Fair comment I will put all your queries to CLV and see how they respond.
Ironically I had just congratulated Ian Brown earlier today as I believe the latest report (and his last) is the best I have read in 10 years from CLV. My criticism of CLV has always been their conservatism in reporting with no idea on future revenue streams or trial outcomes. Today we got that in spades: Improved guidance for FY15 with multiple trials and product evaluation updates, USA and EMEA markets improving, new product releases etc This is probably the confidence behind CLV in maintaining the interim dividend. Souls would not have allowed it otherwise. I am doing my sums at present FPV,PE and yield etc as I need to support my gut feeling that this is good buying at these prices
CLV Price at posting:
46.0¢ Sentiment: LT Buy Disclosure: Held