Ebos Limited EBO

[percy]

API's profit downgrade because of slowing pharmacy sales spooked me,as 51% of EBO's revenue, at the half year, was made up of wholesale and retail pharmacy sales.
So I went from a large EBO holding,to selling 60% of my holding, right down to holding just 10% of my original holding.
Been a wonderful investment.Just could not bring myself to sell out completely.

[peat]

So I went from a large EBO holding,to selling 60% of my holding, right down to holding just 10% of my original holding.

WOW Percy I am flabbergasted

[percy]

WOW Percy I am flabbergasted

Me too.!!!
Huge day for me.Selling way down EBO,then selling out of RXP [asx] and buying ATL [asx].

[value_investor]

Interesting movement downwards today. I'm always a little bit suspicious of a move down like this just because their wasn't any news. Perhaps a few people know more than the general investors.

The result next week is going to be interesting considering the profit downgrade from API has really scared the market off this one. I think that EBO is more well insulated than API to handle a downturn in the market. Still a fall in the market, would discount a really well run business with a great future perspective. Hoping to get a bargain on this..

[percy]

SIG Sigma Healthcare's profit downgrade on 11th August would not have helped.
Yet PGC [asx] had a cracker result, and is going like a house on fire.
Macduffy posted an interesting link today, on ASX thread Paragon Care Ltd.

[peat]

looks pretty good.... high single digit growth on most metrics on underlying figures.

[LAC]

Solid result and they seem confident with the fy18 outlook.

[percy]

Yes a very credible result.Constant FX var EPS up 11.1% to 91.3 cents per share is higher than I expected,putting EBO on a PE of 19.3
The guessing game now is what do we expect eps growth to be.?
Maybe we will get an indication at the agm on 17th October.
I very much doubt it will be double digit,which means the growth rate is under half the PE ratio,or the PE ratio is twice the growth rate.

[LAC]

Yes a very credible result.Constant FX var EPS up 11.1% to 91.3 cents per share is higher than I expected,putting EBO on a PE of 19.3
The guessing game now is what do we expect eps growth to be.?
Maybe we will get an indication at the agm on 17th October.
I very much doubt it will be double digit,which means the growth rate is under half the PE ratio,or the PE ratio is twice the growth rate.

Yeah but I highly doubt EBO will get down to anything close to 1:1 ratio, I would love to get them as cheap as possible, but I have missed out on some really good opportunities waiting for the bottoms and now came up with a better idea, I just buy them every 6 weeks regardless of the price. Same day same time.... been good so far.

[LAC]

Percy, how do you see the exchange rate playing out for FY18?