CLH 0.00% 6.8¢ collection house limited

Ann: Trading Halt, page-53

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  1. 215 Posts.
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    I get it. I'm have no choice but to wait until March. If the transgression is sufficiently severe, or the risk of insolvency is sufficiently high, I'll (obviously) sell out at a loss.

    I'm lucky in that I've only invested ~10% of my net worth in CLH, and have a high-paying job that is going to pay more in time.

    If nothing else, this incident has taught me that solid management is at least as important as earnings multiples. A classic "value trap" if it does go belly up.

    I'm also going to include a conservative debt/equity ratio (and not just a current ratio) in future stock screens that I run...
 
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