I gained strong confidence in CSV since i listened to the singapore presentation. I have posted constantly my belief in this company's business model and how securely entrenched much of their earnings are. Has my promoting, cajouling, encouragement etc persuaded even a single HC reader to buy?? I hope so, but do wonder if HC does influence many people.
PS. read the final 3 paragraphs of CEO's statement. Note how the final sentence he states: "The best part of our business is that much of the profit for nest year is already locked-in, as a result of the multi-year contracts in IT services and the service annuity revenue of print services which drives 80% of the profit."
CSV only bought Canon in April. Imagine the income flowing over the next 12 months esp when u readv how switch to colour offers substantial leverage.
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