So why is the share price falling? I'm not seeing anything to be concerned about.
"Compared to FY14:
• NPAT increased 20% to $22.5m, a record profit result for the Group
• Final dividend increased 15% to 4.7c, taking full year dividend to 9.1c (+14%)
• Average ROE increased from 13.4% to 13.8%
• Collection Services revenue increased 10%
• PDL collections increased 20% to $128 million
• Earnings per share growth increased by 17% to 17.2c
In FY15:
• EBIT margin maintained at 30% year on year
• $72m invested in PDLs, with $51m already committed under contract for FY16"
CLH Price at posting:
$2.11 Sentiment: Hold Disclosure: Held
