I have followed this stock for many years, if you check the history you will see that even during significant boom periods they have failed to be cash positive. So I wouldn't put my house on Capral taking off when the building industry recovers. The recent restructure and the interim win with the anti dumping case will definately assist this company. If come April the anti dumping ruling is upheld then they should start making money. They do have considerable competition internally with several new extrusion presses commisioned in Australia over the past 12 months.This is something that makes me scratch my head, why have other businesses invested in Australian manufacturing while the largest manufacturer cries that imports are ruining the local industry?
CAA Price at posting:
32.5¢ Sentiment: None Disclosure: Not Held
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