Jeez ..if NZD goes sub 60 that’ll be significant for FPH earnings
Huge tailwinds
Alokdhir …any idea how many zillions say a 5 cent drop impacts bottom line
I have read it here in some post that every cent down adds about $ 5 million to bottom line ...so 7 cents should add $ 35 million so roughly 5-8% EPS growth ...
Also at that time when that post was written ...maybe 1.5 years back ...sales were much lower then now ...so rough estimate maybe every 1 % NZD drop should add 1 % to EPS .
At present due to OMICRON not effecting lungs that much ...most analysts are thinking no respiratory support needed in hospitals for Covid patients thus FPH equipment not being utilised as before ...its much less then Delta times ...but data from South African Covid Hospital portal ( Its most informative portal providing complete covid hospitalisation details including numbers of oxygen and ventilation support out of total numbers in hospitals ) shows its roughly 17.5 % hospital patients still need respiratory support . So I am pretty sure FPH equipment is being used and they will be doing alright ahead too . Delta is not totally gone but Omicron by its sheer numbers is in limelight .
Even if omicron causes 1/5 of the hospitalisations as the other variants, the exponential nature of viruses mean that without ironclad restrictions on transmission we will still see a great deal of hospitalisations. Certainly doesn't help that public fear is significantly lower now. Do not discount omicron, or worse, discount what comes next. That applies to more than just FPH stock. Viruses tend to become more contagious and less severe over time, but the random nature of mutation means we could face a more severe more contagious strain.
Many factors effecting SP of FPH ...Rising rates and market sentiment on downside due its high valuations ....Covid situation and falling NZD on upside ...
On balance I think it will be staying in $ 28 - $ 32 range only ...hopefully
Fisher & Paykel Healthcare (F&P) delivered against the backdrop of
a weak local equity market. The company reported a strong first half result, ahead of expectations, boosted by another wave of COVID hospitalisations in the US, Asia, and certain countries in Europe. The bulk of the strength was in sales of new hardware in the Hospital division, which continues to grow the installed base of F&P products in both established and new customers (70% of hardware sales were outside of the core markets of US/Europe). There is increasing weight of evidence to suggest that nasal high flow (key product) usage will structurally increase even as COVID wanes. This is because (1) the therapy has stood up in a crisis and doctors who are new to the products have now had first-hand experience in seeing its efficacy; (2) there is a still sharply growing installed base of F&P hardware; (3) clinical evidence is supportive; (4) F&P is increasing its sales force to provide education to recent adopters and increase consumable usage. Market expectations do not appear to factor this in, as medium- term forecasts remain in line with the pre COVID trajectory and imply meaningful under-utilisation of the much higher installed hardware base.
From KFL newsletter ....they are expecting higher growth ahead in medium term due to positive effects of Covid experiences of hospitals and doctors and patients
First time Stats NZ could not release this data on time ...it was supposed to be released on 26th Jan ...but for some reasons got delayed to 1st Feb ...maybe FPH exports overwhelmed them ...lol
FPH is exactly following Nasdaq downtrend in %age ...so looks like another down day on Monday ...May reach its last bottom of $ 27 in few days ...Unless company says something positive in trading update expected next week ...
Thanks Alokdhir ... lets see whether if it reaches ...27 in the coming days to buy some ... or will there be some positive announcement in the meanwhile...
FPH is exactly following Nasdaq downtrend in %age ...so looks like another down day on Monday ...May reach its last bottom of $ 27 in few days ...Unless company says something positive in trading update expected next week ...
Waiting on the sidelines.... Hopefully its last bottom 27 will be able to hold it up, if that is breached what's the next support level? Thanks!
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Originally Posted by winner69
but you never know given the talk of war and Ukraine.. etc....
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