RFL 0.00% 16.5¢ rubik financial limited

it's a mystery, page-8

  1. 7,719 Posts.
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    I'm sorry - but I can see no reason to pay up for this stock. Management haven't shown that they are achieving synergies or scale benefits via these acquisitions. The banking results are terrible, and they have been in that game for a long time. I think management need to demonstrate that they can add value to the acquisitions or else this becomes a high risk stock, with more likelihood of being a disaster than a success. They are paying up for these would be stallions, but ending up with a pile of horsemeat.

    Lucky there are no thumbs down any more - lol. I think you guys are dreaming if you support this company any further without seeing positive results, and without seeing any midas touch. They might pull it off - but that appears against the odds to me.

    All IMO - I've longed this before for trades, would have shorted it at the open if I could have.
    Last edited by CaptainBarnacles: 29/08/14
 
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