Collection House

Do you have a view on Collection House?

A: Unfortunately, don’t follow the Company (Collection House: ASX CLH) and not a business I choose to understand.

The brokers seem a little indifferent. According to FN Arena, Morgans has a hold and JP Morgan an underweight. Both were a little disappointed at the lack of guidance for FY 16 at its annual results. On multiples, forecast PE of 13.0 and dividend yield of 4.2% are interesting – but not standouts for me.


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