CXG 2.27% 21.5¢ coote industrial ltd

Have been buying CXG over past few days. The 1H09 report reads...

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  1. DSD
    15,757 Posts.
    Have been buying CXG over past few days. The 1H09 report reads well apart from the 'greentrains' debacle. But the greentrains issue is by no means unsolveable and i reckon potential gains outweigh the risks involved. CXG is not a one dimension business. Has about 10 arms each targetting niche business markets.... and most are making good returns. Have also been reading that WA wheat transport is busy and i suspect greentrain locomotives are getting their fair share of work. A solution to greentrains will see SP explode. meanwhile am expecting 2-3c div in August.
 
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Currently unlisted public company.

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