Where are the full Financials for past years with RAD ?
It's not as if there aren't any Financials produced for their EOY as they have been going for some time
It's an abismally hopeless showing on NZX's part to even allow RAD to be listed without past Financials
(unaudited ; adjusted or otherwise) being published IMO
Furthermore RAD have duty to keep the market informed & provision of past Financial Information
(not the scant coverage filed) would appear to be an integral on their even becoming listed
Last edited by nztx; 11-12-2020 at 10:34 AM.
Reason: add more
Agreed. On a very brief look there was no way to determine what their growth rate in underlying eps had been.
Being vastly a care model I've assumed their growth rate is negligible.
I reiterate my warning that this is being floated on metrics that are well and truly out of whack with other listed companies in this sector such as ARV and OCA and as an unproven business that's dramatically smaller than the incumbent comparative companies mentioned I believe their metrics should be at a material discount to those of ARV and OCA.
To price this anything above 25 cents is scandalous in my opinion and begs the question on whether the directors received quality advice on this float or whether they have massively overrated their own abilities.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Agreed. On a very brief look there was no way to determine what their growth rate in underlying eps had been.
Being vastly a care model I've assumed their growth rate is negligible.
I reiterate my warning that this is being floated on metrics that are well and truly out of whack with other listed companies in this sector such as ARV and OCA and as an unproven business that's dramatically smaller than the incumbent comparative companies mentioned I believe their metrics should be at a material discount to those of ARV and OCA.
To price this anything above 25 cents is scandalous in my opinion and begs the question on whether the directors received quality advice on this float or whether they have massively overrated their own abilities.
OCA accounts get messy with just one leased village ...Radius accounts will be a minefield with most villages leased.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
To price this anything above 25 cents is scandalous in my opinion and begs the question on whether the directors received quality advice on this float or whether they have massively overrated their own abilities.
I reiterate my warning that this is being floated on metrics that are well and truly out of whack with other listed companies in this sector such as ARV and OCA and as an unproven business that's dramatically smaller than the incumbent comparative companies mentioned I believe their metrics should be at a material discount to those of ARV and OCA.
Long time reader, first time posting
Thanks for all the work posted on this site I have found it very useful. I just wanted to share some gratitude to Beagle, and others.
It really helps to have other opinions when forming my own decision on whether to buy or sell
With no new shares issued at IPO it looks more like an exit vehicle for insiders. If they’re not selling there’ll be no liquidity. Hard to see how they can be excited about new opportunities with no new capital.
Somethings not right with this, my bs senses are on overload
Unbelievable, nice exit for a few inside holders, as twice IPO (which beagle reckons was over 3x its worth). Is this really value at $277m market cap! Good grief.
Reply With Quote
Originally Posted by Jantar
Bookmarks