dropping lately wondering has it peaked?
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dropping lately wondering has it peaked?
Up and down like the waves on the ocean. It's the rising tide that matters.
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Quite a large chunk of the market dropped today, if anything it's an invitation to buy a little more.
I did buy some fingers crossed.
Sold and back in. I seem to have an emotional attachment to this company. Their equipment helped save my baby's life, three years ago.
Now that is a perfectly legitimate reason to have an emotional attachment to this company. Great news and I am very pleased for you.
This company is definitely one of the big success stories of NZ and the NZX. Difficult to lose on this one if you are in for the long term
Anyone done any analysis on this?
I think FPH is now fairly valued rather than undervalued. Maybe we will see a pullback to the low $9s?
I looked at this yesterday. PE based on last years earnings was 41 before this pullback. A great company with excellent prospects but too expensive for my liking. SP has risen at a vastly greater rate of knots than underlying earnings in the last two years. Reminds me very much of what happened to Ryman a couple of years ago. Brilliant company with excellent management, superb track record and growth outlook that simply got too far ahead of itself. Consensus average of 7 analysts 12 month price target is $9.09 http://www.4-traders.com/FISHER-PAYK...630/consensus/ Shareholders with over $53m worth of shares today said the SP has got ahead of itself...