Rubicon’s H1 performance contained typical seasonal trading features ahead of the more important H2 trading period and our earnings estimates are unchanged. We are encouraged to see a number of positive commercial steps being taken in each of the main countries, which will support future aspirations. Our earnings estimates are unchanged as is our previous DCF valuation analysis which indicated a NZ$0.74 per share valuation.
20 Dec 2018
Rubicon - Well-positioned going into H2
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Rubicon - Well-positioned going into H2
ArborGen Holdings Limited (ARB:NZE) | 0 0 0.0%
- Published:
20 Dec 2018 -
Author:
Toby Thorrington -
Pages:
5
Rubicon’s H1 performance contained typical seasonal trading features ahead of the more important H2 trading period and our earnings estimates are unchanged. We are encouraged to see a number of positive commercial steps being taken in each of the main countries, which will support future aspirations. Our earnings estimates are unchanged as is our previous DCF valuation analysis which indicated a NZ$0.74 per share valuation.