CPR 0.00% 15.0¢ clivpee limited

Just take a chill pill.....don't do anything rashNot many people...

  1. 290 Posts.
    Just take a chill pill.....don't do anything rash

    Not many people understand this business and where it's at...

    The market's getty ancy cause Myers appliance numbers were down but then info came out saying whole market of appliances has been up....so question is did Clive's get their piece of it.......

    All this 'recent stuff' is little relevance but.......

    There is a lot, a lot of value embedded in this business and it's not all going to come out this half, even though retail is having good times......

    For example, Clive has confirmed they are getting the entire $20 million back......so just the bank interest saving on this is what....round 2 million to ebit a year!!!!!!

    At current market cap, just 4$ million NPAT would be a pe 10!!!!!!!!!!!!!!!

    The company made $10 million NPAT in a bad year 2 years ago...with a smaller business and with a certain 'payroll manager' in charge being paid $125 000

    Out to September quarter the business was break even......it could only make a few million in the last 3 months

    Hopefully, they don't raise capital......cause this is a good business and I believe in two years, it will be more profitable than its ever been
 
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Currently unlisted public company.

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