CVO cover-more group limited
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CVO into the cellar now IMO. Where can it go until it shows...

  1. gosouth
    3,055 Posts.
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    16/02/16
    13:22
    Post #: 17031460
    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
    CVO Price at posting: $1.80 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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