rxp buy recommendation, page-33

Plenty of switched on posters on this thread but I struggle to see why it's such a great stock to hold. I rode for a while from mid 60's until the last capital raising and then sold in disgust (refer back to my post somewhere). It was an arrogant bull market raising, just grabbing the cash for no particular reason and then sitting on it.

Now we have:

1. Terrible chart for sometime. Even if you use FA which I primarily do, don't ignore the chart

2. Aussie IT sector is littered with downgrades and missed forecasts. Why invest in a struggling sector?

3. EPS growth will be a very low for FY14 even if forecasts are met due to all the dilution. In fact diluted EPS in H1 14 were 40% lower than H2 13 EPS. I am aware of the forecast EPS growth in FY15 but in the current IT conditions will it occur and will it be diluted away by more capital raisings?

To get interested I would need to see them at least go close to FY14 forecasts and then have an extremely impressive forecast for H1 15.