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
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.558M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.7¢ | $55.03K | 3.033M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 399907 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 122299 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 399907 | 0.018 |
6 | 1048214 | 0.017 |
9 | 1650154 | 0.016 |
2 | 166666 | 0.015 |
1 | 1000000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 122299 | 3 |
0.020 | 959157 | 6 |
0.021 | 200000 | 1 |
0.022 | 741423 | 6 |
0.023 | 1889065 | 5 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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