CMV 0.00% 0.6¢ cma corporation limited

CMA Corp (ASX: CMV)..Good morning gals & guys ...Yes, yes...

  1. 399 Posts.
    CMA Corp (ASX: CMV)..

    Good morning gals & guys ...

    Yes, yes indeed......

    Agree, that this (CMV) is a rare opportunity.

    And, that (CMV) is a Strong Buy below 62-63 cents.

    Plenty of Upside and almost nil downside.
    CMA Group..-- CMV -

    --Another smaller version of Sims Group in the Making...?--....

    Yep .... CMA Corporation--ASX code: CMV... is the one imo right now...that has an easy 50-70% .... gains in 4-6 weeks from about now....if you get this one below 62 cents is my view.

    And ...***-- imo do not play with trying to "time the depth" and/or entry price....ie: imo only---- this is Margin of Safety --safe --up to 55 -57 ce. cents for entry into CMA..and 1- 2 months will give you easy 50%...imo ...

    ...Guys, I have highlighted or asterixed *** @**** ....etc etc the important points from their last Announcement from 2nd Feb 2007-- (2/2/07)-- was what .... caught my eye.....and still does.... catch my attention....

    --CMA ANNOUNCEMENT – (ASX code: CMV).

    CMA Reports Stronger First Half Result (ASX: CMV).

    CMA Corporation Limited (ASX: CMV) today released its interim financial report for FY07.

    In the six months to 31 December 2006, CMA posted an after tax net profit of $2.88 million on revenue of $104.0 million.

    These results compare with an after tax net profit of $0.27 million and revenue of $37.3 million for the previous corresponding period.

    Group EBITDA for the first half of FY07 was---*** $8.2 million, a substantial improvement on EBITDA of $2.05 million in the first half of FY06. @@ Note the **Big Tax Bill.... Guys , -this will come down due to the acquisitions and purchase of the headers. !! -

    So Guys ,; if they (CMV)-- can get the Ebita based Full Tax down and repeat moderately the same success for the Full Year-- and keep up Npat Profits growth--...

    Also Guys do imo , note this-

    Basic earnings per share were 2 cents eps, so folks, , note this-->>-- *** **-- from 0.2 cents per share in the previous corresponding period.

    CMA Managing Director Peter Hatfull said the first half result represented a significant rebound after a disappointing FY06.

    Guys, note this-->>-- *** **“We are very pleased with the strong increase in revenue and the rebound in profitability,” said Mr Hatfull.

    “These results reflect solid growth across the Group and a particularly good performance from our metal trading division.

    Positive Immediate Outlook-- “We are currently enjoying buoyant conditions in the metal trading market and.....then....

    .....Guys, do also imo note this-->>-- *** **.. we expect the strong demand for metal from our domestic and overseas customers to continue.”

    “Trading conditions remain variable for our contracting division and our strategy moving forward is to focus on projects that support our metal trading business.”

    And I personally like this-->>-- *** **Mr Hatfull said >>-- remediation was becoming an increasingly important business activity for CMA and that he expected contract work in this area to add real value to the Group in the second half....


    So fellow S/Traders; , recall that ---****---- During the period CMA announced the expansion of its metal processing and contracting capability through the acquisition of the T & T Metal & ...Asbestos ... Services Queensland business and the J&M Metals business in Port Hedland, Western Australia...... (That is getting rid of Asbestos by the way !).....

    The Group took further steps towards building its national infrastructure through the purchase...and folks also ---imo-- note this-->>-- *** **of three baler shears metal processing units *** providing the ability to .....significantly enhance the value of ....metal..... processed at its collection yards.

    Mr Hatfull said the recent purchases have enabled the Group to establish.... And I like this bit.-->>-- *** **.. A strong platform for growth.

    Cont’d./Page 2

    This week, CMA announced that it had entered into a conditional Share Sale Agreement to acquire Southern Rocycling, the Victorian-based national scrap metal group. ...

    CMA has commenced due diligence on the acquisition, which is also subject to shareholder approval and funding arrangements.

    “We have had a good first half and we are now seeing strong commercial gains from our investment in infrastructure and development of a national footprint of operations through FY06,” said Mr Hatfull.

    __-->> Finally guys,see this in their announcement; -->>-- *** ** *** “We expect overall trading conditions to remain strong through to the end of FY07 and look forward to continued growth through FY08, with the added opportunity to grow further with Southern Recycling.”
    ------------------------------------------------------------------

    - ends -


    ....Anyway folks, at least the above is hopefully; Some interesting .....Food for thought....

    ---------------imo.... CMV now.... is, imo only,a Buy below below 61- 63 cents range...

    Kindest Regards,

    Robbo.

    DISCLAIMER
    Views expressed in and on this Internet Chat Site Forum, as expressed above are; explicitly unwarranted, and expressed on a strictly: ‘Without Prejudice’ basis.. These views are only personal opinions and speculations, are definitely not warranted, in any way whatsoever, either expressed or implied, for their accuracy or veracity. These opinions & correspondences, expressed in this email and/or on this internet site are only the writer’s tentative thoughts and opinions only. Remember, they are, nothing more than that. These views are not…. (Repeat: ‘not’ …)…to be read as being, or even forming any form whatsoever of investment recommendation, general or specific. Instead, they are just simply personal ideas and opinions, and to repeat, are NOT to be read, taken, or interpreted as financial advice. These expressed opinions written here, are not warranted in any way whatsoever, either expressed or implied, for their, authenticity, or likely predictive outcome. Therefore, these comments are highly subjective, not the basis of officially authorized research, and are therefore likely to be prejudiced by the writers own opinions, perceptions, interests, and outlook. As a result, these views may be prone to errors, as they are not objective, or official in any way, and, have not been checked by an authorized third party, and are possibly incomplete, ill informed and/or inaccurate. With this in mind, the author repeatedly reminds readers, that these opinions expressed here; are strictly on a “Without Prejudice” basis only. Remember readers, to read these opinions as just one of many expressed personal subjective thoughts and ideas, in the ‘common market-place of ideas’—and to read these views in this light and as only that. Readers must recognize that, as these views, are only one viewpoint among many possible other viewpoints, they are therefore at best; only the author’s own highly subjective whimsical thoughts, impressions, and intuitions. You therefore ought not, repeat ‘not’, to rely upon these views for any form of advice or counsel. Instead, you are responsible for your own decisions. Readers must also note that, as with all expressed opinions, they are definitely open to discussion and refutation, as well as the logical weighing and consideration of other alternative interpretations and viewpoints. For any investment decision, the writer urges readers to conduct their own independent and separate investigations and research, and always seek their own qualified and authorized third party independent financial advice, before coming to an informed decision.

    Kindest Regards,

    Robbo.
 
watchlist Created with Sketch. Add CMV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.