Sounds like a tonic :cool:BP, thanks. Meanwhile yes you're right hardt re RMD playing the game(because there you can).
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Sounds like a tonic :cool:BP, thanks. Meanwhile yes you're right hardt re RMD playing the game(because there you can).
Yes, I went for years thinking that about FPH but took the plunge during a couple of their down spells last year - and now well in the black. One of NZ's few genuine growth companies IMO and worth adding to when opportunities arise.Quote:
Always looked like a good company but always too dear.
:)
Solid result - NPAT increased by 18%.
https://www.nzx.com/companies/FPH/announcements/301467
I hold.
margin is very good... just the the lawyers are very costly..
Interesting reading the bit about the patent claims and counter claims. Does seem to me that ResMed are trying it on and not really getting anywhere.
Yes - steady as she goes. Good improvement, though annual revenue grew slightly less than analyst predictions. Earnings growth as expected, but just imagine they could have booked the $20 m they spent on lawyers as profit as well - this would have been a rocket!
Positive outlook, though somewhat reduced compared to analyst predictions. Allowance for this years lawyers bills?
Increasing dividend, bringing the annual dividend up to 19.25 cents. Well, this is obviously not a dividend stock (with less than 2% dividend return), but still nice.
Discl: hold and hope for less litigious times to come ...
Macquaries liked the result.
http://www.nzherald.co.nz/business/n...ectid=11861446
Looks like an all time high(my chart only goes 10 years) on big vol; and the $NZ been trending up too!.RMD not quite there but close.