Just have to get some today and at this level.

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malay

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13/10/15

14:00

Post #: 16166515
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Originally posted by malay ↑

CSR has comeback to test the bottom. Now that it has done that, it is on its way. I like the 7% franking dividend and if grossed up, it is more like 10%. Aluminium price has gone down. It is now factor into the SP.
CSR has team up with Boral into the brick business.It also has real estates which will help them make a few more dollars.The other business are more than improving and sound. Even its glass business is turning around. The SP at this level is extremely attractive, and it does look like a return of at least 25% in a year. I look at the upside risk and the down side risk. At this level, I favour the upside risk every time.

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Just have to get some today and at this level.

CSR Price at posting: $2.74 Sentiment: Buy Disclosure: Not Held
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Just have to get some today and at this level.

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