shock due, page-2

Thanks for such a well informed post, setting out all the salient details which make CSR quite doubtful.

I do think that the building materials sector is a bit oversold, and the glass division would do better if the Aust dollar drops (but when? when will the dollar drop ... ? will it drop?)

Those are the only plus side things I can think of.

There is a sentimental factor - I am dreadfully sentimental - that it is sad to see an iconic Australian company, which once had such a good, diverse earnings base, now cut down so severely. I hope they can find their way out of this. But sentiment is not a guide for investing.