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
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