RXP 5.77% 27.5¢ rxp services limited

I asked for my own post to be deleted as soon as I realised RXP...

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  1. DSD
    15,757 Posts.
    I asked for my own post to be deleted as soon as I realised RXP might open lower than i anticipated i.e. around 77c. But it jumped juuust before the open. 82c day's high with huge vols. Maybe small-cap funds are climbing in. Here is my deleted post:

    Another fantastic result from a small-cap company in the IT sector.

    Rev up 61%.
    Underlying EBITDA up 71%
    U. EBITDA margin increased by 33% to 14.3%. That's a big jump!
    OCF more than doubled.
    NPAT up 131%!
    EPS of 7.64 cents up a MASSIVE 127%

    Pleny cash on balance sheet.
    Almost zero debt.

    Even better the outlook statement sez:
    'Expect solid OCF to continue in FY17'
    Revenue to grow by 10-15% in both FY17 AND FY18'.
    And for me the key is: Sector (i.e. macro) "remains VERY strong".

    Brilliant little company kicking plenty goals in its (growing) niche. Did well in IH16 and even better in 2H16.... with more to come.
 
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Currently unlisted public company.

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