Short Term Trading Weekend Lounge: 15 - 17 July, page-328

  1. 2,547 Posts.
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    STTCOMP RGP, FA Long

    Refresh Group Limited

    Shares 112,000,000
    Market Cap $8,050,000 @ 7.2c
    Cash ~$900,000
    Divi 0.001 (yep.... as low as you can go)


    Australia's only pure-play listed bottled water / distilled water play (the like of CCA dabble in bottled water - but Refresh also supplies industry with bulk distilled water etc.... and are an independant)

    Looking to do further acquisitions and possibly do some China export

    Quarterly due within 2 weeks - hoping it shows some overdue profits and coming off an extended hot summer

    Hard to acquire a decent portion - though one manger has dumped a few over last 6 months

    Ultra-illiquid - caution required

    One of the most boring stocks i have ever owned

    RGP Brexit volatility = zero.... no trades.... dead boring. Safe? No. Boring? Yes.

    Sell side shrunk considerably a week back.... though neither Buy or Sell stack is anything but frightfully ugly.... and no real indicator of anything. some folks tend to read into visible orders though.... so worth a mention.

    Could collapse / do a DSH flunk out in a heartbeat... though not highly likely as they have been listed since 1997.

    A great stock for you all to invest in to help me improve my net wealth.

    Also doubles as a BBQ "conversation starter" stock. i mean.... how much more exciting than distilled water does it really get?

    "The China-Australia Agribusiness Trade and Investment conference, held in Australia earlier this year, heard Bank of China executive vice-president Gao Yingxin signpost an increasing desire for Australian products — particularly bottled water, although dairy, beef and wine were also very popular"

    http://ausfoodnews.com.au/2016/07/15/growing-bottled-water-market-still-needs-one-thing.html

    bsh
    Last edited by bigshareshead: formatting.... 17/07/16
 
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