They have their problem during baby's milk formula contamination w/c wasn't really their fault. The stock is 25% discount from high, w/ good dividend yield & due shortly,what else do you want from a stock.
Is now the time to buy Clover Corporation?
By Claude Walker - September 30, 2013
Clover Corporation (ASX: CLV) owns technology that turns fish oil into a powder. Fish oil is a well-known source of omega-3, which plays a crucial role in brain function. It is normally contained in breast milk. Therefore, omega-3 is included in baby formula, and that?s where Clover comes in.
In FY 2013, Clover continued to expand sales of encapsulated fish oil into the Oceania region, which now makes up 67% of revenue. One driver of this growth is the Chinese middle class, who are increasingly interested in buying infant formula to feed their babies. The Chinese are keen to buy…
is now the time to buy?
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Mkt cap ! $83.5M | |||
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