Anything can happen, shorts increasing is the real worry for me.
At the moment it's on a PE of 7 and Div of 8% - it looks on the surface crazy cheap.
However, there's no doubting that a correction in housing will affect CSR but I'd argue this is already factored in to the SP decline based on the current fundamentals.
Is there a chance CSR will be taken over on the cheap? It has quality businesses which generate good money and in time will recover in my opinion.....I wonder if there's anyone running the numbers right now?
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