re: question just read hartleys review - dont really like the sound of things. most likely lost of GE as a loyal customer (since 2001) and new client probably St George, they think the loss of GE will partially be offset by new client. numbers look good though. Also raised the concern that if Cargill walks, RPC is doomed. Its cash reserves are down and bank loan facility drawn almost to the max. the 9.7mil NPAT was artificially boosted by play with numbers. (sorry guys im not an accountant - please sign up for hartley and check the report on RPC) for those of u who do, please report back if u read it differently. im gonna wait till more news come out. the recent selloff could just be speculative pessimists, but i think its prob insiders bailing (or both). i still hold a long term buy on RPC though. just my thoughts!
anyone looking at OEQ?
RPC
repcol limited
donut, page-4
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