I agree with you but I actually think they have historically focused mostly on long term. i.e. high R&D commitment to fund future profits. As CEO you need the right mindset for this, as you are potentially pouring shareholder funds down the drain if you get it wrong. But we can all see what happens when you get it right. We are now in the period where this long running investment is paying off and will continue to do so as the R&D spend gets exponentially larger.
On that note, CSL112 seems to be everyone's hopes and dreams for continued SP appreciation. But the China story is what excites me the most. They are slowly and steadily working their way in. Asia/Pac is still a tiny part of their sales, yet has a much larger population than their main markets. I'd like to see the share price when the pie chart on page 4 has Asia/Pac as the larger share of the pie...
In fact, I am going to buy more this year off the back of this little thought bubble
I agree with you but I actually think they have historically...
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Last
$273.30 |
Change
-5.150(1.85%) |
Mkt cap ! $132.0B | |||
| Open | High | Low | Value | Volume |
| $275.10 | $275.24 | $272.37 | $199.1M | 726.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200 | $273.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $273.34 | 12 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$273.21 |
Change
-5.150 ( 1.93 %) |
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| Open | High | Low | Volume | ||
| $275.24 | $275.24 | $272.38 | 30785 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| CSL (ASX) Chart |