I hear you Murky, but if, as you say, there is "less positive sentiment about ROC than it's peers" it is not because you or I or anyone else has burnt the midnight oil more than anyone else, being more diligent and clever than the market as a whole in pouring over every last detail of ROC'S fundamentals, it is simply because there is less to be positive about than it's peers, because the "market does not lie."
I agree with you on acquisitions. They are a pet hate of mine in general, and more often than not are carried out with a direct correlation to an over inflated ego of the board concerned, rather than any savvy business acumen that profits the Company concerned further down the road.
Which brings me to the board of ROC.
Most on here have heaped undiluted praise on there "solid, conservative understated and steady management" at the helm, and yet they themselves are making it known that they are in the market for an imminent acquisition.
Now I have not been the board's biggest fan, but to date I have not noticed much in the way of over inflated ego's either, so it has to beg the question regarding an imminent acquisition: Why?
My own take on that question is that they must deem it necessary, and that was and is the worry for me here.
ROC Price at posting:
43.0¢ Sentiment: None Disclosure: Not Held
