Not much out there on RCR re analyst views and coverage! From a quick fundamentals view, we have:
Before it's a buy, I'd like to answer:
- FY17 P/E 15 but forward FY19 P/E 9 on the back of huge FY17 earnings growth (200%), then 50% FY18 and 20% FY19
- Mickey mouse debt levels
- Low dividend yield so should be able to fund growth via cash inflows
- High intangibles and goodwill ($200m or 40% of total assets) risky but representative of a growth company
- Sector/company primed for growth but risk re CW Government policy shifts given volatile politics atm.
If so, RCR looks like a good MT opportunity - cheap based on FY19 projections - target SP of $5.40 on a P/E of 15...and a small 2% to 2.5% dividend going forward is the proverbial cherry on top!
- Can management handle this growth adequately?
- Are the forecasts likely to be met or exceeded?
Views or insights into this??
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Last
4.1¢ |
Change
-0.001(2.38%) |
Mkt cap ! $12.28M |
Open | High | Low | Value | Volume |
4.1¢ | 4.3¢ | 4.0¢ | $60.44K | 1.476M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 58297 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 128978 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 58297 | 0.041 |
5 | 255525 | 0.040 |
5 | 664503 | 0.039 |
1 | 70000 | 0.038 |
3 | 258918 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 128978 | 3 |
0.043 | 558450 | 2 |
0.044 | 327543 | 3 |
0.045 | 185000 | 5 |
0.046 | 424140 | 4 |
Last trade - 15.04pm 19/08/2024 (20 minute delay) ? |
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