Mac's valuation seems pretty tame Croupier? Considering CLO are already 62 cents I would have tought there was more upside than 65-75c. The market was pretty disappointed with CLO's second half report and didnt give the stock the boost I thought was coming. However as the recovery from the dud contracts last year gets well and truly buried I would have thought there would be upside to CLO - at least back to the 80's and beyond considering they were trading at this level before their work on hand got the big boost last year.
Still a good recovery stock to hold. Agree with your sentiments expressed in your posts on CLO.
acturtle
CLO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
