hard to put a value on these guys. I still think they are performing well, but their growth is somewhat constrained by their size now, I think. I am still up 150% with them, but at one point I was up 200%. So - quite a bit lost in the interim. But at these levels, I think the price point is an overreaction. I will hold, but my Peregrine position has totally outperformed CML over a much smaller timeframe - loving the CML dividends though - so another good reason to pick up stock from here. At this level, and with this Dividend Yield, CML is a better option than REIT's, IMO.
Always a proxy for the market...not a bad yield - but likely to see a flat earnings year for the reason given. This has price implications Financials like Investec ( now that they have stopped buying idiot businesses at the wrong point in the cycle) look good to me.