CAA has a very clear strategy - as defined in presos etc - which is to strip out costs. Its the only way that they can compete thus huge capex in plant n equip in the past. The normalisation of $A and mkt regulation and penalties for dumping and circumvention also help. This will drive bottom line growth.
Top line growth will come frm exit of chinese competition - take mkt shr - and continued housing construction geowth rates.
CAA Price at posting:
11.3¢ Sentiment: Buy Disclosure: Held
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