Gotcha, thanks.
Printable View
Management confirming a $25-30m EBITDA guidance range is very positive in my view.
New product pipeline and access to Tier 1 telecom volumes is also great news.
I'm in around these levels and expecting some uplift in shareprice and a much improved CFO - cash flow from operations this full year.
RAK has turnaround written all over it if they can deliver on EBITDA guidance.
Looks like a turnaround is in progress, record unit sales expected this month and volumes more than 60% up on same time last year, share price up around 20% for the month also.
http://www.nzherald.co.nz/technology...ectid=10660839
The recent Temex purchase looks to be a good price too.
The sky is the limit.... I mean space is the limit
Convinced myself a couple of days ago that "the worm had turned" and decided to buy back into RAK. Always reassuring to see Phaedrus' analysis in confirmation of one's decisions.
All very positive on the share price front with this company at the moment. It was interesting to see in the Sunday paper that Macquaire had sold some shares recently. I'm looking forward to the AGM to see how 1H 2011 is going.
Maybe one to watch
http://finance.yahoo.com/news/Recess...&asset=&ccode=
Nice breakout ?????
The share price has been inching up without much fuss after hitting 0.89. I do hold a few but not much. Management is very secretive(that is my impression) and don't give much information to the shareholders in their report to shareholders. They should talk less gobbledygook and communicate efficiently to the shareholders. I wouldn't hesitate to sell this dog at an opportune time.