cons -
the stock is moving down, but the longer term trend ( 4 months) is still up........
pros-
all financial fundamentals (currently and historically) are extremely good, and with continued ongoing growth over a ten year period - this includes cashflow, earnings, book value, operating margin and return on equity....... a higher debt / equity would be normal for this type of business .......
a forcast pe of 7.2 and a yld of 7.5% gives a huge safety factor .......
a new ceo with excellent credentials in debt collection...........
two new directors , one with 25 years experience in the collections and debt purchase industryand the other who has recently become a major share holder with extensive business and company directorship experience
reports of further debt purchases at favorable rates ....
some times there are reasons for share price movement and some times there is no reason at all........ in the case of PRG I can see no reason at all........... CCP (its bigger brother) is moving nicely sideways currently)
as for mr. banks - maybe his reasons for talking the price down are because he is shorting the stock or perhaps wanting to buy in at the lowest possible price.......
gk
CLH Price at posting:
$1.11 Sentiment: Buy Disclosure: Held