COF 0.82% $1.21 centuria office reit

turned the corner?, page-10

  1. 1,052 Posts.
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    I doubled up yesterday, average is now mid 60 cents.

    I tend to feel John Douglas is the man for the job, and I am impressed with the hard decisions taken over the last 6 months. This HY should show costs more calibarted to Revenue and a cleaner balance sheet.

    The thing that stands out for me with COF is the brand Coffey genuinely seems to be well regarded in the geotech world. They never lost their capability to deliver for clients, but the company was driven into a wreckage through poor acquistion fueled by rising levels of debt. The expansion was unfocused and lead them away from core strengths.

    The business has a bright future IMO, I am happy holding for the long term.

 
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