maiden mid year dividend, page-8

MD mate if we are honest we have all made the same mistake with many stocks. its hard but take it as an expensive education lesson. My thoughts on CLV are somewhat bias as I am the 3rd largest shareholder in CLV and have been with the company since pre IPO. The company is so well and conservative managed .sometimes boring but you have to love the Balance Sheet. its been a long road thru all the issues. The area I do like for the future is the new product/new customer trials that are coming to a conclusion in the next 12 months . This is effectively CLV sales pipeline with long lead times up 4-5 years. If a portion of these come good then we are looking very good. We also have the capacity to increase production with no further outlay and all the R and D is written off not capitalized . so please DYOR but I am optimistic about the future of CLV