CLO FGE

re: Ann: CLO: Clough Forge awarded ECI contra... a small extract...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. S1mon
    1,211 Posts.
    clock Created with Sketch.
    27/08/11
    14:14
    Post #: 8881224
    re: Ann: CLO: Clough Forge awarded ECI contra... a small extract from bell report

    'Following the recent exit from its marine construction business CLO is cashed up and in our view could use the cash to mop up the minorities of FGE and in doing so would
    transition CLO. A bid up to ~$7.00ps would be EPS accretive based on current consensus forecasts for CLO and our forecasts for FGE..'
    FGE Price at posting: $5.02 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Things finally 'looking different' for up-and-down Hot Stock tip Stockland
right-arrow Created with Sketch.
RMS High-grade Gold and Copper findings drive excitement at Red Mountain’s Flicka Lake
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CLO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.