CLV 1.01% 49.0¢ clover corporation limited

monkey on the back, page-2

  1. 833 Posts.
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    duke the following scenario is more than likely:

    "If on the other hand, the assets can be sold for more than $2 million, AND there is sales growth, then CLV is under valued"

    Discussions with CLV: the soy beans were sold at a premium to market due the floods last year. There was over $500k in stock. The plant and equipment are close to being sold and it is expected that there will be no further writedowns as discussed at the AGM. European and USA sales are ahead of budget. This will need to be offset against the delays in Asian deliveries due to the floods in Thailand.

    All this should make for an interesting half year report.
 
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