RXP 5.77% 27.5¢ rxp services limited

From the AGM preso The outlook: Sector remains strong with...

  1. 262 Posts.
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    From the AGM preso
    The outlook:
    Sector remains strong with digital solutions/services driving
    convergence (consultancies <
    -
    > digital agencies) and therefore new

    opportunities
    The Works acquisition is supporting our growth objectives
    Expect growth in Digital Services revenue to continue, with overall
    blended EBITDA margin target of 15%
    Maintain progressive dividend policy

    This was the outlook from the AGM - pretty opaque, no revenue guidance which they have provided in the past. Overall the fundamentals look fine but I am already fully invested in this to consider buying anymore.
    The selling is a concern with reasonable volumes going through. Mkt Cap is nearing $100m which could see further selling if breached by fund managers.

    From where we were 12 months ago this stock has been disappointing, and I think the employment vacancies are a bit of a furphy. Employment numbers have decreased as the work mix has changed.


 
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Currently unlisted public company.

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