CMC Capital Markets (CMCX)
Posted: September 2nd, 2021, 12:24 pm
Down 26% today on disappointing guidance update.
Temporary slowdown or start of a longer slide?
I have a small position in my SIPP and was looking for an opportunity to add more. Is this it or is it a case of catching a falling knife?
On the face of it, the shares look a good buy. Last reported dividend cover was 2.01 and PE well below 10. If the current year's dividend is maintained the yield would be nearly 10%
Y
Temporary slowdown or start of a longer slide?
I have a small position in my SIPP and was looking for an opportunity to add more. Is this it or is it a case of catching a falling knife?
On the face of it, the shares look a good buy. Last reported dividend cover was 2.01 and PE well below 10. If the current year's dividend is maintained the yield would be nearly 10%
Y