Sugar price
Mar 2008 13.78
May 2008 14.24
Oct 2009 14.93
Hi yellowcake
Ten years ago, I lost money with him for Adelaide steam; today I saw him lost money on Capral Aluminum, I am not saying he¡¯s going to lost money on every project. But consolidation Australia sugar industry, should be operated either by government or by someone with much experience in industry and assets. Not someone with ambitions ( or ego ) only, before retirement. Maybe he can do it, I always respect him and he is few people from 1987 still work instead of in jail or something. ( just wonder what will happen to center people of today¡¯s crash, crunching )
CSR is in a few industry, building material; aluminum; sugar and property development. All of them in very bad cyclical point themselves and turns to be only way is up for CSR.
Aluminum is very much in up trend; sugar is in patchy. Building material and property will follow.
I can only see up or flat ( with 4~5% dividends) for this one.
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