Forum Archive Index - August 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

Readers,

 

Arising from the announced 30 June 2001 profits, it is fitting to compare the two companies:

 

Company                  CLH ($ 4.70)             BDA ($7.30) 

Year June 30     2001    2002F  2003F         2002F  2003F 

     

Profit (mill.) #        9.2    16.9     24.4               37+      45

Shares (mill)        94.5                                    222      

                                                            

E/S (cents)          9.7     17.9     25.8             16.6      20.3

 

P/E                     48       26        18                44        36

 

Div.cents (65%)    6.5    11.5      16.5              11       13.5

 

Current intangibles ($ mill.):  17                   400 to 500 

 

 

        

# : Before intangibles. + : MD of BDA's forecast: $ 38.4 mill.

 

Remarks: CLH has just mentioned a 12% higher than the maiden projected profit for the year up to 30 June 2001. 

 

In my opinion, CLH will be a solid performer!

 

Gerry 

Holds CLH and BDA ( my temporary code for Baycorp Advantage ).       

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Readers are not asked to buy, hold or sell these mentioned stocks. To do so will be entirely at their own risk.