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4.00%

7.8¢ retail food group limited

Why isn't RFG moving higher, page-19

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Achilles/

334 Posts.

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26/11/17

20:50

Post #: 29127473
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Originally posted by funnymental ↑

You're fooling yourself if you believe you bought VTG at a P/E of 5.
At last months AGM they guided for H1 2018 EBITDA of between $16-18 million, last year they did $35 million.
So lets say VTG do $17 million EBITDA in H1, minus $5m depreciation, minus $0.3m in interest expenses, minus 30% taxes= $8.2m/154m shares outstanding=5.32c eps.
H1 2017 eps was 14.11 cents, so they're probably looking at a >60% reduction in bottom line earnings in the December half, which is usually their more profitable period.
Then from 1 July 2019 they lose a further 7-8% of retail remuneration from Telstra. In my opinion VTG has value trap written all over it.

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"In my opinion VTG has a value trap " yes and no ,they will open up another 10 stores to compensate the loss of retail remuneration
and they are branching out in two different sectors etc..
But I will get back to you once they have paid their H1 dividend and will be able to tell you what the dividend % was
After that I will know if I was fooling myself .

RFG Price at posting: $4.40 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 7.8¢		Change 0.003(4.00%)		Mkt cap ! $194.1M

Open	High	Low	Value	Volume
7.5¢	7.8¢	7.5¢	$80.55K	1.050M

Buyers (Bids)

No.	Vol.	Price($)
2	130423	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.9¢	272671	4

View Market Depth

No.	Vol.	Price($)
2	130423	0.078
4	320021	0.077
1	13025	0.076
3	22094	0.075
1	6643	0.074

Price($)	Vol.	No.
0.079	272671	4
0.080	1232231	11
0.081	1310436	6
0.082	26203	2
0.083	1547297	3

Last trade - 15.59pm 17/07/2024 (20 minute delay)

RFG (ASX) Chart