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Month: January 2011

Cash Converters (CCV)

Posted on January 9, 2011 by Leon

Market Cap: 298M P/E: 11.1 P/B: 1.83 Dividend Yield: 4.5% The first thing you notice when you look at CCV’s financials is the cumulative shareholder return over the past decade: 37.7%. This means a $10,000 investment in the pawnbroker and personal loans company in 2001 would have grown to $245,097 today. But that’s history. Looking…

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Colorpak (CKL)

Posted on January 6, 2011 by Leon

Mkt Cap: 52M P/B: .85 P/E: 8 Div Yield: 5.1% My first buy of the year occurred after offloading the last of my blue chips. Colorpak designs and prints packaging, a decidedly dull and steady business. Recently CKL acquired Carter Holt Harvey’s packaging business, for a mere $5m, funded from existing cash and debt facilities….

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