FPH - Fisher Paykel Healthcare.

[alokdhir]

So on track to exceed H121 revenues of $910m ...... yes?

Or is June month a bit of a worry if it continues like this

Just stating as I see the data ....Its varying a lot month on month basis ...so not easy to extrapolate anything ....overall they will do well on two counts

1. Covid will keep giving them long term business in addition to their standard bread and butter business

2 . They will most likely get a boost to Sleep apnea devices business also after Philips No 2 provider goes offline for next 18 months to service recalled devices

So I am still hopeful that they may end up doing almost similar revenues like last year ...

[alokdhir]

Do we know how much of FPH's production is made in NZ - and exported - and how much is made overseas?

Its almost 65 % vs 35% from Mexico ...But it depends upon product mix too ...Devices are almost all made in NZ

[macduffy]

Its almost 65 % vs 35% from Mexico ...But it depends upon product mix too ...Devices are almost all made in NZ

Thanks, alokdhir. So NZ export numbers are a good proxy for FPH's device sales.

[Rawz]

FPH were investing in new manufacturing facilities due to covid. I wonder if this was in NZ or outside? maybe more in Mexico?

[alokdhir]

FPH were investing in new manufacturing facilities due to covid. I wonder if this was in NZ or outside? maybe more in Mexico?

Their new factories 2 in Mexico and 1 in Auckland were planned much before Covid came but they hastened their commissioning ....One still getting ready in Mexico ...2022 is the earliest it come online

They planned to almost double their Hospital sector capacity by 2023 ( Was planned in 2018 ) and 60% to Homecare sector capacity .

This was done after seeing the performance and acceptance of its new products like Optiflow and Airvo2 etc

By 2024 they plan to have $ 3.5-4 Billion in revenue ...so if it works out well then FPH maybe $ 75 in 2024 !!!

[Rawz]

Thanks alokdhir- share traders 'FPH master'

[Panda-NZ-]

Delta variant gradually becoming more of an issue, vaccinated people now being asked to wear masks in the US.

Plus vaccine hesitancy and subsequent outbreaks, may lead to a more sales which analysts haven't really priced in.

https://www.usnews.com/news/best-sta...cination-rates

[Leftfield]

Delta variant gradually becoming more of an issue, vaccinated people now being asked to wear masks in the US.

This graph highlights the concerning recent trend in the USA..... heading back to over 100,000 cases per day.

Covid Cases USA trend..png

[iceman]

This graph highlights the concerning recent trend in the USA..... heading back to over 100,000 cases per day.

Covid Cases USA trend..png

I no longer buy into "cases per day", even though they still apply in NZ & Aus. That number has become irrelevant in highly vaccinated populations. "severe symptoms", hospitalised", "deaths" are the numbers we now need to look out for.

[alokdhir]

I no longer buy into "cases per day", even though they still apply in NZ & Aus. That number has become irrelevant in highly vaccinated populations. "severe symptoms", hospitalised", "deaths" are the numbers we now need to look out for.

Unfortunately that too are rising fast currently at 94600 critical and almost 5 times in hospital . Though its well established that vaccinations have helped reduce severe symptoms .

Only worry is waning immunity of vaccines and new variants emerging .

Its a long term story which all have started realising sadly .

https://www.worldometers.info/coronavirus/

At last peak ...Critical patients topped out at 110,000 ....now we are getting close as Delta takes full hold ...maybe peak about 2 weeks away on global front .