RCR - RCR Tomlinson

[Smurf1976]

Best case scenario looks about 10c a piece.

A question albeit not one specifically about RCR - is that chart you posted the output of some software that pulls in all the data from wherever and automatically calculated what's on the chart?

Or is it data you compiled yourself sourced from reports etc, did the calcs and produced a chart from?

If software, what?

 

[luutzu]

A question albeit not one specifically about RCR - is that chart you posted the output of some software that pulls in all the data from wherever and automatically calculated what's on the chart?

Or is it data you compiled yourself sourced from reports etc, did the calcs and produced a chart from?

If software, what?

It's from danginvestor.com

Basically enter the financial statements and it calculate these ratios. From financial position, performance all the way to the automatic valuation. Though in valuation users can make adjustments, scenarios... see how their estimates compare to the asking price and the "algo" that's calculated.

Then strike when the asking price is within the range of their estimates.

For Liquidation measures....

I use Graham's suggestion of a high and a low value scenario. In low, inventory and asset can be down to either nothing or 10c on a dollar; the cash at bank stays the same etc.

It's just a quick approximate. I find it useful if, on the rare occasion, a stock is selling below its cash or working capital.

 

[Smurf1976]

It's from danginvestor.com

Ahh, I see.....

 

[Knobby22]

Don't be deterred by one bad experience.

Add me to the list of those who have "been there, done that" by owning shares in a company that went bust. Pasminco for the record. Their physical mining and smelting business was fine, and I'd been down one of the mines and inside one of the smelters and seen it all with my own eyes, but it was their financial dealings which brought the company unstuck in a big way with huge losses and that was the end of it. The physical assets are still running today under different ownership but the shares have long since been delisted and were ultimately worthless.

And a big welcome to ASF too.

My biggest mistake was buying into Southern Cross airlines float many years ago. Lost it all straight away.
Made others since then. Always learning.
Overall done well so also I agree don't be deterred.

 

[luutzu]

Ahh, I see.....

Now we see

Case study every body.

I feel bad about charging for this one, but I got bills to paid and mouths to feed and CentreLink aren't anywhere nearby, yet.

 

[sptrawler]

Well someone bought the carcass.

https://thewest.com.au/business/min...n-wa-businesses-for-10-million-ng-b881090479z

 

[galumay]

Well someone bought the carcass.

Well the meaty bit of the carcass! I hold NWH, the company that picked up the heat treatment sector of the old RCR. I suspect it will be a very good 'bolt on' to their existing business. Great to see it meant at least some of the RCR employees will end up keeping their jobs.

 

[HelloU]

nrw may need those extras .... they may be a little stretched atm ........

 

[galumay]

Yes, they have a lot of work on, a great success story in the mining services space!

 

[sptrawler]

Well it sounds as though, when the administrators are paid their $5m to switch the lights off, it is good night from RCR.

https://thewest.com.au/business/eng...ught-in-rcr-tomlinson-collapse-ng-b881102192z