RFG 2.99% 6.5¢ retail food group limited

Rfg future?, page-113

  1. 334 Posts.
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    I have sold a part already but I kept a part in as well at the end of the day I don't have a crystal ball .
    It could be possible that investment funds start to buy aggressively at $1.80 because the EPS at $1.80
    is of course chocking good .
    When the banks extended the covenants with RFG they looked at the ESP and not the SP and came to the
    conclusion " looks very healthy "
    The SP is often misleading in an irrational market were people sell out of panic, overreact and make irrational decision etc..
    There for its better to look at the EPS the SP makes no sense right now to much emotions involved .
 
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