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Investment Deep Dive: Reece Limited #investmentstrategies

21 Nov 2024 · 19:04 · Watch on YouTube

Description

A Deep Dive into a Global Plumbing Leader:

In this episode, we explore Reece Limited (ASX:REH), a $14.8 billion market cap company that has grown into a global leader in plumbing, waterworks, and heating and cooling products. Operating across Australia, New Zealand, and the United States with over 900 branches, Reece supplies a wide range of products to both commercial and residential customers.

We discuss its history, economic moat, financial health, and growth performance, including how $10,000 invested in 2014 would now be worth $35,784 (growth only). Plus, we analyse key metrics like its debt-to-equity ratio, dividend payout, and insider activity.

Tune in to learn what makes this 100-year-old company a standout in the industry!

Please Note: This is not a buy, nor sell, recommendation. This is general information only.

Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Rachael Todman, GradDipFP (ASIC Reg 1270413), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401.

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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.

Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Olivia Glare (ASIC Reg 1262290), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.

The information provided in this article is general in nature only and does not constitute personal financial advice.