CGF challenger limited

Potential takeover target, page-21

  1. 251 Posts.
    Even at 15x it can be volatile when the market moves, as is the nature of an investment margin type of business. (Note that i'd still be buying at 15x P/E)

    When times are good CGF is very strong, when markets are bad it can crumble. Will be very interesting to see how we fare in the next big crash. Madam, thoughts on our profit margin's resilience to 20+% market moves downwards.
 
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