CSV 0.00% 30.5¢ csg limited

sp, page-54

  1. DSD
    15,759 Posts.
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    cheers legume. When appropriate i don't hesitate to ring companies and identify myself as a 'shareholder'. Clearly with 20c EPS... SP below 1.10 was a screaming BARGAIN! Unfortuantely i was not able to capitilise. Sigh.
    Onyx... i haven't read Camden's reply yet. But main difference between COF and CSV is that the former (as a consulting engineer) has 'one-off' jobs building a bridge, school or dam. Hence, income largely dependent on number of contracts signed... which makes future income very hard to forecast. CSV has mostly 4 year contracts hiring-out printers along with an IT division. The IT is more difficult to make predictions abou,t but printing section has much more certainty. Afterall we know the income split is 60:40 and both halves will see divs paid. My opinion? If you are stretched don't buy anything. If you have spare cash... CSV below 1.15 is a good buy for someone with 2 yr horizon. I look forward with keen anticipation to new release re FY11 guidance!! THAT will bring much more certainty to the SP!!
 
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