You guys take div or DRP?
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You guys take div or DRP?
I take DRP not only on FPH,but where ever it is offered.
When I stop working I will most probably take cash.
I do not miss getting the dividends,and my holdings steadily increase.
Can't remember what it was say 5 years ago,but I guess the shares I have received have more than tripled in that time.
I take 60% DRP, I find over 30 years, 60 or greater is a magical number
After chasing FPH for years, and always thought that they are a great company, but just too expensive, did I manage to take the plunge today. Just couldn't resist these below $10 share prices ...
Looking forward to a long and hopefully happy relationship ...
Back up to $10.35. Good company that i'd like to get into, but just can't justify at these prices
The nzd is not really helping here. Errrr
You are right ... still remember the time when I thought they are a great company but just too dear around $1.50 (must be some 10 years ago) and later $4 per share (only 2 years ago) and I paid for not buying them at this stage (with lost revenues). I guess with FPH you just pay for (so far) nearly unlimited growth potential, proven technology and an already rather de-risked business case (compared to other growth companies).
Sure - there will be a time when competitors and copy cats start cutting into their healthy margins, but at his stage I think they are still in the early growth phase.
Anyway - DYOR
Discl: holding;