RIC 1.08% $2.80 ridley corporation limited

Magic, RIC also has large property assets that they looking to...

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  1. 215 Posts.
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    Magic,

    RIC also has large property assets that they looking to sell. IMO SP barely reflects these. They have a diversified business across practically the whole agg sector, and have managed to grow at 20% while making investments building for the long term.

    If you're looking for bio-tech like returns, then you won't find them with RIC. But I would be very happy with 15% SP increase along with a 2-3% FF dividend.

    BTW if you are worried about brokerage and tax then I suggest that you keep your money in the bank Won't have to pay much of either there.
 
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$2.80
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0.030(1.08%)
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