RPC Group - Re: RPC Stream Log - Couldn't agree more. You have...

Couldn't agree more. You have a company with an annualised FCF yield north of 10% and double digits ROCE. One parallel I can draw is with Smurfit Kappa. After their blow up it look them several years to regain trust (whilst paying down debt, which was far higher than RPC's current multiple at peak). Despite a very strong share price rise SKG arguably remains undervalued. Brokers certainly seem to think so. And the same goes for RPC. For once I think the brokers have this dead right and the market dead wrong with target prices far north of current. Bottom line is that our company is a (lower risk) cash machine, which in today's low yield world is not something to be sniffed at. I am generally a LT investor and have used today's fall to top up. I sincerely believe the market will get there. Fill your boots whilst you can