RXP 5.77% 27.5¢ rxp services limited

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  1. 262 Posts.
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    I wouldn't be concerned about the headcount - they grew from 469 at June 2015 to 779 in June 2016 so there are bound to be some hires that don't work out or contracts/projects lost or finished.

    THe employees still there are the ones that are driving the revenue growth to 26% which will carry over for this 2nd half.

    Good things ahead I'm sure and at at these levels it's good buying.

    2nd half dividend will be 2.5c at least at a payout ratio of around 50%, leaving plenty of firepower for growth, debt reduction etc.
 
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