CLH 0.00% 22.0¢ collection house limited

I agree MF are questionable, if you look at the SA service also...

  1. 3,627 Posts.
    lightbulb Created with Sketch. 5
    I agree MF are questionable, if you look at the SA service also they made gains when they started it and the XJO was 4000 but nearly all of there recent tips are under water. Also annoying how the portfolio is so big anyone buying all of the tips would not be able to manage it. They should limit it to 20 or maybe 30 at one time time sell those deemed not to make the cut so investors put funds into the best of the tips. They also say we are up 45% or whatever but that is now over a long period of time, they have performed quite poorly and if you average that out annually (which they should show) and take out a few of the bigger earlier performers which have not made gains in a couple years they have have had a lean 2 years.

    CLH in particular has a lot of debt and a business model based on purchasing bad debts that they then recover, hmm that sounds like a great idea! NOT!!! They were in love with the stock for so long but the reality is the earnings are and always will be low grade.
 
watchlist Created with Sketch. Add CLH (ASX) to my watchlist

Currently unlisted public company.

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