I have only seen one brokers' research on FPH.
Target price $11.90.
Interestingly enough it was dated 1st April,this year.?
Bit like my RYM,when you are having a "free" ride you just sit back and enjoy the upward trejactory.!..lol.
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I have only seen one brokers' research on FPH.
Target price $11.90.
Interestingly enough it was dated 1st April,this year.?
Bit like my RYM,when you are having a "free" ride you just sit back and enjoy the upward trejactory.!..lol.
So I go to work for $14/hr,it costs me $12.00/hr to exist,leaving me with an excess at the end of the year, now my time and costs have been paid for,it doesn't matter whether I made $30/hr or $40/hr,that money is the return on investment of my time. Even if I doubled it,it doesn't make that money free. It came at a cost.
obviously content with an ROI of 25% over x amount of time if you were to drop those eggs eh!
So does this mean you might not mind if at least a few eggs dont make it home?
or do you believe the brokers target you read was not in fact an april 1st joke and fph is well on track for a price of $11.90 >52 weeks?
And FPH is certainly the good.
The very high amount spent on research means a growing number of better products have been brought to market.
The existing markets for FPH are growing rapidly,and FPH are expanding into new markets.
The move to distribute directly in the US should mean FPH stay closer to their customers,and hopefully get a higher margin.
I therefore think the broker's target of $11.90 is achievable.
Nice bounce on a bit of volume
Full year results close (27th). S/P at a 10 year high( not factoring any dilution).
Craigs forecast $793 mill Rev $241mill EBITDA $140 mill net profit T/P $11.90 which would be a few cents shy of a 4 bagger.