RCR rincon resources limited
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yes they do seem cheap on forward multiples, well on current...

  1. d_ricardo
    496 Posts.
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    14/12/07
    13:49
    Post #: 3161165
    yes they do seem cheap on forward multiples, well on current earnings multiples for that matter. probably a blessing in disguise in this climate. didnt anyone observe the damage done to bradken yesterday following flat earnings guidance. too much steam had built up (p/e of 26 i think) and on a revision the s/p got absolutely hammered. even if eps for 07/08 reaches in range of 20-25cps we should see s/p appreciate.
    RCR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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1.2¢ 		Change
0.000(0.00%) 		Mkt cap ! $3.510M
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