RIN rinker group limited

maybe rinker aint a stinker

  1. 108 Posts.
    Here's a thought:

    1. US building/housing growth is in decline
    2. Hurricane recovery in US overstated
    3. Rising A$ will reduce US$ earnings
    4. Rising i will increase costs
    5. Aust building is in decline

    * Perhaps earnings for RIN is falling and market is adjusting price.
    * Perhaps EPS will fall, thus pushing up P/E, making RIN not that cheap.

    While I agree RIN has been slaughtered lately on SP, just maybe the market is repricing it correctly (and maybe people should accept that the SP of $12-$15 is where it should be and adjust their expectations).

    Just a thought.

 
watchlist Created with Sketch. Add RIN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.