REH
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1.39% $26.98 reece limited

Ann: HY21 Investor Presentation, page-5

  1. Just_a_guy
    5,420 Posts.
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    25/02/21
    18:30
    Post #: 51334971
    agreed. Very solid result.

    but at a pe of >40, what were you expecting?

    ive sold down some Reh this week, despite swearing I wouldn’t ever do it. I just can’t see sustainable >20%pa returns from here. Still maintaining a nostalgic core holding, but I strongly suspect reh will lag over a 3 year timespan from here.

    for someone that doesn’t want to bother worrying about actively managing their holdings, I still feel reh is a very solid holding.
    REH Price at posting: $16.51 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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