CLV 1.02% 48.5¢ clover corporation limited

a buffett play, page-2

  1. 9,595 Posts.
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    kori,

    I have to agree.

    I keep reading about omega3 and how good it is. Then I remembered clv. I held a while ago & sold at 12.5c. I was quite amazed to see the sp at 10c.

    So I did some digging!

    You are correct about the profit lat time equating to $2m, before one off losses of Soy start up $534K and R&D Write off $831. And also that sales were down due to an earthquake in Indonesia.

    Apparently sales are good (which one would expect) and growing. The So Natural deal is bringing in good money too.

    With big profits, more to come & soooo much money in the bank, this company is well undervalued.

    I'm going to suggest a share buy back to the company.

    cheers
 
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