Directors are buying and the price is rising.

CGH is lagging other mining services stocks in their recovery but I can see a healthy price surge if the company says the right things in its forthcoming profit result.

But I am sure the profit result will be dissected by Mr Market to see what next year holds....?

what do you reckon the NPAT will be for 2013/2014?
hazard a guess?
that's what scares the market.
announcement of new contracts can only help the nervous nellies.

Cheers
gosouth