RAK 3.85% 81.0¢ rakon limited ordinary shares

Ann: Investor Presentation, page-3

  1. 2,791 Posts.
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    What makes you say it's a major player? If you strip out the TXCO shortage it's not undervalued. Look at competitors - PE ratios at a similar level.

    I think the business has done really well to take advantage of the growth in chips, move into new segments and grow revenues steadily. However, I can't see it pushing past the recent highs unless they give better than expected guidance for FY23 IMO.
 
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