Forum Archive Index - October 2002

["winner69 ." <wwinner69@hotmail.com>]

Hardly been any mention lately of one of most talked about stocks on 
sharechat over the years - RBD

Plenty of action on the other channel though.

Panic-E-Button said on Sept 10th (quote) "No dividend payment. Watch for 
this month announcement and see the share price diving"

There has also been a lengthy discussion about last quarter's sales -were 
they really that good etc? Differing views of course.

And rawdata says there a couple of analysts have downgraded the stock 
recently.

But when the RBD share price drops from nearly $2.00 (when Panic-E-Button 
mentioned the possibility of no dividend) to today's $1.58 it makes you 
wonder what actually is going on.

Last years dividend was 12 cents (12 months worth of the 15 months 
dividend). If this is repated then RBD at $1.58 is a steal.

Wouldn't a reduced dividend (worse still no dividend) see the share price go 
into free fall?

Honestly hard to imagine RBD being so far down that this would eventuate.

However something ominious seems to be building up though. Have to wait to 
next week to see what they say.





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