Today's drop virtually takes RHC back to where it was in late 2014 at a time when its core earnings were c164c vs today's c280c. So, presently, it is valued at 19.5x core earnings or >5% which is well ahead of the interest rate market as well as many blue chips out there. Mind you, the dividend payment is also fully franked - something else which is appealing but poorly considered from an investment choice perspective. With today's dip, the opportunity to buy back in has presented itself well.
RHC, page-6
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Last
$43.10 |
Change
0.520(1.22%) |
Mkt cap ! $9.923B | |||
| Open | High | Low | Value | Volume |
| $43.10 | $43.30 | $42.78 | $4.386M | 101.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 455 | $43.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.11 | 64 | 4 |
View Market Depth
| Last trade - 11.14am 17/10/2024 (20 minute delay) ? |
| RHC (ASX) Chart |