I'm not sure its even worth 35 cents with no profit growth over 3-4 years. Maybe a PE of 10 in this low rate environment gives a value of 25 cents and a 6-7% yield...if they can actually get some runs on the board then maybe they are going to be worth 40-50 cents in a couple of years but I've just wasted an hour figuring out this is a dog.
Still on track for 25 cents but the idea of a low rate environment is now shifting also...
New low today --- downtrend continues with lower lows --- no faint heartedness with this .... just a steady predictable grind down
Amazing this was 170 once and hung around a buck before they needed cash and had to beg at 52 cents
Never mind .... downtrend probably end in the 20's
Any support backing that speculation, would be unlikely to head anywhere near those levels, maybe we check in 6 months to check your accuracy of assessment. Failing World war 3 that is. But the entire market will tank if WWIII actually ignites to any severe recourse.
Any support backing that speculation, would be unlikely to head anywhere near those levels, maybe we check in 6 months to check your accuracy of assessment. Failing World war 3 that is. But the entire market will tank if WWIII actually ignites to any severe recourse.
Book value 26 cents per share so trading at 1.5 times that
Even the likes of SUM aren’t valued that highly these days ……and ARV and OCA are below Book Value
So unless one thinks RAD is really fantastic it’s hard to see why it should be worth much more than 26 cents, if that
That’s my view for what’s it worth ….and the market seems to sendingbthe price down to those levels.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Charts and techs finally starting to show Rad may have hit its bottom end and is back on an upward trajectory currently. Got a bit of steady gruelling climbing bit by bit to do heading back to reach previous CR price. Not large sell volumes in the works to push up through once the train starts moving. Fact remains we have a rapidly ageing population and demand for Retirement villages etc will only grow. So the business model is still a sound investment. Many investors will likely soon jump back on more secure investments such as aged care (as the fizz has seemed to have maxed out on pumped up tech). Taking some of their profits and investing it in a company that we know there will be more and more demand for each year forth as our aged population % grows.
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Originally Posted by Arbroath
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