re: Ann: CSR Full year results presentation y... dunno about the price,
obviously it rose from the march low like most,
there was a march preso as well.
but it really is tied to the economy on building products,
some diversification, sugar is their best asset atm.
big cut in divs,
ebit down 17% to 320m but in line with guidence...
EPS down from 20.9 to 12.2
total div down from 15 to 7.5
While it may be down, i'll tip the market will have its knee jerk reaction to the reminder, although much of is probably priced in already.
Because while divs are half 2008, the sp is also down from 3.00 to 1.50
It may represent a low to enter, after the wailing.
How much is a knee jerk worth,?? i'll tip 1.20
cheers
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