I can not agree with you enough. The recent acquisitions surrounding CIY is a great strategic play in the market. The launch yesterday of its CPF brand is to gain a distribution channel for its MT facility and gain additional funds. The challenge they will face is accumulating cash and what to do with it in the short and medium term. A number of significant projects they have coming up with JV's. Once the full transition of the new acquisitions kick in to gear, this will be a very attractive diversified FS organisation. Do your own research to make an investment decision.
CIY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held