This stock is a stock market darling.
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This stock is a stock market darling.
Just a lazy $17.64 close the week. Not bad considering it was $15.15 on the 27th August.
Good time for another tweet from the orange gorilla ;)?
Actually - just looked into the trend chart:
Attachment 10751
If you look at the RSI value for FPH (second graph - the red "potatoes" in the chart mark the relevant peak when the SP started dropping) - looks like we are currently again at the FPH specific peak-value.
You still can enjoy your gains over the weekend - and long term I am sure FPH is a good hold - but short-term the SP gains might disappear again next week.
Just saying.
Love your downramping BlackPeter. Were you doing that at $2.30??!!
FPH could become a $20 share on this news
http://nzx-prod-s7fsd7f98s.s3-websit...528/309634.pdf
Hmm - $260m NPAT would mean an EPS of 45 cents. If we take your prediction of $20 SP, than this would make a PE of "only" 44.
Does not sound that dear these days for a company growing with a roughly 10% revenue CAGR, doesn't it?
Not my cup of tea, though - just imagine the markets decide at some stage in their collective wisdom to go for a healthy PE reduction back say back to 20 considering the growth (or heavens forbid - if they have an under-swinger to 10) ...
Id say a pe of 25 would be healthy for these. 20 would be a bargain.