RPM
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4.48% 7.0¢ rpm automotive group limited

I've recently purchased- the Thursday before FY24 results....

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  1. Rawz
    49 Posts.
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    29/08/24
    12:16
    Post #: 75433482
    I've recently purchased- the Thursday before FY24 results. Historically it was uninvestable imo, too much debt and EPS going nowhere.
    However now is the time to hold!! No more acquisitions, new CEO and improved margins. Some very exiting initiatives to grow earnings in the years ahead. In a couple of months time we will get FY25 guidance and I'm expecting minimum $15m ebitda (20% yoy growth).

    Debt and these outstanding options are putting people off as well I suspect. Depends on how you view things i guess


    RPM Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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