Load of crap for sure, dinosaur material in the modern age.
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I seem to have done okay using my modified 1g version of his formula. The problem with g is you have to forecast it out based on the average expected growth for the next 7-10 years which is little short of wild guesswork with this one. Factor in systemic wage cost inflation at 7-8% per annum in the healthcare sector, like there has been ever since this listed and who is to say that won't continue to eat up all their slowly rising DMF and resale gains ? What confidence can you have with any estimate of g when we've been half a decade without any ?
Share prices follow earnings and that's why the share price remains in the doldrums and will stay that way until they can prove they can grow earnings.
Best chance of a way out of this is a takeover. Even $1.30 would look really good now ! I'm just going to keep my free ones and hope for a takeover. No more no matter how low the price goes unless its less than 59.5 cps !
Market not liking the sector at the moment but OCA the most disliked
I put that down to Brent Pattison becoming the CEO ..... out of his depth in running a people organisation ... and the market has realised this
That was a bad move
most people on here have forgotten food inflation , vege's etc are going too cost a bomb next yr due to fertilzer etc and eat even further into margins.
guess some of beagles dogfood can be substituted to help keep margins up
Will be starting its wee run up to $1.06 next week prior to the result, bit of a gutometer guess.:cool:
Harsh critique, never mind all the headwinds the whole sector has faced and all of the sector turned down at the same time. Actually a bit over 7 months ago. Nothing to do with Brett per se, you sound like an angry shareholder grasping at straws and attacking the CEO in frustration.