clogh engineering, page-4

  1. 2,839 Posts.
    re:Clough Engineering Clough Engineering:
    A funny company at times aren't they. The more contracts they sign the more the price drops, although having said that, they are ex div. from a month or so ago.
    Harold Clough, the man at the helm, is a very shrewd cookie indeed but I think CLO's involvements contractually, to the North of our shores, may be somewhat of a hinderance at present. What you might call "The Northern Neighbour Effect"
    (Dare I liken it to HER, purely from the "TNNE" perspective, who last week announced several good gold intersects here in Australia......one in particular at over 1 Kilogram per ton and the share price hardly budged.....but also has operations in that region).
    IMHO CLO are good value at under 70 cents and as you mentioned they also pay dividends and are well managed.
    For what it's worth, I've been on board for some time and am not selling.
    Cheers.
 
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