RRP realm resources limited

Been trying to details, so as to quantify a fair price, without...

  1. 1,785 Posts.
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    Been trying to details, so as to quantify a fair price, without guessing/dreaming.

    One analysis forecast 2018 PE at 2.9.

    When comparing Price to Earnings ratios of others on the ASX,
    with similar operations as RRP, 90 cents is heavily discounted.

    Obviously, other operations are trading, so their SP and PE have a premium
    built in, as they are not constrained by all this nonsense.

    As a long sufferring holder, I would love $10, even $2, but it is just not
    going to happen. That's wishing, not looking at the fundementals.

    Based on that, my fair value "guesstimate" is $1.32.
    If RRP was trading, that would be higher.

    So, after doing some research, I will not accept 90 cents.
    I may lose the investment because of others greed, but at least
    I will gain the satisfaction of holding firm on my principals.

    GLTAH.
 
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