help what if i buy csr now at 1.21, page-8

Yes, favourable industry factors shoukd benefit all the main players.

But I suspect the market is presently over-pessimistic about CSR because of internal company factors rather than external influences. There are doubts about the tentative management style, dis-satifaction with the Viridian performance and uncertainty over asbestos liabilities.

There might also be skepticism about the down-sized CSR operation.

The management of this company must prove itself and get the operation consistently generating acceptable earnings (profit) results across its divisions. I believe this can restore investor confidence and may push the price upwards.

I am also hoping there might be a surge in infra-structure spending within Australia in the next two or three years. After capital management initiatives are finalised, some small appropriately priced bolt-on acquisitions by CSR soon might help the company maximise its exposure to this anticipated expansion.

I think the prospects for economic growth will greatly improve if there is a change of government nationally and in some of the states too.



Always do your own research.