CYG 0.74% $1.36 coventry group limited

Ann: Q1 2018 Trading Update, page-2

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  1. 7,936 Posts.
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    For those who are looking for a mining services play that might have lagged the rest of the sector...

    But its a somewhat noxious business model, with many shortcomings (not to mention some $37m in net off-balance sheet liabilities), so it is not an investment that is for the faint of heart.

    While I suspect that the brand new executive management team have heavily loaded the FY2017 P&L with several hollow logs, being a shareholder of CYG's sub-par collective of businesses requires a certain intestinal fortitude... which I lack.

    So, while it is not one that suits my delicate constitution, I suspect the share price is likely to continue rising in anticipation of a vastly improved financial performance (off a very, very low base, mind) over the next 12 months.
 
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Last
$1.36
Change
0.010(0.74%)
Mkt cap ! $145.9M
Open High Low Value Volume
$1.36 $1.36 $1.36 $3 2

Buyers (Bids)

No. Vol. Price($)
1 25000 $1.30
 

Sellers (Offers)

Price($) Vol. No.
$1.36 3960 1
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Last trade - 15.15pm 22/11/2024 (20 minute delay) ?
CYG (ASX) Chart
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