Australia's largest stock trading and investment forum Australia's #1 stock forum

RFG

Click for more information

0.00%

7.5¢ retail food group limited

RFG Surely Worth a Buy Now..., page-173

First 173 Last

Share
Profile

Follow
Huyton121

1,201 Posts.

16

06/06/17

16:13

Post #: 25128585
Share

Originally posted by thunderhead1 ↑

a.) It is very possible for UBS to profit from both sides of the equation. They keep the shorters happy by helping them drive down the share price and profit from their positions, collecting their lending fee regardless, and also partake in the subsequent - almost inevitable in my view - recovery for the longs (who, by definition, have a longer term investment horizon).

b.) We have seen enough businesses come undone or capitulate entirely because of the actions of a few, or some bad decisions made by entire departments. This century alone is littered with events of this nature, so I wouldn't put it past the executives at UBS to be capable of the same. They may not see the insides of a jail cell, and may have even profited handsomely themselves, but I digress.

c.) RFG has been very good to me (and I suspect a lot of other long-term holders), both from a capital gain and a dividend perspective, so it has been far from a bad investment decision, though I can only speak for myself on this front.

Expand

UBS proprietary Trading: Private Company Information - Bloomberg

They also trade on their own account. A third source of income.

RFG Price at posting: $4.78 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

MGU

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

There are more pages in this discussion • 187 more messages in this thread...

First 173 Last

Add RFG (ASX) to my watchlist

(20min delay)
Last 7.5¢		Change 0.000(0.00%)		Mkt cap ! $186.7M

Open	High	Low	Value	Volume
7.6¢	7.6¢	7.4¢	$119.0K	1.593M

Buyers (Bids)

No.	Vol.	Price($)
2	296146	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	361655	1

View Market Depth

No.	Vol.	Price($)
2	296146	0.074
4	184289	0.073
3	67650	0.072
3	254798	0.071
5	238449	0.070

Price($)	Vol.	No.
0.075	361655	1
0.076	240706	1
0.077	227379	5
0.078	81829	4
0.079	497481	5

Last trade - 15.59pm 31/07/2024 (20 minute delay)

RFG (ASX) Chart