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  1. #3211
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    Quote Originally Posted by winner69 View Post
    It seems just as well NZD stayed up ..other wise a downgrade?
    You must have a graph, FPH earning vs currency vs something......??

  2. #3212
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    Quote Originally Posted by Sideshow Bob View Post
    You must have a graph, FPH earning vs currency vs something......??
    We’ll get constant currency numbers in due course
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #3213
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    Trading on a P/E of 56x???

  4. #3214
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    Quote Originally Posted by Rawz View Post
    Trading on a P/E of 56x???
    Apparently a couple of years ago somebody asked Lewis the CEO whether he’d acquire FPH ….response was along lines of great company but not at this price
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #3215
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    Quote Originally Posted by Rawz View Post
    Trading on a P/E of 56x???
    At the midpoint of $255m, I got 55......

    Based on the last dividend, yield is 1.66%

    Think we put in the same box as AIA and POT for the mystery of its share price???

  6. #3216
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    Quote Originally Posted by Rawz View Post
    Trading on a P/E of 56x???
    Only 35 times F26 earnings forecast
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #3217
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    Cheap as chips then
    I wonder what Couta thinks?

  8. #3218
    Speedy Az winner69's Avatar
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    FPH always had a high PE ….some say deserves it because if it’s high ROE ….others because if it’s growth profile etc etc

    Anyway here’s how the PE has tracked over the years ……based on current earnings …not forecast earnings

    A bit out of date …the line has gone higher since I updated it earlier lol
    Attached Images Attached Images
    Last edited by winner69; 22-03-2024 at 11:02 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #3219
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    FPH up 500% over the last 10 years. A quarter of that gain is due to multiple expansion. Thats cool

  10. #3220
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    Quote Originally Posted by Rawz View Post
    FPH up 500% over the last 10 years. A quarter of that gain is due to multiple expansion. Thats cool


    Multiple expansion are cool

    Findi great example ….and when 2CC gets to 2 bucks that’ll be great as well

    And even then probably not on outrageous multiples either
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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