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Rea Vipingo, rapid rise in profits but stagnant stock price
Rank: Member Joined: 9/11/2007 Posts: 54 Location: Bermuda
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Rea Vipingo recently reported a 36% just in half year profits on the back of an over 500% rise in 2011 profits compared to 2010. At a PE of just 1.91 the stock is extremely undervalued. Me thinks Rea is a great long term bargain. Check out: http://afrikainvestor.bl...months-ended-march.html
and http://afrikainvestor.bl...ar-ended-september.html
for my analyses When you see clouds gathering, prepare to catch rainwater. - African proverb
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Wazua
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Rea Vipingo, rapid rise in profits but stagnant stock price
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