Morningstar guy quote - “But Ponraj now thinks it has been oversold and trading at a discount for long-term investors – he values it at $24 per share which is more bullish than many other analysts covering the stock.”
Morningstar usually pretty good with their valuations
Well done Morningstar ….go go FPH
But Ponraj now thinks it has been oversold and trading at a discount for long-term investors – he values it at $24 per share which is more bullish than many other analysts covering the stock.
Company A had huge sales growth and sales peaked in June 2020. Sales decline appears to have bottomed out after 3 quarters but 30% less than their peak
Company B also had huge sales growth and sales peaked in September 2020. Sales are forecast to bottom out after 4 quarters (September 2022) and also about 30% less than their peak
Both companies mention margin pressures
Company A's share is down about 70% from its peak while Company B's share price is currently down 45% from its peak
Company B still has to report further decline in sales - maybe its share price might fall further .... maybe to 70% less than its peak
Maybe not because its margin problem doesn't seem to be as bad as Company A experienced
Last edited by winner69; 07-06-2022 at 12:38 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Company A had huge sales growth and sales peaked in June 2020. Sales decline appears to have bottomed out after 3 quarters but 30% less than their peak
Company B also had huge sales growth and sales peaked in September 2020. Sales are forecast to bottom out after 4 quarters (September 2022) and also about 30% less than their peak
Both companies mention margin pressures
Company A's share is down about 70% from its peak while Company B's share price is currently down 45% from its peak
Company B still has to report further decline in sales - maybe its share price might fall further .... maybe to 70% less than its peak
Maybe not because its margin problem doesn't seem to be as bad as Company A experienced
Well, yes ... but isn't your Company A a one trick pony which did neither understand nor manage the sales channel to supply their biggest customer with product? The result was sort of predictable.
How can you compare this bunch of inepts with the fine management team at FPH?
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
Yeah load of Bollocks, comparing a one trick pony to a finger in every pie company doesn't stack up. Lol BP we must have both had the one trick pony in our minds at exactly the same time.
So over the last year or so a 'bunch of inepts' as well a 'fine management team' have been in charge of a 30% decline in sales .......... and seen their share prices tumble with zillions of share holder wealth gone
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
So over the last year or so a 'bunch of inepts' as well a 'fine management team' have been in charge of a 30% decline in sales .......... and seen their share prices tumble with zillions of share holder wealth gone
FPH sales still up from pre Covid levels but not the milky one.
Originally Posted by winner69
Reply With Quote
Bookmarks