Terrible business.
Very low ROE
They cant control costs
basically its a turnaround when you have to replace your CEO to ek out EPS growth through cost control... eww
And of course with tiny margin's so much risk any stuff up will send you backwards.
When you consider how many better businesses there are you can buy right now in the Australian MTS sector why own RCR?
WOR, MND much superior businesses - and smaller caps FGE & ANG also much better businesses with much better growth prospects.
Cheers
Sauce
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