Australia's largest stock trading and investment forum Australia's #1 stock forum

RAN

Click for more information

0.00%

0.6¢ range international limited

Sell the Inu Shiba. Buy some RAN. How does that sound?

First 30 Last

Share
Profile

Follow
Tian8824

1,983 Posts.

118

02/11/21

01:32

Post #: 57244787
Share

Originally posted by Designated survivor: ↑

My first entry into RAN was in April 2018 at around 3 cents. Later, in May, I wrote on this forum, "It's all about sales". I was highlighting that without sales, the best ideas in the world can prove fruitless.

So now the idea has been refined, commercially and financially capable people have replaced the old management while productivity improves. Finally, it now appears that we are on the launching pad of increased sales at a higher unit price. Initially, the target of US$5 million of sales for 2022 must be considered possible, and in 2023, maybe US$10 million. Management has reaffirmed that substantial upside operating leverage exists in this business, and therefore as sales increase, profits will increase faster.

What is a reasonable MC for a high growth manufacturing company, notably in the ESG space, where its product is facing severe structural shortages?
My answer. I agree with @Tian8824. A$13 million is crazy cheap.

Expand

Sell the Inu Shiba. Buy some RAN. How does that sound?

RAN Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

CU6

Clarity progresses SECuRE trial with positive safety results

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

3 stocks with antimony news on Thursday

SS1

Sun Silver confirms high-grade extension theory at Maverick Springs with 79.6 g/t intercept

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

There are more pages in this discussion • 35 more messages in this thread...

First 30 Last

Add RAN (ASX) to my watchlist