Risk Adverse ? - Will Fund Manager Park it in CSC ?

CSC announce 20sen div for FY2009.

CSC can be a good counter & a save heaven for Local Fund due to belowmentioned reasons, esp now when the stock market is under severe correction :-

1. A major player in local steel industries, main producer for Cold Rolled Coil.
2. Cash rich & consistent in delivering good results.
3. Low borrowing, near to zero borrowing.
4. Good prospect in steel price in year 2010, a recovery in steel industries seen in year 2010 & 2011.
5. Good dividend payment record.