1Yr·

What do you think of my investment in $RIGD (+1.62%) ?

I have deliberately chosen none of the usual oil / gas companies. Disadvantage are always the few numbers and valuation of emerging market stocks.

Haven't seen the company in anyone here yet, hence my interest.;)

11 Comments

𝙼𝚊𝚗𝚞@FrauManu

1Yr

Maybe @Hannes_SK knows it?

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View all 3 further answers

Krynt@Krynt

1Yr

I don't know it, I don't want to know it.

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Enrique@Dividenden_Monteur

1Yr

Phew, 25 P/E ratio and according to the description only active in India? Wouldn't be for me 😅 Better to take a global player

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Riesling@RieslingGG

1Yr

@Der_Dividenden_Monteur is one of my risky invests, see the market in India as exciting and the company is diversified with a high market cap.

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Manuel@Variett

1Yr

When the abbreviation is already RIGD (rigged) that can not be anything 😉

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Riesling@RieslingGG

1Yr

@Variett hahaha that's right, I have to be careful. It's just not that easy to find good companies from emerging markets.

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Manuel@Variett

1Yr

@RieslingGG even though I like to research emerging markets myself, individual companies are even more "dangerous" than in established markets, so I would actually do it via an etf.

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Riesling@RieslingGG

1Yr

@Variett know what you mean, but with the conglomerate I think it's not that risky..... but I'll probably sell it anyway when I've made a bit more return;)

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