Is CSR a concern?

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Question asked 01/10/2021

Is CSR a concern?

I want to first say I really appreciate this "Ask James" feature of MM. As a retail investor it is invaluable to have someone (that's not from a random online forum) to bounce thoughts off! I was chatting to my neighbor who's involved in major construction projects around NSW and he was telling me many projects are slowed or delayed because materials are lacking and logistically backlogged. We have all heard about the shipping issues around the world and this just made it even more real to me. My question is do you see any potential impacts on CSR? Would revenue be negatively impacted by inventory and delivery problems?

Nathan K

Answer

Hi Nathan,

Thanks for the feedback as always much appreciated. I believe all the points you’ve mentioned are valid but arguably they are also built into the building stocks which have drifted over recent months. I have no doubt revenue will be adversely impacted across the industry but medium-term we remain bullish CSR however the short-term could remain a bit choppy.

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CSR Ltd (CSR)

LAST UPDATED 01/10/2021 17:23

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