CLV 1.02% 48.5¢ clover corporation limited

company maker, page-63

  1. 833 Posts.
    lightbulb Created with Sketch. 43
    I need to add something that I was posting 6 months ago, re dividends;CLV has been ultra conservative by expensing ALL their R & D and capital works. What this means is that margins will be extremely positive when decent sales (now apparent) start to flow. This will overshoot Brokers estimates by a huge factor. Liquid assets represents 14.5 cents a share. My projection by 30 june is 19 cents a share. This is only one ratio however an important one given the current sub prime mess. No debt, growing international and local sales. Three major product streams; Oil,Soy and encapasulation technology patent, under utilised production capacity (more room for growth without further capital required)and the increase in sales and more importantly the control over the operation of NuMega will in my view see CLV reach 25-30cents by March 08
 
watchlist Created with Sketch. Add CLV (ASX) to my watchlist
(20min delay)
Last
48.5¢
Change
-0.005(1.02%)
Mkt cap ! $60.11M
Open High Low Value Volume
49.5¢ 49.5¢ 48.5¢ $3.293K 6.778K

Buyers (Bids)

No. Vol. Price($)
2 50480 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 1025 2
View Market Depth
Last trade - 11.48am 18/11/2024 (20 minute delay) ?
CLV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.