REH 0.04% $26.72 reece limited

I estimate that the EPS will improve by around 8 - 10% for 2019...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 844 Posts.
    lightbulb Created with Sketch. 246
    I estimate that the EPS will improve by around 8 - 10% for 2019 which would make it around 50 cents and at yesterdays closing price of $ 9.94 would represent a forward P/E of 20. I realise that this company (temporarily) is not as safe as it has been in the past but buying the Wilson family's company at these levels doesn't seem a bad idea. If the next report does paint a clearer, positive picture, buying in at these rates will not be possible.
 
watchlist Created with Sketch. Add REH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.