CXG coote industrial ltd

gopsy,Agree with your general sentiment but not the numbers. By...

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    gopsy,

    Agree with your general sentiment but not the numbers. By my reckoning Coote earned 1.35 cps ($3.6m NPAT / 266m shares) for the last half, not 2.5c. So the full year might be around 2.7 cps given current trading - giving a current P/E of say 8.3

    Lowish but understandable. The $20m listing of Greentrains (facilitating the $35m payment for rolling stock) or the sale of South Spur Logistics would be the 2 good future catalysts.
 
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