RKN 0.00% 51.0¢ reckon limited

Broker price target increased to 1.60. Almost 100% upside, page-4

  1. 20,483 Posts.
    lightbulb Created with Sketch. 2032
    Petra capital are a broker than mainly deal with instos and Sophisticated investors. they are very good IMO

    Asparagi
    yes - i agree i thought debt was a little high a couple of years back but they have been managing to reduce over last 2 years while investing in business and paying out very good divi. This lump sum debt reduction makes debt well within a comfortable range at 1 x EBITDA. Furthermore the growth and margin expansion is encouraging. As you correlcty point out, if theycan get all business units firing , then the next few years will be very solid. with a 5.7% FF yield at these levels , one only needs a few % SP growth per year to get a solid return , but i do expect the SP to rerate to the dollar mark soon
 
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Last
51.0¢
Change
0.000(0.00%)
Mkt cap ! $57.78M
Open High Low Value Volume
52.5¢ 53.0¢ 51.0¢ $38.42K 73.67K

Buyers (Bids)

No. Vol. Price($)
1 4596 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
52.5¢ 6466 1
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Last trade - 14.55pm 04/10/2024 (20 minute delay) ?
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