Assuming CGO repeat their 3c interim dividend, then they are on 8.3% yield + ff.
Positives:
$3m net cash on balance sheet
Trading on 5.3x LTM EBITDA
Trading on 9.1x LTM NPAT
Starting to get institutional support
Genuine exposure to global markets /growth
Outlook in North America remains strong with continued long term Fixed Price and Risk / Reward Engagements
A global services agreement has been signed with a major financial institution which should generate significant global revenues
Australian revenue now stable and high single digit growth is expected over next 12 – 18 months
Outlook "the company is cautiously optimistic about H2’14 despite the lumpy nature of Risk / Reward contracts and subdued Australian revenue"
Negatives:
AUD has not depreciated as much as expected (yet)
Investment in WIP expected in H2 impacting cash flow
Some uncertainty around European revenues
Poor price action / no interest in the stock
Could be an easy 50% + rerate (say to 7-8x trailing EBITDA, 12-14x trailing NPAT) on the back of a decent 2H
Continued global growth should see further ongoing re-rates
- Forums
- ASX - By Stock
- CGO
- Micro cap global growth + 8.3% d/y ff
Micro cap global growth + 8.3% d/y ff
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGO (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.770M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3328 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 2595 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3328 | 0.092 |
1 | 70436 | 0.090 |
2 | 19231 | 0.089 |
1 | 13333 | 0.075 |
1 | 9000 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 2595 | 1 |
0.100 | 14389 | 2 |
0.175 | 25000 | 1 |
0.200 | 50000 | 1 |
0.000 | 0 | 0 |
Last trade - 10.02am 24/07/2024 (20 minute delay) ? |
Featured News
CGO (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online