RQL 0.00% 26.0¢ resource equipment ltd

sathyath... we all worry. Earnings in FY13 look likely to...

  1. DSD
    15,757 Posts.
    sathyath... we all worry. Earnings in FY13 look likely to improve over FY12. But i can see better value in other stks who offer higher growth, low debt, goodish divs and are in a sector with good macro. RQL has very conservative gearing and is slowly gaining new contracts. Seems mines are delaying expansion plans even more than i anticipated and until that changes i am happy to exit anything above 50c. How long SP will take to reach it is anyone's guess.
 
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Currently unlisted public company.

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