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RFG

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1.43%

6.9¢ retail food group limited

I did what you did with isentia with bellamy milk, I bought 6.02...

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aniesbaswedan

6,681 Posts.

1545

25/06/17

07:30

Post #: 25474281
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Originally posted by savvyinvestor ↑

agree.
found some support on friday which is a good sign.
i think the question we have to ask ourselves is:
1) where do you think the share price will be in 2-3yrs? (ans = i think likely above 6.00 based on modest single digit underlying eps growth)
2) are the growth avenues still on track? (ans = yes the international, coffee and for services areas are intact)
3) is the divi under threat in a major way? (ans = no, could be a small drop but its over 10% fully franked at moment so thats already factored in)
4) is management credible and stable? (ans = yes i think, although it would be nice to know the reasons for the recent ceo departure to be sure, after a 20yr tenure)
5) is the broader industry under threat (ans = no)

i don't think rfg is going to go up much soon but I'm not going to sell mine in a fire sale at a bargain.
i made that mistake with isentia when i bought in low 2s then again at 1.90 and sold most at 1.60ish at the height of the negativity. within 3-4months its already back to 2.00.

so i think all holders should take a chill pill and sit back and wait and see what the full year report and outlook brings.

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I did what you did with isentia with bellamy milk, I bought 6.02 sold at 5.65 and now it is at 7.

RFG Price at posting: $4.67 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.9¢		Change -0.001(1.43%)		Mkt cap ! $171.9M

Open	High	Low	Value	Volume
7.0¢	7.1¢	6.8¢	$126.4K	1.855M

Buyers (Bids)

No.	Vol.	Price($)
1	37610	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	83845	1

View Market Depth

No.	Vol.	Price($)
1	37610	0.068
4	129854	0.067
8	471518	0.066
9	1228314	0.065
1	39065	0.064

Price($)	Vol.	No.
0.069	83845	1
0.071	14085	1
0.072	303454	4
0.073	639225	4
0.074	1577125	4

Last trade - 15.57pm 09/09/2024 (20 minute delay)

RFG (ASX) Chart