RXP 5.77% 27.5¢ rxp services limited

I will be a buyer today if SP drops, i see it as a great chance...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 446 Posts.
    lightbulb Created with Sketch. 98
    I will be a buyer today if SP drops, i see it as a great chance to accumulate.

    The share price has already dropped to accommodate much worse news.

    for me, it's a bit of a relief as they have spoken about existing some low margin contract.
    In this highly competitive cut-throat environment.

    overall they are still growing revenue and increasing profit margins, yet they have gone down from $ 1.04 to 68 c, a drop of 35%, with a Div of 4.5 'c a year (franked) yield of 6.5% and will probably go up this year.

    They have shifted a gear by purchasing " the work" and moving into the future of digital services that enjoy higher margins and secure clientele, therefore, stabilizing earnings.

    Yes, management has been disappointing in earnings predictability, they tend to err on the upside and that creates a mistrust from investors. one day they may learn to promise low and achieve high.

    I will be buying today if prices drop, i believe in this company.
 
watchlist Created with Sketch. Add RXP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.