RXP 5.77% 27.5¢ rxp services limited

> DSD < GOOD on you for the positive reaction and see the result...

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  1. 446 Posts.
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    > 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.
 
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Currently unlisted public company.

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