italian guidelines, page-10

redgum,

Your post is exactly the sort of posting on this stock that I have been witness to all these years. It is as if no one can bare to face the facts.The share price is more than "a little disappointing" it has been in decline for many years.If you had truly researched this company you would have looked at other companies to gain insight into the time frames that one has to allow for a company to develop and to make profits. I suggest that you look around at some other companies and see what are the best profit growth rates you can reasonably expect I know you will find that the odds are impossibly long of net profit growing 500% from $2m to $12m in just one year

That management misguided the market on likely aproval times, product take up rates and cash flow projections just illustrates their inexperience in these matters it is fortuitous for shareholders that they have several strings to their bow such as excellent restraint when it comes to spending money and the ability to stay focussed on their goals when there are many distractions along the path to success. Overall CST has excellent management it is the share holders with unrealistic expectations that I have a problem with

In regard to your comment that you are content to hold I would suggest that you now have few other options after such a long period of blinkered inertia. As mentioned in my previous post from here on CST's share price will steadily climb as the share price tracks the profit increases so you will certainly be better off in than out however I do think you should temper your expectations of what can be expected for both the share price and net profits. If CST's share price is $3.50 and net profit is $6m in a year Cellestis will be a market darling but it will still fall far short of many shareholders unrealistic hopes.