there are two updated analysts reports on the company's web site with targets of $1.26 and $1.32. the point is made that earnings are normally skewed towards h1 - which has in fact been the case over more recent years. both analysts fcast eps for fy of 14c. - not 16c. has i guessed at previously. in any case we will see what clh have to say in a few days time.
on dividends clh have stated that they intend to reduce the dividend payout ratio in order to reduce debt. still i imagine even with a slight change in the ratio there should still be an increased dividend payout from previous fcasts.
gk
CLH Price at posting:
$1.32 Sentiment: ST Buy Disclosure: Held
