Shareprice on fire today
Hopefully this time it keep going and get to 37 bucks.
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Shareprice on fire today
Hopefully this time it keep going and get to 37 bucks.
What got me investing in FPH was when I discovered in 2016 that the demand for CPAP machines for sleep aponea was far above what had been expected.
https://www.stuff.co.nz/national/hea...leep-disorders
Looks like next week we will see a " Price Sensitive " announcement from the company .
Oops - was this big bang just the share price crashing through the MA200?
No announcement - but it appears somebody with lots of shares wants out?
What happened?
That 6 monthly FP Healthcare graph is looking unhealthy.
Could do with a bit of resuscitation, where can we buy something that will do the job?
Increase in the NZ $ most likely. Always has an impact on their earnings.
Lets c what happens ...Company per se is doing well but sentiment is still negative on it ...it need to show numbers and future guidance to make new supporters ...
I still have full faith in it long term basis so such shenanigans dont worry me ...its become very volatile these days which is also a sign of shaking the tree !!!
Maybe a good time to buy more IMHO ...TA doesn't work very well in FPH as it can move a lot on low volumes
Keep in mind company is going ahead with its plans ( accelerated basis ) to almost double its capacity in next 2-3 years ...