I think CLT is a touch oversold atm. They recently paid a 10c dividend. So even after this I have CLT sitting on around 15-17c in cash. They just provided a forecast for the 2013 of $1.5m NPBT. So $1mNPAT. Looks like they gave up on the online business which was losing money so last financial year is a write off. This basically means you get into $1m NPAT business for free. At some point this will trend up. Another div and this will spike.
CLT Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
