No genuine assessment can be made if CUP until they report FY2022 including H2 analysis.
l remain extremely bullish on this business.
At current prices, I belive CUP is able to decouple itself from ant bearish broader market based on its own merit. This provides capital protection.
Assuming the Accurium and other late H1 profit accretive investments have delivered better cash flows, the overall value of the business increases along with an incremental increase in dividends to around 3.5cps p.a. This will provide room for capital growth.
The new CEO has plenty of cash to work with to map out his direction.
In today's uncertain markets, it is hard to go past fundamentals that don't rely on blue sky.
