CLV 1.01% 49.0¢ clover corporation limited

Even in this scary time of possible nuclear disaster in Japan,...

  1. 31 Posts.
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    Even in this scary time of possible nuclear disaster in Japan, clover looks cheap at this level and I suspect others agree given its support around 30cents.

    One thing to mention in the context of dissapointing sales penetration into the Americas and perhaps a "slow" and conservative management are our healthy margins and whether this is due to sustained worldwide food price inflation.

    Yeah revenues are down/delayed which is never pleasing, yet despite this and increased R&D costs, and FFI divestment costs, and a high dollar, our profit is up?(slightly) Someone at the tiller is doing an ok job...

    Plus the new products are exciting. Lets not forget the "50% of revenue is from products developed in the last few years" tag. That's a simple, but very meaningful stat

    But always the problem with illiquid and unsexy stocks like this is that the price on any given day isn't really the price - because if you want to buy or sell more than peanuts you'll be pushing the price up to 20% in the wrong direction. I expect Clover to be trading above 35cents in the coming weeks, a 17% gain, and yet in the last three months, a whole days worth of trading only surpassed $250k 4 times!

 
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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) ?
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