CGF 1.60% $6.15 challenger limited

oversold: buy opportunity, page-15

  1. 147 Posts.
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    Hi Patdone,

    I will be grateful for you opinion on CIF.
    At 3.05 it is selling way below valuation of 4.05 and paying a divi of at least 34c.

    From your extensive knowledge, is CIF paying its divi from borrowings(ala MIG) or is it cash flow postive?

    How is the offer of 3.50 going?

    Thanks
 
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