RWC 1.39% $4.39 reliance worldwide corporation limited

Ann: FY2019 results presentation, page-6

  1. 268 Posts.
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    Good question Dorianx. I think with the quality of the business somewhere in 20-25x PE range. It's hard as the UK and Australia are arguably at cyclical lows which impacts this, so it could be in excess of 25x PE. Share price has some retracing to do and I think $4.50 (closing the gap down) is achievable and maybe even $5.
 
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