Hi jwipp I hope you don't think I was having a go at you. I was...

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pear

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05/10/15

10:35

Post #: 16114046
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Originally posted by jwjpp ↑

In my opinion, I think the SP might keep falling down a bit more, because of the falling aluminium price, which has triggered the most investors sold off the company's share. but it is a good for value investors, I can use this bad news to get the cheapest buying price for a good company, CSR's balance sheet is still good. sometimes need to be very patient to wait for the right price to get in, and right now is a right time to own some shares from the building material company (house price booming still). I believe some big financial companies r thinking the same thing, that is why NAB has been in and out lately, they try to get in in the cheapest price and so they can have the biggest sp growing margin. it all just my opinion, any other opinion r all welcome.

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Hi jwipp

I hope you don't think I was having a go at you. I was picking on analysts.
I happen to concur with your reasoning as to why CSR is a buy. The balance sheet is excellent. Not $1 of debt.
Don't know about NAB buying. They are in and out on a regular basis.
I wonder why they don't sell the investment in the aluminum company, can't see the fit.

Pear

CSR Price at posting: $2.87 Sentiment: None Disclosure: Held
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0 Great analysis

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Hi jwipp I hope you don't think I was having a go at you. I was...

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