ahhh good to see my loss on rcr firm from 50% to 47% today
hahahahahaha
despite paper loss, will not be letting go at these prices
rcr appears one of the most diversified capital goods "engineers"
has a fantastic balance sheet, reasonable dividend (at these prices)
and is trading at a significant discount to peers
the first half was very very dissapointing, however company has said earnings will be skewed to the second half, and on balance, at current multiples, there appears to be very little downside ...
the sort of purchases made by the directors in recent days, truly are very significant, they have soaked up a good % of shares on issue and should place a good floor on the share price
good luck to all holders .....
RCR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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