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 has been hammered since the GFC due to high debt and their...
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