RPM 2.53% 7.7¢ rpm automotive group limited

Ann: RPM undertakes $4m Capital Raising, page-17

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  1. 4,152 Posts.
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    Hello. The debt is not the foremost problem. I attempted to write a rational post for you about dividend. Telstra has $13 billion in debt. Yet last half Telstra paid all of its net profit amount in dividends.

    RPM growth prospects is limited, similar to Telstra. If RPM could pay a good dividend, this would be the primary reason for investors.

    Most of what you posted is irrelevant because the recycling business is forecast to make $2m EBITDA per year or say $1M in profit after tax. $1m profit is another $0.003 cents EPS fully diluted or 2 or 3 cent addition to the share price.

    It sounds like you invest based on ideas rather than on financial parameters.
    Last edited by GKeden: 23/04/24
 
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