CLO 0.00% $1.46 clough limited

clough looking good?

  1. 793 Posts.
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    Ive been holding CLO shares on and off for the last 6 to 7 years this company is looking better every year.
    They had problem contracts just like Leighton are experiencing now loosing large sums of money the current management moved away from these these type of high risk fixed contracts several years ago and its paying off.
    They have large sums of cash on hand, a steady dividend, large SH in Forge, no debt and healthy order book . The only downside was the marine construction business which is now sold.
    This is a totally different de-risked company to what it was hard to believe it dipped down to 60c a few days ago.
 
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Currently unlisted public company.

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