Always looked like a good company but always too dear.
Yes, I went for years thinking that about FPH but took the plunge during a couple of their down spells last year - and now well in the black. One of NZ's few genuine growth companies IMO and worth adding to when opportunities arise.
Yes - steady as she goes. Good improvement, though annual revenue grew slightly less than analyst predictions. Earnings growth as expected, but just imagine they could have booked the $20 m they spent on lawyers as profit as well - this would have been a rocket!
Positive outlook, though somewhat reduced compared to analyst predictions. Allowance for this years lawyers bills?
Increasing dividend, bringing the annual dividend up to 19.25 cents. Well, this is obviously not a dividend stock (with less than 2% dividend return), but still nice.
Discl: hold and hope for less litigious times to come ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Looks like an all time high(my chart only goes 10 years) on big vol; and the $NZ been trending up too!.RMD not quite there but close.
Hmmm
FPH getting to that level where I might consider selling some ... the stock currently makes up more than 40% of my portfolio and I bought at $4 ... decisions ...
BP, thanks. Meanwhile yes you're right hardt re RMD playing the game(because there you can).
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Originally Posted by Joshuatree
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