Rotala (ROL)

Business description

Robust's principal assets are the Lakuwahi gold and base metal project on Romang Island, Indonesia and its 87.3% interest in AIM-listed Tengri Resources, which holds the Andash, Talas and Bashkol gold/copper projects in the Kyrgyz Republic.

Commercial opportunity

Update | Industrial Support Services | 27/04/2011

Rotala’s results were broadly in line with our expectations and demonstrated that the group had managed to progress despite challenges around fuel and competitor behaviour. With further progress anticipated in 2011, supported by the recent acquisition of Preston Bus Ltd (PBL), we feel Rotala’s agility and increasing focus on commercial routes will provide further opportunities for expansion over the coming years. In addition, the initial Competition Commission report is anticipated in the next few months and we believe this will be supportive of businesses such as Rotala.

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Stock data

Market cap.A$94.8m
Last closeA$0.480
High / Low (52 weeks)A$0.5 / A$0.5
Stock market listingAU
Forecast net cash (A$m)13.2
Forecast gearing ratio (%)N/A
TeamIndustrials
SectorIndustrial Support Services

Price performance

%1m3m12m
Actual0.00.00.0
Relative *(1.1)(1.2)(4.8)

* % Relative to local index