CSR's full year results will be released Wednesday 12 May.I'm...

  1. 299 Posts.
    CSR's full year results will be released Wednesday 12 May.

    I'm expecting a good result as sugar prices have been at record highs during a substantial part of the company's fiscal year but falling away during the March quarter.

    Buliding materials would have got a lift from insulation sales during the year as well. These sales would have also slowed late in the quarter after the government finally admitted there was a problem.

    CSR has a history of surprising on the upside. Lets hope this remains the case on Wednesday, however, the outlook will be the critical factor.

    Quite a few brokers have a price target of above $2.00. Patersons has a price target of $1.99.
 
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