ATG 0.00% 43.0¢ articore group limited

GoldmanSachs - Analyst Report - 4 April 2020

  1. 2,651 Posts.
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    I’ve had my eye on RBL for a while and have just dipped my toes in the water. Notwithstanding it’s products fall within consumer discretionary spending which is really hard to get a read on at the moment, it seems oversold given it’s pure online, has a strong cash position and the products sold via its platform are small beer in $ terms so drop off in sales may not be as bad as people think
  2. AJ7
    15,693 Posts.
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    it is taking too long for accumulation & this lil beauty is going to explode any day..at least 50% on explosion & I have about 70k shares with me at an average of 0.54 & I am looking for a bagger here.

    the reason I don’t like GS report because it is underselling RBL based on speculation & negative interpretation of investor call where online business will be much less impacted by Covid. All figures will be out on 28 April & there will be significant re rating coming up IMO
 
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