Good points here. RFL looks cheap for next year, as soon as the market sees this it will get priced in. It should be on a pe of 15 for next year considering their market leading brands with sticky earnings risk to the upside. I agree that half yearly's or a possible acquisition could be the catalyst going forward. I wouldn't be surprised to see $0.35 short term. As investors we need to be looking at next years earnings now as the market is always forward looking.
RFL Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held