CLV 1.01% 49.0¢ clover corporation limited

A good sale price MM & I was also thinking of trimming my...

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  1. 369 Posts.
    A good sale price MM & I was also thinking of trimming my holding at these levels as well, however, given the FY12 FCF yield is an undemanding +10%, Net cash of $10m (13% of mkt cap), CEO looking for 15-20% sales growth with gross margins at least stable at 39.5% in FY13, payout ratio in FY12 was just 51% (based on NPAT ex FFI debacle) indicating they have plenty of scope to raise dividend payments in excess of earnings growth in future years, and a fantastic industry growth thematic coupled with some serious prices being paid for similar companies in Nth America and Europe, I am going to ride this one out. I think Ian and his team could really be onto a multi-bag prospect over the next few years.
 
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Last
49.0¢
Change
-0.005(1.01%)
Mkt cap ! $60.11M
Open High Low Value Volume
49.0¢ 49.5¢ 49.0¢ $8.983K 18.23K

Buyers (Bids)

No. Vol. Price($)
2 32789 49.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 44797 1
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Last trade - 15.45pm 15/11/2024 (20 minute delay) ?
CLV (ASX) Chart
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