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3.09%

94.0¢ rakon limited ordinary shares

But they have new markets, new product development and new...

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KiwiCheek

676 Posts.

281

10/02/22

19:48

Post #: 59494340
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Originally posted by healthyinvestor: ↑

What makes you say it's a major player? If you strip out the TXCO shortage it's not undervalued. Look at competitors - PE ratios at a similar level.

I think the business has done really well to take advantage of the growth in chips, move into new segments and grow revenues steadily. However, I can't see it pushing past the recent highs unless they give better than expected guidance for FY23 IMO.

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But they have new markets, new product development and new manufacturing sirs around the globe.

Therefore, please let us know how thwrw is no growth.

Sorry, but your comment is dodgy.

Price at posting: $1.90 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 94.0¢		Change -0.030(3.09%)		Mkt cap ! n/a

Open	High	Low	Value	Volume
95.0¢	97.0¢	93.0¢	$241.0K	251.4K

Buyers (Bids)

No.	Vol.	Price($)
0	10500	93.0¢

Sellers (Offers)

Price($)	Vol.	No.
94.0¢	45432	0

Last trade - 13.00pm 03/05/2024 (20 minute delay)

RAK (NZSX) Chart