Should they ever serve up crayfish,,,,,,sell.
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OK, I know there's a lot of bullishness around at the moment and that FPH has recently announced a (small) upgrade to the FY19 expectations. But even with that taken into account, there is now a forward PE of 44 on this share.
Am I missing something really obvious?
A great company...but really?
Potential positives market may be factoring in
- neonatal breathing unit launched (huge market?),overwhelming positive feedback
- exchange rate weakening
-Mexico trade deal
-positive outcome to litigation?
-interest rates lower for longer?
As winner notes everyone is still chasing quality growth,why not as this one is sustainable.It may be expensive now but with forward growth projections,what is it worth?
The expensive litigation FPH and RMD set to continue.
That's true at the minute but what happens if reality bites ?
Quite right Percy, very expensive http://www.sharechat.co.nz/article/b...llegationshtml