Finally got in.Value is still a dirty word.If shares mentioned the magic word,Growth,which generally means no revenue,lots of outgoings but possible big potential everybody goes crazy. Somebody mentioned ripe for a takeover,cant see it.All the rivals are to busy and not large enough to accomplish the task.Still if somebody was capable now would be the time. Credit corp,Baycorp.Repcol,clearing house,all in on the ground floor.Massive debt looming in this country.Credit providers dont want to handle debt collecting anymore,its costly,unpopular and they can farm out this side for a few cents in the dollar to experts while they get on doing what they know best,giving out more credit and creating more debt.As dct said,somebody has to collect the debt.
CLH Price at posting:
0.0¢ Sentiment: None Disclosure: Held
