Stock chart
Analyses on R.G.A. (5)
- May 18, 2026
- May 1, 2026
- March 25, 2026March 25, 2026
- Follow-up
Backlog versus cash: why 1.39 billion ILS still does not solve R.G.A.'s core question
At R.G.A., the large backlog proves demand but does not solve the cash question, because it sits on multi-year municipal contracts, slow collection, heavy fleet needs, and working capital that has to be funded before revenue becomes cash.
- Follow-up
Joseph Morris: will the deal really upgrade R.G.A., or just add financing load?
The Joseph Morris deal can materially improve R.G.A.'s business mix toward waste and heavier operating control, but the definitive agreement also makes clear that the upgrade comes with front-loaded funding pressure, so the transaction is not proven until it closes and starts ca…
R.G.A.: The waste pivot makes sense, but cash flow still has not caught up
R.G.A. is building a public sanitation platform with a large backlog and a stated shift toward waste, but 2025 mainly exposed working-capital intensity and dependence on financing, which makes 2026 a proof year for cash generation and execution.
