CVO cover-more group limited

TP=$1.75? CVO is in middle of a down cycle, page-4

  1. 3,055 Posts.
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    CVO into the cellar now IMO.
    Where can it go until it shows improved performance?
    A high P/E stock showing troubles.
    Todays metrics suggest the high P/E may no longer be warranted.
    Where is the growth story? Asia sales up >25% which is great, but from low base, how much profit is it making in this region? probably very little.
    IMO risk is still to downside until better news comes.
    I am trying to be a long term holder in this stock, but I am being tested right now.

    Gosouth
 
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