CGR 0.00% 7.0¢ cgn resources limited

CareersMultiList is a microcap that value investors may want to...

  1. MJS
    2,120 Posts.
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    CareersMultiList is a microcap that value investors may want to look into. It certainly has risks, however there appear to be potential rewards too. Will point out a few things of interest, and if your interest is spiked you can do some more reading:

    * year ending 06/2012 saw adjusted profit $1.05M
    * this sees eps of 1.67 cps (company states 1.88 cps, however that is based on average weighted. I have been conservative and used all issued capital rounded up)
    * during the year to 06/2012 they made a major acquisition that impacted on 9 months of trading
    * Q1 2013 (ie. July to Sept) saw NPAT $320k and eps of 0.52c
    * as a result of new product/s, and post merger synergies, all things being equal 2013 will be an improvement from 2012 even without an improved overall environment or business

    In essence, potential to purchase this stock at something around PE 5, some growth potential, stated will pay 50% profit as dividend.

    Clear risk with microcap and low liquidity, so not if you are looking to trade or impatient. They do have some debt, however balance sheet overall in reasonable condition.

    The above is not a recommendation, however if it provokes interest look up more on the company. I have a very small holding.

    MJS
 
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Last
7.0¢
Change
0.000(0.00%)
Mkt cap ! $6.445M
Open High Low Value Volume
7.0¢ 7.0¢ 6.9¢ $12.12K 175.4K

Buyers (Bids)

No. Vol. Price($)
1 7160 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 50000 1
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