valuation?, page-11

Hello spindle, for a more complete understanding of RQL have a look at the most recent announcement which is a release of the investor presentation Jamie Cullen will be giving at the Macquarie Emerging Leaders Conference tomorrow.

Roger Montgomery is just about the smartest investor in Australia although trying to come up with a value for a company (especially one so early on in its growth phase as RQL) on ROE and RR alone is akin to playing tennis only using your backhand.

To get a more accurate determination of any businesses' fair value all metrics (quantitative and qualitative) have to be taken into consideration and then you must include your own estimate of the company's ability to execute its growth strategy and what that growth market is.

This investor presentation is a standout and Jamie Cullen is one of the finest CEO's in Australia.