RAK 3.09% 94.0¢ rakon limited ordinary shares

I've seen my own reports from analysts.The company has just...

  1. 676 Posts.
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    I've seen my own reports from analysts.

    The company has just issued new guidance for it's expected end of year result - now forecasting a new all time high.

    Having held this stock last year also, I know they forecast conservatively.

    RAK's is significant potential upside from its play in the Defence sector too. And based on what's happening in the world at present, they are going to serve this and all of their technology markets well.

    FYI. Analysts spot price is now $2.26. Stand by my earlier statement of trading at a discount. 20% and that's before the final end of year result.
    Last edited by KiwiCheek: 12/02/22
 
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