RNT 0.00% 2.3¢ rent.com.au limited

Finally closes above 200MA, page-18

  1. 503 Posts.
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    A single-month result is not indicative of long-term future results. It’s too short of a time period. Further, it sounds like September was a great result since no mention of other months. My extrapolations are based on reported quarterly results/growth.

    It is only a projection and I don’t have a crystal ball to gaze into the future. I hold RNT (have for a long time) and believe in the company and Bader. Even if my projections play out (or close to it), it’s a very significant improvement on last year. Yes, it is likely possible to hit break-even within a single month if the stars align, however I’m not confident in the company continuously running at break-even in FY18. Maybe FY19...
 
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