RNT 4.76% 2.0¢ rent.com.au limited

Ann: Quarterly Activities Report and App 4C, page-8

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  1. 1,457 Posts.
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    Well I can't believe the lengths people will go to in order to talk something down. This report reads break even to me. It basically says they were less than 20k from break even, but chose to push marketing harder than forecast in June. And to be honest I'm happy they have the gumption to make that call and not be obsessed with break even like everyone else appears to be.

    The website looks excellent. Users of the resumes is still pushing up really well for mid year. This is rapidly approaching a strong buy rating and FOMO will kick at some point.

    @Lazarus65 nailed it when emphasising that they just beat the result for the busiest quarter of the year with a 'quite' quarter result! Makes me very keen to see how the Jan-Mar quarter goes next year when the renter resume system is already populated with half mill or so and is a known industry product.

    I am very impressed with Bader.
 
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