CCI Holdings (CHL) shares are currently priced at 20c.
This capitalizes the company at 26M (they have 131M shares on isssue)
Their annual operating cashflow is going to be around +6.5M, after they posted +3.2M for the first half.
So their cashflow is a whopping 25% of their capitalization!!!
How attractive is this as an investment when you consider the company is set to enjoy the growth in volumes of export coal which is ramping up now and will continue to do so for the next 5 years.
CCI Holdings get paid on a per tonne basis for their coal testing services, so they are in a good position to be unnafected by coal price fluctuations while benefiting from the steady volume increases which are coming on stream.
4 directors have purchased shares in the company in recent times, which is no surprise.
CHL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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