RXP 5.77% 27.5¢ rxp services limited

Hi , Yes its difficult to know what they want to do with that...

  1. 703 Posts.
    Hi ,
    Yes its difficult to know what they want to do with that cash. But they are so asset light with a huge amount in goodwill that having that cash makes the balance sheet look better , in view of the fact that payable section is heavy in comparison
    I want to see positive operating cash flow quarter on quarter on increased sales ...a simple measure i will be judging them on and my decision to hold will be based on that. I am not a great fan of companies based on this model (acquisition and integration), but am relying on fielding's expertise to achieve integration successfully.
    I have been happy with their previous report.
 
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Currently unlisted public company.

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