Into more respectable price range after taking a beating over past few weeks, probably on back of positive overseas sentiment last night for Chip making companies.
Will be an interesting ASM in a months time. Board will have to face the wrath of long term suffering shareholders.
The Board in its various guises has a very very long history of 'sympathizing' with and then ignoring the wrath of long suffering shareholders.
You could pull out any speech from the last decade and more and find the same old nonsense repeated year after year.
The recent promise to commence dividends subject to certain metrics, followed by a subsequent backtrack when the metrics were achieved has destroyed any shread of credibility imo.
The Board in its various guises has a very very long history of 'sympathizing' with and then ignoring the wrath of long suffering shareholders.
You could pull out any speech from the last decade and more and find the same old nonsense repeated year after year.
The recent promise to commence dividends subject to certain metrics, followed by a subsequent backtrack when the metrics were achieved has destroyed any shread of credibility imo.
New CEO and Chairman April this year.
I get looking in the past.. but also need to give the new guys at the helm a go.
Exciting space RAK is operating in with a rock solid balance sheet. THey are in growth mode and trading on a 9.5 price earnings multiple. Even if you back out the entire extra profits from the tcxo chip shortage it is trading on a 15 P/E.
New CEO and Chairman April this year.
I get looking in the past.. but also need to give the new guys at the helm a go.
Exciting space RAK is operating in with a rock solid balance sheet. THey are in growth mode and trading on a 9.5 price earnings multiple. Even if you back out the entire extra profits from the tcxo chip shortage it is trading on a 15 P/E.
And Samsung result out overnight re-iterated Data Centre growth. The Macro environment for the products RAK is involved in still seems solid...
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