CLO FGE

re: Ann: CLO: Clough Forge awarded ECI contra... a small extract...

  1. S1mon
    1,226 Posts.
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    27/08/11
    14:14
    Post #: 8881224
    re: Ann: CLO: Clough Forge awarded ECI contra... a small extract from bell report

    'Following the recent exit from its marine construction business CLO is cashed up and in our view could use the cash to mop up the minorities of FGE and in doing so would
    transition CLO. A bid up to ~$7.00ps would be EPS accretive based on current consensus forecasts for CLO and our forecasts for FGE..'
    FGE Price at posting: $5.02 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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