"Doubt good results coming." Great results just reported. EPS of 6.3c places them on a historic pe of 8 based on yesterdays closing price.
"Company is highly geared and in a very tough marketplace." Gearing (debt/debt+equity) was 40%, now 39%, not high.
"Share price has really not done anything since listing and they will have a couple of tough years ahead IMHO - I can't see any real growth in their price from internal activity." Profit up 12%. Check the historical revenue chart in the Final report. Solid, over 10% per annum revenue growth for over 20 years. Capital spending, after being high for a few years, will now reduce to a level close to depreciation.
Seems you have been overly negative about CKL for some reason.
CKL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
