RCT 0.00% $2.95 reef casino trust

Agreed sisyphus - although the price can be volatile i'm happy...

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  1. 2 Posts.

    Agreed sisyphus - although the price can be volatile i'm happy to be a long term holder and enjoy that juicy 7+% dividend


    Also very attractive is their operating margin - not many businesses have such a great monopoly to keep 20+% of revenue


    For me the fundamentals are solid so it's worth sitting on this until some news pushes the price up.  I note it seems to go against the general perceived economic direction.... there is an old school belief that casinos and the like do well in an economic downturn

 
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