RKN 1.82% 56.0¢ reckon limited

Broker price target increased to 1.60. Almost 100% upside, page-4

  1. 20,404 Posts.
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    Petra capital are a broker than mainly deal with instos and Sophisticated investors. they are very good IMO

    Asparagi
    yes - i agree i thought debt was a little high a couple of years back but they have been managing to reduce over last 2 years while investing in business and paying out very good divi. This lump sum debt reduction makes debt well within a comfortable range at 1 x EBITDA. Furthermore the growth and margin expansion is encouraging. As you correlcty point out, if theycan get all business units firing , then the next few years will be very solid. with a 5.7% FF yield at these levels , one only needs a few % SP growth per year to get a solid return , but i do expect the SP to rerate to the dollar mark soon
 
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Last
56.0¢
Change
0.010(1.82%)
Mkt cap ! $63.44M
Open High Low Value Volume
56.0¢ 56.0¢ 55.0¢ $61.03K 109.0K

Buyers (Bids)

No. Vol. Price($)
1 12045 55.0¢
 

Sellers (Offers)

Price($) Vol. No.
56.5¢ 10000 1
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Last trade - 15.16pm 26/07/2024 (20 minute delay) ?
RKN (ASX) Chart
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