CSL - CSL Limited

[Tysonboss1]

A new share buy back announcement. Will it have the same effect as the last one? None whatsoever!

If they insist on paying 4 times Book value again, then yes it will have the same results, ie, the share price will go down once the buying stops and the beans are counted.

 

[Not Rene]

I was looking at the Course of Sales for CSL today 15/03/12 and there were 2 pre market /overseas purchases worth a total of $649 000.00 with a cost of $36 and $36.50 a share! This is $3 more per share than what they were currently trading.
Is this a normal practice for OS buyers to pay more? Or has someone been duped

 

[skc]

I was looking at the Course of Sales for CSL today 15/03/12 and there were 2 pre market /overseas purchases worth a total of $649 000.00 with a cost of $36 and $36.50 a share! This is $3 more per share than what they were currently trading.
Is this a normal practice for OS buyers to pay more? Or has someone been duped

SPI Futures expiry today so all sorts of large orders going through on all the big stocks.

And these buyers are not paying a premium... they just get matched at the opening price.

https://www.aussiestockforums.com/forums/showthread.php?t=11619

 

[skyQuake]

I was looking at the Course of Sales for CSL today 15/03/12 and there were 2 pre market /overseas purchases worth a total of $649 000.00 with a cost of $36 and $36.50 a share! This is $3 more per share than what they were currently trading.
Is this a normal practice for OS buyers to pay more? Or has someone been duped

The 2 orders you speak of were exercise Puts @ 36 and 36.50
The overseas crossing orders was for only $5k worth of shares at 33.40

 

[Not Rene]

Thanks for explanations! I am still learning new things

 

[Not Rene]

hmm $36.28 already, maybe something is happening finally! My dream of $42 may yet become a reality

 

[kermit345]

Anyone else following the trend of CSL? It's getting very close to the $38.00 mark where there could be some reasonable resistance. I think CSL is somewhat overvalued at this mark and i'm looking to exit but not going to do so until I see the current trend cooling off or broken.

Interested in the thoughts of others, trend started around 16th of Feb and has gone pretty strong to now. If it breaks through $38 could get interesting otherwise if trend falters at $38 will be a nice exit for me .

 

[tinhat]

Anyone else following the trend of CSL? It's getting very close to the $38.00 mark where there could be some reasonable resistance. I think CSL is somewhat overvalued at this mark and i'm looking to exit but not going to do so until I see the current trend cooling off or broken.

Interested in the thoughts of others, trend started around 16th of Feb and has gone pretty strong to now. If it breaks through $38 could get interesting otherwise if trend falters at $38 will be a nice exit for me .

Yeah, on a great run and the retreating AUD will help. I sold a couple of weeks ago as I needed the money for something so got out early.

 

[Superb Parrot]

Yeah, on a great run and the retreating AUD will help. I sold a couple of weeks ago as I needed the money for something so got out early.

The run continues, $39.63, must be a 'safe - haven' and could be benefiting from 'Obamacare' passing the Supreme Court. A rise of 16c on the last trading day of the Financial year.
One stock I own that lets me sleep at night.

 

[Not Rene]

hmm $36.28 already, maybe something is happening finally! My dream of $42 may yet become a reality

Well $41 today! The dream is becoming a reality, but now I think I will hold til $45

 

[Judd]

CSL keeps on doing what it does. Large expenditure on research. Unfranked dividend of 47 c

 

[notting]

It announced a Billion dollar buy back on OCt 11 when the share price was about $30.
This was after collecting 2B for a US takeover through a capital raisings and so forth in AU, after that deal fell through and the AU doubled against the US it shifts the money back to AUs to do a buy back.
Since then it's share price has gone to 47. Now it announces another Billion $ buy back at these rediculous levels.
Money well spent?

 

[Superb Parrot]

I remember about 6 weeks ago a broker recommendation to sell. Price still reflects a flight to safety. If it keeps going like this there may be another price split.

 

[Not Rene]

i sold some at $40 seeing as they hadn't been that high for years, the some more at $45.55.
If they reach $50 I am selling the lot, but I already regret selling at $40 :-(
Will I regret selling at $50?

 

[Knobby22]

i sold some at $40 seeing as they hadn't been that high for years, the some more at $45.55.
If they reach $50 I am selling the lot, but I already regret selling at $40 :-(
Will I regret selling at $50?

If you are a long term investor then I predict you will.
CSL has good growth, honest management and profits will increase if the $A falls.
THe only fly in the ointment that I can see is that now McNamee has retired the new CEO will be looking for some writeoffs in his first year.

 

[pixel]

CSL lifts profit giudance:
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01360424

... and the Market jumps

 

[McLovin]

I love these guys. My oldest holding. I got them on the float.

I should add, they were actually given to me as a b'day present by my grandfather so I can't take any credit for it.

 

[Knobby22]

I love these guys. My oldest holding. I got them on the float.

I should add, they were actually given to me as a b'day present by my grandfather so I can't take any credit for it.

I bought 1200 on the float. My 4th ever owned shares. The others were CBA (float), Westpac (long sold), WPL. I sold over half of them to pay my house off - should have bought more.

 

[McLovin]

I bought 1200 on the float. My 4th ever owned shares. The others were CBA (float), Westpac (long sold), WPL. I sold over half of them to pay my house off - should have bought more.

The problem is we both know that it's unlikely we will find another CSL in Australia.

The float was really scaled back, I think $10,000 was the maximum (it may have been lower). What was the float price? I have it in my system as $0.77, but that could be wrong. Either way, I know I'm up!

 

[kid hustlr]

just an incredible holding.

A guy i know got in for a whole bunch of these on the ground floor. doesnt want to sell yet for tax reasons so instead is writing calls on them looking for a 'passive income' lololol