jeez alokdhir - 10 year dropping from 4.284 to 3.66 odd is a HUGE swing
Bond traders will be happy - big gains for some?
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jeez alokdhir - 10 year dropping from 4.284 to 3.66 odd is a HUGE swing
Bond traders will be happy - big gains for some?
First range is always widest just like first cut is the deepest ...now slowly it will narrow down to maybe 3.75 to 4.25 maybe ...Actually full swing was 4.284 to 3.553 ....massive gains in Bond prices ....Bank's treasuries could have done well to trade
My main point being unless something drastic happens 4.284 should be able to cover this cycles top ...75% certainty at present
So yield decided stocks should find some stability ahead ...
Yes I understand many saying yields only adjusted Prices ...economy will adjust earnings ahead ...maybe FPH earnings are not that economy dependent ...also analysts have already dumped its earnings fully ...only will become better especially with big boost from NZD .
Maybe FPH will lead NZX recovery whenever that happens
Are we there yet ?
With a bad dose of flu, selling heaps of Airvo consumables.
Gain of 70% from this price to previous highs.
I don't want to say anything about FPH, otherwise I might spook the horses. 😎
Stats NZ export data for June looks promising in assessing FPH revenues for F23
When alokdhir and the guys at Forbar put the number in their models expect them to upgrade their sales forecast.
Nothing much in June exports data ...just 5% up then last two months ...so estimated at another $ 125 Mil revenue ...
Maybe FPH is getting help from recessionary switch to healthcare stocks like in USA RMD doing very well
But overall market is becoming more and more positive towards FPH and hopefully its bottomed out with worst out of the way
Ahead we have 20% growth to EPS for next 3-5 years almost in the bag as per almost all the analysts
57 cents , 73 cents and 90 cents are higher end eps estimates for next 3 years
Hardware/consumables ratio could be blurring the numbers.
Higher margins on consumables
Jeez ... FPH share price went over 22 bucks earlier
Makes 25 bucks sooner than later a near certainty ... just a few days of exuberance way
still P/E high...not saying it wont go higher...
shes a goodie ..