Q1 results are in..... ebitda 14.6mm vs 8.9mm last year
63 cents vs 37 cents.... last quarter was 78 cents so i think the market is not gonna fall in love with the lower number, regardless of seasonality
outlook is strong and profitable for 2012... company is looking for organic and external growth, tho they have said this before
for the last two quarters, the company's 2 weakest quarters (4th and 1st) the company earned 1.41/share... compare this to 3.84/share for ALL of last year.... assuming they can earn the same in q4 2012 as they did in 2011, they only need to earn a total of 2.43 in 2nd and 3rd quarter total to match 2011 earnings per share.... keep in mind that 2011 2nd and 3q numbers did not contain contain the HNZ acquisition.... long story short, chl will post a record EPS in 2012 and could easily earn 4/share which would easily justify a higher price than current
valuation is still on the side of longs but chl has got to attract new buyers and funds who want to take the shares to the next level....
glta