Expect RCR to trade high on the back of a fairly pleasing full...

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    Expect RCR to trade high on the back of a fairly pleasing full year report.
    (refer ASX Announcement)
    Positives:
    1. Gearing drops from 245 to 21 %
    2. Revenue up from $518m to 4589m
    3. Order Book up from $170m to $245m
    4. Payment of 2.5 cent final dividend
    5. Introduction of DRP scheme
    4. Also look good on a chart
    Negatives;
    1. Drop in profits of 22%
    Market could start to re rate this stock in the short term. Worth a little research.
    Regards
    Buffett
 
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