REH 2.78% $24.38 reece limited

Has REH peaked?, page-74

  1. 5,760 Posts.
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    my goodness-speak about humble pie.

    my only excuse is that i was so upset with negative postings that i looked up the wrong company chart .

    i now agree with your sentiments wholeheartedly.

    ps- i myself am not a punter as the name suggests, but something that could accrue my wealth at 19% virtually without risk, sounds very tempting.

    what concerns me though is when i started posting here a short while ago, the SP was around $40 with virtually no volume.
    the acquisition was finalized after that and the SP is now 8% up.

    posters here were also concerned about issues which created self doubt and i was not familiar with REH, so it made me raise an eyebrow.

    ps- would you consider Bunnings a future threat ? they could easily extend their plumbing offerings and at discount prices?

    i must admit the Intelligent Investor had humongous praise for the REH business model, but they could never recommend it as a 'Buy" because it was one of those shares that basically never really dipped to their elusive 'Buy' zone.

    well, that's it from me-Crazypunter was put in his place, but then again, this could be just the start of a new 'financial' awakening.
    i hope so!

    cheers crazypunter
    Last edited by crazypunter: 25/10/17
 
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$24.38
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$24.09 $24.38 $23.83 $11.28M 464.6K

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4 11498 $24.37
 

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Price($) Vol. No.
$24.43 1975 3
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