CSL has always been too expensive in my mind to buy but then have regularly delivered at reporting thus have continued to sit on a PE above 40 (currently 44 after fridays rise). As everyone knows a great company and an Aussie favourite but still not worth a PE above 40. A price range below 250 gives a PE of around 36-38, which makes it a more attractive buy. If we do go in a global recession I actually think all stocks will be further sold off and then the great ones like csl will recover more quickly hence why I want to own it. We could see prices below 220 if that happens, so I'm in no rush to buy at these prices.
CSL has always been too expensive in my mind to buy but then...
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Last
5.8¢ |
Change
0.002(3.57%) |
Mkt cap ! $77.86M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.8¢ | 5.2¢ | $72.00K | 1.319M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 509700 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 170148 | 2 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.002 ( 1.82 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.2¢ | 384269 | ||
| Last updated 15.56pm 31/05/2024 ? | |||||
| ALC (ASX) Chart |