CSR 0.00% $8.97 csr limited

It appears the CEO has chosen to disclose and drop hints via...

  1. 117 Posts.

    It appears the CEO has chosen to disclose and drop hints via select low-key news media interviews.

    If they sell the aluminium business, looks like they might be positioning for quite a large purchase.

    The proceeds from the aluminium sale together with accumulated cash should give them the capability to make a sizeable acquisition.

    Possibilities in the complementary bathroom/kitchen/laundry fixtures and fittings space to investigate might include Reece or some of the GWA Group brands. These businesses have extensive national distribution networks.

    If they decide to make a large cash acquisition, the key is to buy a profitable business at the RIGHT PRICE.


    DYOR
 
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