1. Its an enterprise making money that needs to improve its operations and upgrade its management style.
2. There appears be too many short term fixes and wanders from its core business eg the investment in the Volt Bank?
3.Board battles and the over hang from the sell down of the major stakeholder Not good for the share price !
Reminds me of the once old fashion grocer, doing business but always changing to "find the flavor of the month"
Despite the negative views, it appears consensus has upgrade its call from strong sell to moderate sell.
Myself today formulating or changing the view its ok an ordinary business operation and enterprise that adds to the dividend income of the portfolio (6% plus) but managing the risk, and with an occasional top up sub $1.15. Nothing to get excited about at these prices either way at these prices.
CLH Price at posting:
$1.20 Sentiment: Hold Disclosure: Held