CSL - CSL Limited

[Knobby22]

Back down to circa $100, I have taken a position at $80 by selling a put, I would be happy to own at that level.

It's a weird one to value, it definitely has a solid position and deserves a highish PE, but with the Buyback operating at levels being funded by debt it's hard to know how beneficial this will ultimately be, but I am comfortable with $80, I will probably just keep an out of the money put option position rolling until I can some stock via it being exercised, until then I can earn more in put premiums than I can by the CSL dividend.

It all depends on how well they bed down the flu acquisition. The initial report wasn't too flash and they said they would need a year, I think they will end up needing 18 months. If next report is similar CSL could easily go to $80.

I am only owning my long term shares in the company that I got when it floated. I would like to buy back in with my shorter term holding but am being patient. I reckon they are a bargain at $90.

 

[OmegaTrader]

Interesting chart.

My gamble is down.

DYOR not advice...

Probably regret making a call and it will keep going !!!

ahah

 

[rcm617]

Up nearly 50% from the lows at the time of the last post on this, pretty good for a $60 billion company. Question is can it keep going up from here. Underlying NPAT grew 36% last half, with FY profit expected to rise by 18-20%. Will that be enough to keep it at $135 per share.

 

[Tightwad]

UBS had a target of $145 a couple of days ago

 

[Quant]

CSL is one of those companies I never get right , amazing growth profile . at $145 would be trading at 30 times 2018 . One day the growth runs out and the 30% gap down comes , timing that the hard part . Given it earns a lot of USD a stronger AUD would be a negative . " If" I held id book at 145 and never look back . Got to say it does look extended right here though , technically and fundamentally . Its a massive part of indexation so its one of these auto buys atm though , I'm not game to short it ... YET . $145 maybe for the bump and run

 

[sptrawler]

Don't beat yourself up, I bought 2,000 of them 5 or 6 years ago for $27, then sold them for $30 when I was made redundant. lol

Funnily enough at that time, we were debating on the forum, how the baby boomers had it so good.
If those same posters had bought my shares, they would have creamed it.

 

[luutzu]

Don't beat yourself up, I bought 2,000 of them 5 or 6 years ago for $27, then sold them for $30 when I was made redundant. lol

Funnily enough at that time, we were debating on the forum, how the baby boomers had it so good.
If those same posters had bought my shares, they would have creamed it.

Has Marge beaten you up over it?

I'm in a similar boat with CSL too. Bought for $30s, sold at $42 I think. Could be $37, memories want it to be the $40s.

 

[sptrawler]

We just have to hope, history repeats, in our time frame.
Then we have to hope, we are sensible enough to recognize the opportunity, and act upon it.
By the way Marge is always a winner, never made a decision, never been wrong. LOL

 

[Quant]

Got that text book Bump & run look now , never expect precision but take it when it comes .

 

[McCoy Pauley]

CSL completes the acquisition of 80% stake in Chinese plasmas-derived therapies manufacturer Wuhan Zhong Yuan Rui De Biological Products Co. Ltd, paying US$352 million to Humanwell Healthcare Group Co. Ltd.

The transaction was announced in early June 2017.

Fairly small transaction compared to previous transactions CSL contemplated. Given the company makes about $US30 million a year, one would think that CSL isn't buying it for the profits at this stage, but more for access to the Chinese market and potentially the IP held by the company.

I hold.

 

[peter2]

If you haven't already guessed then I'll mention that I'm going through my ASX200 watch list.

Here's one I've missed.
1. Strong weekly trend UP.
2. Pull-back with market dip, but price doesn't go back to prior BO level or the fib buy zone I've placed on the chart (box). What does this indicate? Few sellers, keen buyers.
3. BO-NH and it's off to new all time highs.

 

[Sharkman]

this stock is a significant % of my portfolio so obviously i'm stoked with the recent price action, but there doesn't seem to have been any sort of news/announcement/catalyst here. i'm wondering whether this is at least partially due to a large amount of funds rotating out of the banks in a knee jerk reaction to the UBS research note, looking for a high quality stock to be re-allocated to and finding their way here?

 

[peter2]

@Sharkman That's a reasonable idea. I've posted bullish sentiment on both CSL and COH. RMD is going higher and other healthcare providers HSO (Takeover offer), PRY and RHC are bouncing off support.

Some utilities are attracting buyers also. AGL, ORI and APA are three I've noticed tonight.
Even the REITs are attracting buyers this week. Nulla Nulla will be beside himself.

 

[HelloU]

Yup, jump from big safe things to other big safe things I suppose - not easy for the big money. This is a train for reasons that I do not really totally get. Overlay a 5yr of this and IVC for a lesson in 'shares being shares' - lol. It has been so good to me for so long that I think I will be really slow to recognise when to jump off (as I now give it such a long leash). And if I was asked if I would take a pilot now then I really do not know if I would - and this adds to my total dumbness on it.
Reason for post though was about ur utilities/health comment (ur still a little nugget dropper) as much to see there imo as rates rise in future years - and noting they stand up to govt now much more than previously - which means either butt out govt or throw lots of money at me to help me listen. Interesting. @peter2

 

[McCoy Pauley]

Long article in the SMH about the future plans for CSL.

https://www.smh.com.au/business/mar...e-a-global-success-story-20180601-p4zis1.html

 

[Knobby22]

Long article in the SMH about the future plans for CSL.

https://www.smh.com.au/business/mar...e-a-global-success-story-20180601-p4zis1.html

Yea, read it in Saturdays Age.

 

[Knobby22]

Slightly beat profit guidance. That's the way to do it.
Dividend is nice this year due to drop in Aussie$.

 

[Belli]

Slightly beat profit guidance. That's the way to do it.
Dividend is nice this year due to drop in Aussie$.

A little bit more to it than simply that I feel. Last year the corresponding dividend was $US 0.72 while this year it's $US 0.93. The exchange rate does help though for sure.

 

[Porper]

Slightly beat profit guidance. That's the way to do it.
Dividend is nice this year due to drop in Aussie$.

Never a bad idea to have exceptionally strong trending stocks like this in your portfolio. Seeing a trend like this puts people off, thinking they have missed the boat. Who knows it could go to $300 next year. Simple analysis, a wave count and channels. Price today pushed up through a potential reversal zone (let's see the close). Needs to close above $206.00.

Disclosure: I hold

 

[Ann]

CSL has really pulled back hard with this current correction. Is it now a buying oportunity or will it still see further falls? Perhaps its run was a bit too fast over the last year and the reason for such a massive correction was all the new people in at the top were the first out? Don't know, just saying.

Anyway, here is a chart. I can see support at around the $168-$170 level, if this fails then perhaps the next support may be $150. Any lower than this would have to be a fire sale.