opinions please, page-7

  1. 290 Posts.
    Good to see some discussion cause this share chart is giving me chills and I have seen significant loss albeit on a small holding....I hold most of mine at 10X earnings, which I think is cheap, but now it's closer to 6 X...hehe

    My instinct tells me that NSW will take years to be profitable....that's not so much a reflection of CPR particularly but it's the nature of NSW housing affordability, economy and disposable income...I think management was being arrogant and made a bad call, albeit I back them to finish the job

    I'm a little worried about gremlins in CPR's financials, specifically possible write-offs for carrying too much inventory...but with respect, today's price prices in a massive injury to profits

    I'm just waiting for profit season again to see the financials......I like the business model and hope management is sensible
 
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