CLH 0.00% 22.0¢ collection house limited

Ann: CLH Chief Executive Matthew Thomas to retire, page-61

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  1. 541 Posts.
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    @slc4me IMO any purchase below $1.40 will prove to be a good entry point... Very hard to pick the bottom - emotion is running the SP at the moment. There is little logic as to why a year ago everyone was happy holding at $2.20 and that now they would be selling at $1.00. The downgrade in earnings and profit does not justify the SP losses sustained to date. Long term AUS has rising debt, so CLH have a job to do and they'll do it and maximise margins along the way.

    I am not a chartist, however seemed like it bounced off high 90's this morning.
 
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