Intelligent Investor

CSL Limited

By · 22 Feb 2002
By ·
22 Feb 2002
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Recommendation

CSL Limited - CSL
Current price
$269.49 at 16:40 (19 April 2024)

Price at review
$48.05 at (22 February 2002)
All Prices are in AUD ($)
CSL (CSL) - $48.05: Since issue 88 (Sell - $43.02), CSL has been a sell in no less than three subsequent issues, the last being issue 92 (Sell - $48.80). We suspect you can guess our current thinking. The company reported a 111% gain in half-year profit to $57.5m and increased its final fully franked dividend to 12 cents (ex date unknown). So, what are we thinking? Exactly the same. A PER not far short of 100 can't be justified long-term. SELL.
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