I am with jord@n and thunderhead here. Volatility in share prices for small and medium sized stocks is here to stay, thanks to the shorting plays. RFG is also my biggest holding, but I have no fear of the currently declining share price, as I know the company well, and know it is great value. I estimate the current year P/E is around 14, which is cheap for a company with the proven growth history (10 year average EPS growth of 16.2%) and the growth outlook of this one (guidance of 20% NPAT growth). There are so many levers for growth now (particularly in coffee, Hudson Pacific and master franchises), I can't see growth declining much in future years.
buying RFG at $4.35, page-191
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Last
6.6¢ |
Change
-0.001(1.49%) |
Mkt cap ! $164.4M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.7¢ | 6.5¢ | $243.4K | 3.700M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 345378 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 483581 | 2 |
View Market Depth
| Last trade - 10.46am 01/10/2024 (20 minute delay) ? |
| RFG (ASX) Chart |