> DSD < GOOD on you for the positive reaction and see the result for what it is.
Last night I have flicked through the financial history of RXP, floated in Nov/2011
FY 12 had revenue of 12 mil . EPS 1.2 C no DIV total shares 46 mil.
5 years later FY17 revenue 140 mil, EPS 8.3 c (700% growth) DIV 4.5 c ffr. shares 140mil.
i like the vision of the company moving away from only IT and embracing the growth potential in
Digital services.
I have noticed that CEO . Ross Fielding has a BEng qualification may explain few things about the comp approach. good to see he has over 8 mil shares.
with EPS at 8.3 c . PE is around X 10 multiple, very low IMO . no rush hopefully the day will come when RXP will travell on higher multiples.
RXP growth and involvement in the booming industries of IT SOLUTIONS & DIGITAL SERVICES.
allows me the comfort and confidence to invest a large proportion of my portfolio.
I will definitely invest more as share price decline. with 3.0 cents ffr coming soon i be happy with a reward of 9k, never underestimate the power of Dividend, in the future, they can start buying some shares back that
will be nice. RXP congratulation on a good year and great result good luck with the work.
RXP Price at posting:
85.5¢ Sentiment: Buy Disclosure: Held