re: Ann: CLO: Close of Clough Proportional Ta...
Nice one Ormond, I agree with all that info essentially.
I emailed the company this morning saying I was a touch edgy and we have not heard much in the last 3 months. I mentioned a few other things but the reply went along these lines...
'Nothing further to report in guidance at this stage, and i need not be edgy, order book looks good for next year, CLO alliance is pleasing how it is progressing. they did a broker presentation but it wa snothing too big so nothing on ASX announcements about it.'
Looks like profit figure will be roughly in line which is quite good. Hopefully order book strong (higher than last time) and some good CLO news with FY results would help. Things looking OK and once $3 cleared we could be away. Hopefully divvy is upped also and the market likes the results. The thing is it is pretty much known but sometimes stocks dont rise until it is announced then they may moved ot 3.50 in this case and generate some buying interest, time will tell.
FGE Price at posting:
$2.85 Sentiment: Buy Disclosure: Held