RQL resource equipment ltd

baby and bathwater

  1. 462 Posts.
    lightbulb Created with Sketch. 18
    RQL, has been heavily sold with the rest of the market. However at 40 cents this is now a standout IMO. This company has a proven track record of 20-30% organic growth. The business showed, prior to listing via Repcol, that through the last market rout 2008-2009 its earnings grew from circa $5.5 to $9m. It benefits from mining restricting capex, they then turn to rental rather than purchase.

    I'm long this stock with a 2-3 year horizon.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.