CLH 0.00% 22.0¢ collection house limited

Ann: CLH Chief Executive Matthew Thomas to retire, page-76

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  1. 549 Posts.
    I am not too concern about the EPS growth at the moment based on this share price. In fact, the revenue growth is 1% indicating the income is still stable, however, the reduced EPS and one off $1.2M restructure expenses also indicated that the management has screwed up (my guess is that this is the reason the current CEO is made to retire earlier). By doing the restructuring, I believe it will help to make the company more efficient and increase EBIT margin. With the contract with ATO, the company should do fine in short term.
    The biggest challenge now is to find a capable CEO to bring the company back to its previous glory. The life and death of the company will be in his hand.
 
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