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CSR Limited (CSR) $6.08

CSR keeps marching higher but we are conscious that its slowly becoming fully valued considering the position of the construction industry and economy i.e. they are pricing in good news on both fronts. CSR doesn’t report until October hence we have no insight as to whether they are faring as well as James Hardie (JHX).

  • We can see CSR testing its post COVID high into Christmas but the risk/reward isn’t exciting ~$6.
MM is bullish on CSR short-term
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CSR Limited (CSR)
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