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
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $33.15M |
Open | High | Low | Value | Volume |
11.0¢ | 12.0¢ | 11.0¢ | $489.6K | 4.193M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 986349 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 558600 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 986349 | 0.110 |
14 | 1115933 | 0.105 |
13 | 1506151 | 0.100 |
1 | 5051 | 0.099 |
1 | 10204 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 558600 | 2 |
0.120 | 1101137 | 14 |
0.125 | 813038 | 14 |
0.130 | 330073 | 14 |
0.135 | 900505 | 7 |
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