RWC 1.23% $5.77 reliance worldwide corporation limited

Ann: 2022 Half Year Earnings Announcement Date and Webcast, page-5

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  1. 10,782 Posts.
    lightbulb Created with Sketch. 1423
    My largest holding by far is REH, which has been on a slide recently from c.A$25.00 (overvalued) to around A$19.50.

    I've wanted to own a miniscule slice of RWC for a while so couldn't resist at under A$4.95, irrespective of supply chain problems, inflation, interest rate hikes and the rest.

    In the short term, there's every chance the SP may further decrease but impossible to pick the bottom. In the medium to long term, RWC should show itself to be a well run, profitable business that rewards holders if history is any guide.
 
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