CSR 0.00% $8.97 csr limited

if due to release report are bad and share prices are falling...

  1. 3,740 Posts.
    if due to release report are bad and share prices are falling before. was it insider trading and it is too obvious?

    my guess following factors are contributing to price falling.

    1. overall Oz housing market are in downtrend. market predicts future of csr earning will stay low.

    2. some investors are selling out due to impatient, cut loss and chase other stocks.

    3. some RET investors are "playing" like NAB keep sell out and buy in. Tree shaking?

    shut mouth from the management. so in theory no material change in csr predict earning forcast for this year. Otherwise managment need to annouce it to the market.

    the key point is our balance sheet are strong and can withstand the viloatiy for mid term. so no need to be panic. price will and can recover. My BHP share fall to low 20 dollars three years ago and looking at it now 47 dollars.


 
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