"anyway, in my view each area of the existing business (that was mentioned) is growing organically and seems to be at or near the start of its journey"
IMO you have stated what the problem with the organic growth is - it is its infancy. The lack of financial metrics and the ability to gain a true picture of the metrics is also a problem for a lot of investors. There is no doubt that this is a growth story but it is still an early speculative growth story with the possibility of CRs on the horizon if management cannot leverage working capital to meet future rapid growth requirements. They say they can and at this point if you buy in you need to buy that story. Fortunately the margins here are good and they are able to utilise excess cash flow as capital for organic growth and my investment in them was based on their ability to stick to that rate of growth with a few small periods of stability to enable a better view of the metrics.
CLG Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
(20min delay)