FPH - Fisher Paykel Healthcare.

[alokdhir]

Happiest Day of dear Couta's life ....FPH up and WHS / HGH down ...lol

[winner69]

Happiest Day of dear Couta's life ....FPH up and WHS / HGH down ...lol

Tempting fate there .... Monday is another day

[alokdhir]

Tempting fate there .... Monday is another day

For FPH holders like me ...One day happiness is also welcome

[alokdhir]

Read on market report that one Australian broker has upgraded FPH to BUY .... reason for todays surprise up move in a big down market

Anyone has news about it?

https://www.stuff.co.nz/business/128...akness-sets-in

NZD going down to 60 cents should also help !

[Waltzing]

chart looks like a falling off a cliff.... boy it was the one of the best trades ever from the 2's..

[LoungeLizzard]

You'd think that the FPH might say or do something to try and arrest the decline. If they were confident in the business, then at these levels they might consider a share buyback. Lets hope they'll address their declining market value in the upcoming results. They're a public company yet the silence is deafening.

[couta1]

You'd think that the FPH might say or do something to try and arrest the decline. If they were confident in the business, then at these levels they might consider a share buyback. Lets hope they'll address their declining market value in the upcoming results. They're a public company yet the silence is deafening.

Why they issued guidance in March and announced their investor day and results date not long ago, they are just getting on with business otherwise, they are not Physicians so can't be expected to prescribe medication for a Schizohrenic market.

[Goose]

You'd think that the FPH might say or do something to try and arrest the decline. If they were confident in the business, then at these levels they might consider a share buyback. Lets hope they'll address their declining market value in the upcoming results. They're a public company yet the silence is deafening.

I'm with couta1 on this one...I wouldn't expect to see CEO's coming out and commenting on the share price, it is the market's job to sort that out in any and all directions and the job of management to get on with running the business. Anyway, continuous disclosure rules cover things off...If you like the company and want to add more then arresting the decline is the last thing you want.

[LoungeLizzard]

Why they issued guidance in March and announced their investor day and results date not long ago, they are just getting on with business otherwise, they are not Physicians so can't be expected to prescribe medication for a Schizohrenic market.

I agree in principle and there are of course, rules around companies pumping their own stock, but we are looking at NZ's biggest company heading towards halving in value in less than two years (SP was $37 in Aug 20) and in a period of record profits and increased demand for their products. Not worthy of comment? Guidance and results are one thing, and whilst I recognise the market is fickle, in this case I think shareholders (the owners of the company) deserve at least some commentary on the drastic decline in their wealth.

[couta1]

I agree in principle and there are of course, rules around companies pumping their own stock, but we are looking at NZ's biggest company heading towards halving in value in less than two years (SP was $37 in Aug 20) and in a period of record profits and increased demand for their products. Not worthy of comment? Guidance and results are one thing, and whilst I recognise the market is fickle, in this case I think shareholders (the owners of the company) deserve at least some commentary on the drastic decline in their wealth.

I reckon on results day holders will see the market has gotten far too negative with its current pricing, im thinking it will go back to around $25 fairly quickly.