CLV 1.01% 49.0¢ clover corporation limited

I'm shocked. GMs down to 29% (-10%), NPAT $1M from pcp $6.1M....

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  1. 1,232 Posts.
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    I'm shocked. GMs down to 29% (-10%), NPAT $1M from pcp $6.1M. What is most worrying is revenue down to 27M from pcp of 44M! This doesnt look like a short term incident. While mgt has flagged "some recovery" I dont get the sense that activity has normalised. It could be a while before we see a full recovery, on trend.

    It will be interesting to see how the market reacts to this as the result implies eps ~$0.006, which is a PE of 70x. You would have to think that the SP would have to come back to the mid 20s. Lets wait and see.
 
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49.0¢
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49.0¢ 49.5¢ 49.0¢ $8.983K 18.23K

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