CSR - CSR Limited

[daaussie]

Hi I read the yahoo reference, but my stock broking firm recommends a buy and places CSR at $4, plus the sunday mail this weekend recommended it as a buy. The other thing to consider is the 6 cent dividend to go ex-dividend this week! not much but a little sweetner.

 

[Kauri]

Don't want to jinx CSR but I'm still waiting for her to retrace back into my buying zone... :hide:

As per post/chart #71, looking for positive price and vol for possible entry

 

[Kauri]

Well, we got the price/vol entry we wanted, expecting a Wii retracement soon.
( at 3.60 so far today)

 

[noirua]

Hi I read the yahoo reference, but my stock broking firm recommends a buy and places CSR at $4, plus the sunday mail this weekend recommended it as a buy. The other thing to consider is the 6 cent dividend to go ex-dividend this week! not much but a little sweetner.

Yes, and the possible break-up mentioned gives some spice to this one, despite the sugar price tumble upsetting the apple cart. Options MAY be profitable here for GAMBLERS in the short term.

 

[noirua]

More good news for the CSR share price as Bloomberg report that CSR are in the top companies in their takeover list in Aus for 2007. Settlement of litigation against Ace Insurers will add $103 million to the companies accounts. A must have for 2007 are CSR, IMHO.

 

[noirua]

Going well today are CSR as a possible bid/break-up and Litigation pay out put a sports engine in the clapped out wagon.

 

[noirua]

Heading back closer to the $4.00 target this morning at $3.85. Probably on break-up and bid speculation, and that $103 million sweetner.

 

[Kauri]

At an interesting stage now, a fall below 3.50 will change my outlook.

 

[noirua]

At an interesting stage now, a fall below 3.50 will change my outlook.

Yes quite interesting as CSR hold their price, $3.74, in strong trading today. A fall to $3.50 would change all this, as you say, though I'm looking up to $4.00 and not down at $3.50.

 

[Kauri]

Yes quite interesting as CSR hold their price, $3.74, in strong trading today. A fall to $3.50 would change all this, as you say, though I'm looking up to $4.00 and not down at $3.50.

Noirua.
Hi, are you still holding? I,ve been looking for 4.20ish since buying in, but am also aware that a fall below 3.50 will invalidate my trade. I like to know where to cut and run..
Cheers
Kauri

 

[noirua]

Noirua.
Hi, are you still holding? I,ve been looking for 4.20ish since buying in, but am also aware that a fall below 3.50 will invalidate my trade. I like to know where to cut and run..
Cheers
Kauri

Bought options in mid-December with price at $3.46, holding at present.

 

[noirua]

Holding up well are CSR at $3.65 and hopefully we'll see a rise towards $4.00 and not the forecast of $3.50. I think this, because CSR are likely to be broken up sometime, despite CSR saying it won't happen this year and that $103 million cash windfall from legal matters keeps this stock looking good - and the takeover rumours are still around - despite sugar worries etc., Hopefully options were the right gamble on this one.

 

[Kauri]

Holding up well are CSR at $3.65 and hopefully we'll see a rise towards $4.00 and not the forecast of $3.50. .

Hi Noirua..
Yes, good to see my stop @ 3.50 has held up so far during the retrace from 3.89 to 3.53. By the way, do you have a stop on your options?

 

[noirua]

Hi Noirua..
Yes, good to see my stop @ 3.50 has held up so far during the retrace from 3.89 to 3.53. By the way, do you have a stop on your options?

No!

 

[TheRage]

Hi Noirua..
Yes, good to see my stop @ 3.50 has held up so far during the retrace from 3.89 to 3.53. By the way, do you have a stop on your options?

I couldn't believe the intraday range the other day when it dropped to 3.53. It certainly seems to be holding today. Interesting that you guys think CSR might split this year. Fundamentally this would make sense. Infact if CSR concentrated on Sugar and tapped into the Brazilian market I would get very exicited about this stock.

 

[noirua]

I couldn't believe the intraday range the other day when it dropped to 3.53. It certainly seems to be holding today. Interesting that you guys think CSR might split this year. Fundamentally this would make sense. Infact if CSR concentrated on Sugar and tapped into the Brazilian market I would get very exicited about this stock.

Up this morning to $3.69 which puts me well into plus territory. Speculation could be a good thing for this stock whether it's break up or takeover speculation. If the ASX stays strong then we may see more from CSR.

 

[TheRage]

Up this morning to $3.69 which puts me well into plus territory. Speculation could be a good thing for this stock whether it's break up or takeover speculation. If the ASX stays strong then we may see more from CSR.

Precisely what I am hoping for.

 

[Kauri]

Still looking for 4.20 area, bit of a pause at recent high, hope it won't prove too difficult to overcome.

 

[noirua]

Hi everyone, Nice bounce to $3.85 this morning should make the oppie investors well happy.

Question now is, whether to bow out? Any views on CSR at this level?

Hi Kauri, you beat me by a few minutes on that post, thanks for the chart - Good Luck

 

[noirua]

Just hit $3.96 and getting nervous as my profits build up. With previous rumours of a bid or break-up, maybe, just maybe, it's just about to hit us, one or the other that is.