REH 0.79% $28.10 reece limited

Note I have probably overestimated just how much TPG will make...

  1. 530 Posts.
    lightbulb Created with Sketch. 86
    Note I have probably overestimated just how much TPG will make from the Inghams deal as the investment banks that provided funding to the tune of 700M will want their cut. Still no matter how you look at it, this has been a feeding frenzy for private equity and investment banks.

    On Reece………. I am not for a moment suggesting Reece will be taken over by private equity. However, I think Reece has many of the attributes that private equity likes: plenty of valuable property that can be sold, a small debt loading that can be loaded up to the maximum possible and conservative accounting which can be made less conservative. Luckily from the share registry it appears as if Reece seems to have some succession planning in place? I would love to own Reece at a slightly lower price!

    Anyway would be great to see what you guys think with your greater experience and better understanding of Reece.
 
watchlist Created with Sketch. Add REH (ASX) to my watchlist
(20min delay)
Last
$28.10
Change
0.220(0.79%)
Mkt cap ! $18.15B
Open High Low Value Volume
$28.20 $28.20 $27.97 $12.71M 452.4K

Buyers (Bids)

No. Vol. Price($)
3 3908 $28.07
 

Sellers (Offers)

Price($) Vol. No.
$28.14 18 1
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$28.12
  Change
0.220 ( 1.22 %)
Open High Low Volume
$28.11 $28.17 $27.98 171495
Last updated 15.59pm 28/03/2024 ?
REH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.