RFG 1.30% 7.6¢ retail food group limited

RFG is strong, cheap and high yielding, page-153

  1. 266 Posts.
    lightbulb Created with Sketch. 18
    Speaking from my own view, my 'experience' has come about the most by the losers not winners. I think many others on Hotcopper would echo that.

    Even without the Fairfax article, there'd have been a big drop for two reasons that I can think of:
    1. Confirmation just 11 days prior that FY18 underlying NPAT will be up 6% then this. That's got to be a record and I would think has class action written all over it (and ASX investigation because they didn't mention any likely downgrade to earnings to them on 11/12/17 after their query)
    2. That debt. Serviceability and comfort to the bankers is the cashflow/ profitability/viability of RFG. Now that the storm clouds have gathered, those bankers will quickly take back that umbrella. I know I certainly would if I was their lender.
 
watchlist Created with Sketch. Add RFG (ASX) to my watchlist
(20min delay)
Last
7.6¢
Change
-0.001(1.30%)
Mkt cap ! $189.1M
Open High Low Value Volume
7.8¢ 7.8¢ 7.6¢ $40.38K 527.1K

Buyers (Bids)

No. Vol. Price($)
1 295953 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 379123 1
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
RFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.