CGH 0.00% 11.5¢ calibre group limited

taking off, page-14

  1. PMR
    33 Posts.
    Perth FX, I was merely pointing out the flaw in your calculation of the yield based on the second half dividend in isolation (you have developed a unique way to calculate dividend yield). I also provided some general comments on your view that the EPCM model will be dead in 12 months, as I certainly beg to differ in that respect. I am not sure why you are reading more into it than that. There have been some interesting articles in AFR SmartInvestor Online over the last few days which also suggest that the future for mining service is not as bleak as you think (and, as Capex has pointed out, there is more to Calibre than just mine expansion). Given you say that you don't hold any shares in Calibre and you think it (and the EPCM industry in general) will be dead in 12 months, I just wonder why you would even bother spending any time making adverse comments on a stock you have absolutely no interest in. Why waste your time on it?
 
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