Thanks very much @hilly_sandman that was a great summary. I'm...

First 49 Last

Share
Profile

Follow
showmethe$$$

239 Posts.

9

08/02/17

18:05

Post #: 22464875
Share

Originally posted by hilly_sandman ↑

Hi @showmethe$$$ I also am of the opinion CLH is selling at very good value right now (was even better at 90c!). The issues of the past 18 months have been major change in senior management - there is now a new CEO and the cutting of various senior management positions continues - this has caused a fair bit of uncertainty. Also CLH made the decision (under previous management) to reduce the purchase of PDLs over the last 24mnths as they felt PDL purchase prices where too high and therefore relative yield from these purchases will be low - others such as Credit Corp continued purchasing during this time and have performed better relatively speaking.

Madtrader and some others have posted some great information in Post #:18552443, there are other informative posted which would be worth your time on the same thread.

New management have signaled they are chasing PDL purchases, have cut some fat from senior management, it would seem everything is tracking in the right direction. The fall from $1.60 to $1 SP was all on the back of the CEO retiring with no warning. It was unjustified and motivated by emotion.

All IMO

Expand

Thanks very much @hilly_sandman that was a great summary. I'm pretty happy with my new holding in CLH. I also bought some of CCP as I think they have decent growth ahead as well.

CLH Price at posting: $1.31 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

From the Floor: Perth conference highlights

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

FHE

Frontier Energy achieves key milestone for Waroona energy project

JGH

Jade's strong gas exploration results another step towards Mongolian development

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25