I'll let Ivan continue with his exc TA comments re chart trends...

I'll let Ivan continue with his exc TA comments re chart trends etc on a separate thread. I hope this thread will see comments from holders re today's update from CSV. A leap of 8.9% in SP tells the story.... but that's just today's response. The update is largely positive and even bullish for earnings over the next 24 months. If even half the pipeline of contracts for the IT section evenuate over next few months (and some are in an 'advanced state') then we'll see decent earnings for 3 years which is re-assuring. The print business has recovered well from setbacks in 1HFY11 and the full year's figures have been stated. These show substantial increases from FY10. But it's the last sentence in update that provides the key: "We believe that CSV now has a national platform and is well-postioned for STRONG ORGANIC growth in FY12 and BEYOND". (capitals are mine to emphasise their importance)

In summary: A huge relief for holders like myself that hung-in and kept buying as SP fell and fell. The fundamentals are now confirmed and strong growth in both top and bottom line awaits. Dividends are going to be exc esp for those who piled-in near the $1.00 level. What a relief!