CSR are so under geared. Their return on capital is over 10% so why not announce a huge buyback if they have nothing to buy.
They could easily afford a 15% buyback. Debt is so cheap. In my view a no brainer.
Alternatively they could do a significant earnings accretive purchase, however this would have to be a business with a return greater than 10% on capital. They would have to be very careful if they went down this path as Shareholder scrutiny would be intense.
In my view, the business they know best is their own, so why not do the buyback?
- Forums
- ASX - By Stock
- Buy and Dump?
CSR are so under geared. Their return on capital is over 10% so...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CSR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online