RIC 0.72% $2.79 ridley corporation limited

Ann: Ridley Delivers a 20% Uplift In Earnings, page-9

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  1. 16,815 Posts.
    Whampoa

    It is a great result that is for sure. How many companies this size can boast a 20% increase??

    Unfortunately the SP is not reflecting the strength.
    Perhaps it is the China Syndrome killing the SP?
    Im just guessing at that because I cant see any other reason for such a sharp SP fall.
    The continuing El-Nino has now been tagged as the Godzilla El-Nino.
    With the drought continuing and possibly worsening in QLD and NSW I can only say this will probably feed into more business for the stock feed business. I hate to think of it like that but that is just how I see it.

    I got out of the market when I saw this latest down turn coming. Im just a little bit player so I don't affect anything. Been waiting to buy back in but the markets are too scary at the moment so I will sit on the fence like a hated crow.
 
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