Forum Archive Index - February 2003
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[sharechat] Snoopy - RBD
Hi Snoopy,
I only just read that Domino's are looking at entering the NZ market - check
out this story:
http://www.sharechat.co.nz/news/scnews/article.php/f03495e2
Because you're the RBD expert on the Forum, I'd like to ask you a couple of
questions (hope you don't mind!).
According to the Access Brokerage website, at the closing price of $1.25
today, RBD's dividend yield is 14.9% and it's P/E is a measly 5.23.
Do you think the market has overreacted to the Dominos news and, if so,
what's your analysis of RBD at this price? Does the share scream value, or
not?
Best, Ben
(No RBD, but thinking...)
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