CSV want to expand their printing services into New Zealand by...

  1. 174 Posts.
    CSV want to expand their printing services into New Zealand by buying out the business that supplies the country with Konica printers, about 25% of national market. There is some resistance from NZ because they don't want Xerox people in control of their Konica business.

    CSV say there is considerable up-side as businesses in Aus & NZ up grade to using more colour printing and the profit margins for CSV are larger for colour printing.

    These expansion talks have been going on since November. Has anyone heard any more?

    These guys recently had a capital raising for the instos. It would have been nice to get a chance to top up at $1.60 but I guess they were in too much of a hurry to let the retail punters in.

    CSV sp has been a strong improver the last 9 mths, it was hardly affected by the dips in the broader market.

    Good luck to all holders.
 
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