CYG has been hammered since the GFC due to high debt and their IT rollout which has seen the stock go from $8 down to $1 now back to around $2.30. Since then their IT rollout has been completed their sales and inventory should be back to normal producitivty with maximum efficiency.
Their debts reduced by 67% from 83million to 15million...operating on a NTA of $3.30...If thats not value for money i don't know what is..Also they announce their half yearly earnings on the 20th of Feburary and this should be very positive....The market has forgotton about this company and i feel that it is ready to pop.
What do you think.....
cyg..ready to rocket???
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Last
$1.42 |
Change
0.025(1.79%) |
Mkt cap ! $165.8M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.42 | $1.35 | $177.6K | 128.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7706 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 9277 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| CYG (ASX) Chart |