Unsexy stock - day traders need not apply

Campbells - what has the price of Gold to do with CPB ?

CPB is not just a 'soap' business. Their ALS Chemex business did very well :
"the greatest gains with a 40.7 per cent jump in revenue and a 32.3 per cent rise in profit to $11.5 million"

With the price of Gold and other PM's this part of the business - which is global - is poised to have another great year. http://www.als.com.au

CPB is a growth and yield stock - day trade; forget it.

For those attending the AGM in Brisbane - great lunch and $$-value sample bag of all sorts of soapy stuff.

http://www.thecouriermail.news.com.au/common/story_page/0,5936,4363017%255E3122,00.html

Major buys and a goodbye trim profit
Fleur Anderson
22may02
BRISBANE-based Campbell Brothers yesterday revealed its first full-year profit slump in more than a decade but forecast better times and further acquisitions.
The company's full-year net profit to March 31 dropped 37.5 per cent to $11.2 million from a record $17.98 million result in 2000.
The slide, well-flagged to the market in April, was the result of absorbing new acquisitions and the forced re-location of the company's Bowen Hills headquarters due to the Brisbane Inner City Bypass.
Before goodwill amortisation, net profit was $13.49 million, down 4.6 per cent from $14.14 million in 2000.
Shares in Campbell Brothers yesterday fell 4¢ to $5.71.
Revenue lifted 9.5 per cent to $351 million while the final dividend was maintained at a steady 17¢ per share, fully franked.
"We are confident the new financial year will benefit from the implementation of initiatives driving operational efficiencies in the consumer and industrial businesses," managing director Bruce Brown said.
He said the full-year result to March 31, 2003, would be better than the year to March 2002 performance.
The company will continue its aggressive acquisition strategy this financial year and Mr Brown said Campbell Brothers was considering "two or three" possible acquisitions.
During the past seven years, the company has spent more than $80 million on acquisitions in its aim to double its size by 2005.
Recent purchases include the $8 million North American minerals laboratory in December and the Queensland-based pest control business, Arrest-A-Pest, in February.
Of the group's three major divisions – laboratory services, consumer products and industrial products – lab services showed the greatest gains with a 40.7 per cent jump in revenue and a 32.3 per cent rise in profit to $11.5 million.