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RFG up 4% today, looking at the thin sell side we might have an upswing soon[]
This is my largest holding in my portfolio, PE is still 11 compared to sector average of 18 so we have some room left for improvement!
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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Great pick Robbo.
I'm guessing that's Halebop buying.
quote: Originally posted by Halebop
I'm happier to wait on this one. If I'm wrong buying at 90 cents on the way up is a small price to pay versus buying at 80 on their way down to 60.
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For non-believers, ie people that dont think RFG will get re-rated to a PE in line with its peers, have a read of this very juicy article from their website: http://www.rfg.com.au/rfg/investors/media_centre/
Download the "Brutal Honesty and Transparency With Franchisees" PDF from the above link.
cheers
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RFG hits $1, sell side almost none existent! YAY[]
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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rfg/ITE--
Tommy, ohyme, One up etc etc etc ...
..see ite post
Regards,
Robbo
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Hahaha robbo, hope you have a massive fridge for those crownies mate
RFG up 16% now, this is crazy! Why the sudden interest? Is it halebop going nuts after 90c and becoming a substantial shareholder?!
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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Not me. I dipped my toes a couple of days ago with a partially filled order but haven't been following the market for the last few days and now find myself somewhat priced beyond my tolerance. Given the small purchase to date I'm not sure I could manage more than a small beer for Robbo!
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