Weakness in Cleanaway shares is an opportunity for investors
We recently assessed the fundamentals for Cleanaway Waste Management (ASX:CWY) after the Company reported its full-year results (FY19). CWY’s main operations comprise the collection, recovery and disposal of solid waste as well as liquid waste. Post results release, the share price has struggled. The underlying earnings result (EBITDA) was slightly below consensus estimates. Also, the FY19 result was the first in a while where the Company has not delivered a result that was ahead of market expectations. Further compounding this …
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