SP PLUNGE, page-4

Not pretty, but that's the ASX market.

Mr Market sentiment toward CMG is tied to the OZ employment market, which is languishing. The correlation isn't as justified as the market assumes -- CMG's increasing managed services is less market related -- but employment and economic growth do affect CMG profits to some degree.

CMG execs should consider re-activating its share buyback program , which it briefly introduced after the August 2014 FY14 results. the buybacks were short-lived, likely because the sp jumped. The buyback program is valid for one year and can be turned on and off at management's discretion. The buyback won't necessarily raise the sp by itself, but might communicate that the company is alive and confident in its cash flow situation. During the Aug14 presentation, CMG execs showed strong confidence in the company's cash flow situation, and re-starting the share buyback would reinforce that confidence.

Two brokers cover CMG, down from 4 brokers a few months ago. Fewer brokers can weaken the sp due to lack of shareholder awareness.