CDD 32.4% 24.5¢ cardno limited

Yup agree with Tamz, ran out of cash. The jury's still out on...

  1. 2,211 Posts.
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    Yup agree with Tamz, ran out of cash.
    The jury's still out on crescent IMO but I saw the following as positive:
    1. They are carrying losses on oil and gas which depresses results but is right for the longer term.
    2. The period of aggressive layoffs is over.
    I don't know how they will get on with acquisitions but at least they are small. It seems like an absolute gold played turnaround.
    I don't buy their excuses about no dividend it's clearly intended to dilute small holders and is an injustice. If the company paid a dividend it's shareprice wouldn't be depressed enough to buyback.
    The idea that some directors know better how to use my money than I do is laughable.
    Still I am holding for the long term - still trucking along nicely.
    Last edited by croasian: 22/08/17
 
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