Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

I remember seeing it somewhere, don't remember the figure.

Check the annual report, see their website, check earlier msgs in this thread.

Hi
lots of activity this morning did it get write up over weekend or is this just a continuation from last weeks momentum either way more money in my pocket this is looking like 20/25p on the cards soon :-))

This share spiked at 365.66 in 2000 and finished around the 1.00 mark at the end of 2002. With the rise in internet shopping and broadband taking such a hold, it is no wonder there is such speculation with this company. The potential for growth seems very good. Does anybody have an idea of the PE ratio of this company within the sector at todays prices. Many thanks in advance.

Washlander,

some quick and dirty figures (all based on share price of 17.75p)

2002 profit was 2.02m with an EPS of 0.48p per share and a historical PE of 37
2003 profit - analysts consensus forecast a profit of 4.7m with an EPS of 1.14p per share and a forward PE ratio of 15.6.
However, 21st Nov trading statement said second half profits would be higher than first half profits which were 2.8m.
hence on a profit of 5.6m, EPS of 1.36p and a PE ratio of 13.1
on a profit of 6m, EPS is 1.46p and a PE Ratio of 12.2
on a profit of 7m (now I'm dreaming), EPS is 1.70p and a PE ratio of 10.5

If you take the worse case scenario of a profit of 4.7m then an EPS of 15.6 doesn't look overly demanding for a company with the growth potential of RTD. My personal opinion is that profits will be between 5.5m and 6.0m (based on the nov update) giving a PE of 12 - 13 which I believe undervalues the company.

Hence I still expect to see further increases once the results are announced.
Normal caveats apply - all IMHO and DYOR if you are going to buy/sell these shares

Thanks for that Fundamentalist

???lot uncertainty? value this share today near 8mln traded 3.6/1 buy/sell????...:-((

Thanks to all in this thread for keeping me in this one for so long but I sold this am. Its an interesting stock tho' and I will no doubt buy again - knowing my luck at higher prices !

Caleydog

Out of interest, why did you choose to sell today? I am holding this for the long term but it would be interesting to know the rationale behind any sales.

Thank you fundamentalist for the info. I bought into the stock again today, topping up my shares. The amount held in this stock amounts to about a third of the total amount of cash for my portfolio. I agree with you that there is still a long way to go over the next few years as far as growth is concerned. Where I afford,I will still be buying in.

4 time as many buys as sells today!

I'm staying in.

There is a long way to go yet.

BTW have you seen CNE up 40%. Much more to come with such a big oil strike.

Hi All

My last posting reflected on why the share price had not inflated post interims in September 2003.

Back in September 'Jenty' commented the following update on the following website:

www.thisismoney.com/sections/section.asp?story=67648&sec=2&sections=4

Posted interims, a number of financial players evaluated RTD was on the path of sustainable recovery. Oriel Securities suggested 4.3 million full profit.

@ 17.5p RTD is valued at 49.5 million. With 280 millions share in circulation and projected profit of 4.3 million, makes p/e of 11. Still very very cheap.

Lets factor in recent news, Directors buying and upbeat statements and express this as respectable p/e of 20, this would rate the share price at 28p. I believe 28p is a target price before the release of full year resultsd in March.

As for 2004, personally I believe profits will approach 8 million in 2004/5 which suggests target price of 48p. This values RTD at 137 million with multiple of 17.

This share ramains a big buy.

rasool....thanks :-)))))

Rasool,

Where do you get profits of 8m from. In my earlier calcs I worked on profits of 5.5m to 6m as expected on the basis of the Nov trading statement where they said that profits would be slightly higher than the first half (which were 2.8m). I also did the calcs on 7m but thought that was dreaming so personally I think 8m is overly optomistic (not that I'd be unhappy). Do you have any reasons to substantiate 8m?

.

it said "significantly higher" not slightly higher. So i could assume 7 or 8 million too

5.6 Mil is the roundabput figure according to broker consensus

mornin all :-))

and a good morning it is. this consistent move upward keeps me smiling through out the day. just passed a resistance so looking good.

javid

javid...sorry not been in touch but, living in South Africa where its mid- summer, friends and relations descending like flies, South African Golf Open last week plus cricket test match v Windies have meant I haven't got in touch with that many threads with regard to my portfolio.
Been in RTD for some time and cost averaged down to 11p, I hold more than I'd really have liked but now very happy.
Glad to know that you weren't guesstamising but chartist plus, not sure in my head how far these can go but think 25-30p is obtainable in the shorter [?] term, perhaps in conjunction with profits declaration in March.

Fine, sunny, cloudless day here with a slight breeze, temp 34 degrees, living on a golf estate in the winelands area of Paarl.
Ah well, someones gotta do it!!!!!!!!! Think I'll have a dip in the pool, waters 82 degrees....lol...
woftm
:-0))))