CLO 0.00% $1.46 clough limited

acquisition news soon?, page-5

  1. 2,630 Posts.
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    Nearology is the big risk to CLO's sp in the short term - we are grouped with every other mining services company, despite our being an O&G specialist. The half-yearly back in Feb was very positive looking out into 2014.
    Some of the froth in the industry is subsiding - as we all knew it would but O&G is still a nice place to be.
    I am not overly keen on acquisitions but at the right price - maybe.
    Capital management - I'd like to see a special div if franking credits permit. Otherwise a buy-back makes sense - certainly at these prices. We seem to be looking at a P/E of around 10 for 2013 - plus growth.
 
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