RPC repcol limited

Most of those 33Years it only chased Debt. When it went public...

  1. rab
    4,698 Posts.
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    Most of those 33Years it only chased Debt. When it went public recently 3 or 4 years ago it changed its concept to outright buying of debt and has not done very well.
    It separated from its JV partner.or did they leave Repcol.Its CEO resigned or was sacked.Its revenue didn't increase last year but its profit shot up???? and now its crashed.
    HAVE made profits. HAVE paid dividends. Have,as in the past tense. Yep, i HAVE participated in Repcol dividends, Past tense.
    Sorry Intell11 i slipped out of this company a few months ago at average 49c and kicked myself when it hit 60c incredulous as i was.I could not believe the buyers at that price. The warning signs were there.
    I can't see the positive spin.Its a punt that could pay off. Its stabalised at 14/15c.
    RAB
 
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