It's a pretty small company, so the liquidity issues will always ensure that it's undervalued imo (most people won't buy in unless they can liquidate their holdings in a single day). The company itself however, seems to be very well run, I've just had a look through the presentation, this seems to be somewhat of a niche company, so I'm not sure how long the growth rates it's currently achieved can be sustained. There is a new COO, who might change things up a bit (perhaps long term investors are worried that he might be a hoarder, and go on an acquisition spree?). However CLH overall seems to be a good fundamental investment for a few years, if it keeps growing at say 10%, and the dividend is maintained at current payout ratios, it all adds up to a handsome return.
Anyone holding CLH atm?
P/E ratio of 7.58
Div Yield 8.4%
Earnings up 23% for this year.
The price has been going down recently. Help me out guys, what am I not seeing?
Anyone holding CLH atm?
P/E ratio of 7.58
Div Yield 8.4%
Earnings up 23% for this year.
The price has been going down recently. Help me out guys, what am I not seeing?
Interesting company.
The cash flow looks good but the ROE is a bit low and the debt/equity is a bit high for me.
I will add to watch list and look for improvements.
Hi folks, Not sure what to make of this company. They buy debt. had a 5.8m cap raising recently to buy more debt. If we assume my prediction of the economy is going downhill. is this good or bad for this company.
thought 1 , it is good for the company as a debt collector
thought 2 , it is bad as they may not collect on the debt they bought.
I am a newbie investor
Cheers
CCP is better, IMO.
CLH is like CCP was 5 or so years ago. Buying PDL's with debt. It's funny that CCP keep saying that the price for PDL's is rising, which is curbing their buying activities because at current prices many don't meet their return criteria, but CLH is accelerating its buying program...
I agree with McLovin on this one...CCP is generating so much cash at the moment that they are paying increased dividends along with ~$10m in principle debt reduction each half...if they keep this up then they could be debt free by FY12...thus giving them the chance to BOOOST dividends/buyback shares..or futher fund expansion... Much more brightside with CCP IMO...
CLH has been down for straight 9 days, it closed at 1.38 today from about 1.7, down 20%. With the volume of 823K,it went low of 1.325. It looks the correction is near end and tomorrow will be crucial time for its share to rebound.
Big break out recently on good profit result, seeing it being spruiked everywhere by Motel Fool and others though.
Long way down from recent highs of 2.40.
Pays a good divi.
Been fairly hammered. Maybe time for a move up. Fundamentals all ok?
I think CCP are a much more compelling buy at their current price - alsooff a fair bit from recent highs.
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