CMV 0.00% 0.6¢ cma corporation limited

half year

  1. 4,755 Posts.
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    Earnings were probably a little shy of what we were after but all in all not a bad half year. Looks like they are burning through the cash a little quick but given the level of activity/acquisitions undertaken....very understandable.

    I expect second half results to be improved again given Meretec plant in Victoria ramping up to full production & CMV still swallowing acquisitions....& hopefully remedial division pumps out some bucks.

    Great to see a return to dividends & should be a regular occurence from here on imo, with an upgraded 2nd half payout along with profits.

    Luck All
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