Even with the 40% increase in share price since I first posted here I think RDY still looks like a good investment. Everything ticking along nicely, Open Office performing well with growth in the underlying business. Koyfin says this is valued around 11x forward EBITDA - I think there's room for significant multiple expansion there vs other SaaS companies and see no reason why EBITDA won't continue to grow at a decent clip over time. I'm also not convinced Koyfin is accounting for a full year of Open Office rev/profit.
Can't believe how quiet Hotcopper is for RDY. Clearly nobody is looking at it and my money is on that changing eventually.
Why I like RDY, page-9
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RDY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.90 |
Change
-0.020(0.68%) |
Mkt cap ! $348.6M | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.98 | $2.90 | $1.758M | 606.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 973 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| RDY (ASX) Chart |