worth a read ii rerated to strong buy

dear small followers there is a another excellent report out on CLV a cant post it because of copyright however it is free:

Clover Corporation upgraded from Buy to Strong Buy

FY09 Doubles EBIT on flat revenue. FY10 beckons return to growth.

CLOVER CORPORATION (ASX:CLV) Free Update report (8 pages)


Disciplined cost management in the face of the GFC helped Clover Corporation drive earnings growth in FY09. With the effects of the GFC now subsiding we envisage a more benign operating environment for Clover. The company is set for international expansion, particularly in the underrepresented but large markets of Europe and the US. We see the inventory build up by Clover, as indicative of significant order build up. The report also includes updated FY10 and FY11 forecasts.


Find out about it and lot more!

For a free download of this report go to;

http://www.microequities.com.au