CSM cosmo gold limited

b2 to chinkiat, page-2

Currently unlisted. Proposed listing date: TBA
  1. 101 Posts.
    "Remember the dot com era and crash of 87"
    Yep I do and a lot of those co's were making losses leading up to the crashes or at the least, PE ratios were pushing towards 3 figures.

    CSM at present is making good money and has been increasing EPS for the last 3 years. A little different I reckon.

    As old mothballed plants are brought back into service supply may well increase, pushing price down.
    However as a small % of the 1 billion Chinese and 800 million odd Indian people begin to demand more consumer goods, that increase in supply is going to need to be quite big to push the price back down. Add to that a possible improving US economy (this is debatable) and I believe resource prices will continue to rise.

    You don't think the leaders of the US empire launched a war for oil because they think there is plenty to go round for all do you B2????
 
watchlist Created with Sketch. Add CSM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.