RCI 0.00% 52.0¢ rocklands richfield limited

benny buying up big, page-3

  1. 7,772 Posts.
    lightbulb Created with Sketch. 32
    the comapny coke operation is loosing money and benny keeps buying

    the chinese are dampening property sector growth and rationalising and making more efficient their high energy intensive industries = buy in gloom

    industry rationalisation coming and benny's plant meets govt requirements, so they will still be there on the other side of the rationalisation
    "China has ordered more than 2,000 companies in 18 industries including cement, coking, iron, paper and dyeing to shut outdated manufacturing capacity by the end of September, state media said on Monday."
    http://www.ibtimes.com/articles/41773/20100809/china-orders-2-000-firms-to-shut-old-capacity.htm

    bye bye competition = profits will be back
    very oversold and well supported here by benny's buying

 
watchlist Created with Sketch. Add RCI (ASX) to my watchlist

Currently unlisted public company.

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