a must watch
https://craigsip.com/insights/overvi...4-00505681265f
I was disappointed that Mohandeep didn't ask Lewis 'would you pay 50 times earnings for one of your competitors?'
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a must watch
https://craigsip.com/insights/overvi...4-00505681265f
I was disappointed that Mohandeep didn't ask Lewis 'would you pay 50 times earnings for one of your competitors?'
When it forms a base it will be good buying.
Sooner than the punters think?
Building for the future.
Planning for it. Better planned than short term investors?
Time will tell.
"The respiratory products manufacturer said its current site was nearing capacity and it needed more land to enable its continued growth.
Chair Scott St John said the company had consistently signalled the importance of long-term infrastructure planning to help it deliver on its growth strategy.
F&P Healthcare has aspirations of doubling its constant currency revenue every five to six years."
https://www.nzherald.co.nz/business/...XT43A3HDSIRNE/
The NZD now trading at only 0.5731 to the USD must surely be good for the bottom line of FPH.
Who knows ... If you listen to Elon the Thick Finger, than Tesla is currently losing money (again). I would not know, but he twitters it. Wondering when they take this idiot out of the game. Sigh.
F&P on the other hand is writing consistently black numbers - and the trend is certainly pointing into the right direction. Backward PE (10 years) is 49, while forward PE (3 yrs, based on analyst consensus) is 34. While not outstanding, it is not too bad either in combination with a 6% earnings CAGR.
Further to what BP has highlighted ...as far as I know ....FPH is a debt free company with negative gearing means positive cash reserves since at least 2018 . They have a very strong balance sheet which helps them expand from internal resources ...latest is $ 82 Mil Cash positive for FY 23 forecasted
https://www.marketscreener.com/quote/stock/FISHER-PAYKEL-HEALTHCAR-6492630/financials/
You are correct, the F&P balance sheet is very strong. Even after paying for the new buildings, debt levels will be very conservative.