RCI rocklands richfield limited

It is wonderful, isn't it?Ugo Cario was asked to leave, or...

  1. 3,731 Posts.
    It is wonderful, isn't it?

    Ugo Cario was asked to leave, or resign, who cares?


    He helped to sell RCI to CCI, and lost his job, ironic or what?

    Pretty good presentation. It is making $1m per month, not bad at all for a company with $33m market cap, and talking about after expansion in China, annual profit at $36m, more than current market capital.

    Of course, $62m capex might cause a bit of problem. But the internally generated case flow plus a bit of debt can get the job done.


    Agree fully, undervalued. And there might be some changes since Mr Wu is in promotion mode.
 
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