FPH - Fisher Paykel Healthcare.

[Biscuit]

Profit upgrade - is it going to go even higher now - PE currently 60 plus

[Blue Skies]

Profit upgrade - is it going to go even higher now - PE currently 60 plus

Yes definitely imo, would any holder sell their FPH shares at the moment? Would have to be crazy or desperate.
With the increasing challenges around hospitals being great incubators for things like COVID-19 & superbug antibiotic resistant viruses, some of the FPH medical devices which get patients out of hospitals faster & able to recuperate in their own homes are a godsend to doctors, financially stretched hospital boards and anxious patients.
These are not non essential discretionary consumer products, they help provide vital solutions to a rapidly increasing problem.
If the ship was sinking & someone could sell you a seat on a lifeboat, you're not going to haggle too much over the price are you.

[Biscuit]

If the ship was sinking & someone could sell you a seat on a lifeboat, you're not going to haggle too much over the price are you.

Why sir, I should certainly never purchase a seat on a life boat

[Blue Skies]

Wow, look at that SP go. I was thinking $30 by end of the year but looks like much sooner.

[share4eva]

Just a lazy $17.64 close the week. Not bad considering it was $15.15 on the 27th August.

Just a lazy $26.05 finish today. Outstanding!!!

[kiora]

Just a lazy $26.05 finish today. Outstanding!!!

Like buying that house in Remas agh. Good for Eva !

[Mr Slothbear]

Just a lazy $26.05 finish today. Outstanding!!!

we had the 2000’s dot com bubble now theres the 2020 corona bubble. FPH and CSL look akin to healthcare tulips.

They both have a long way to fall if it pops.

[Blue Skies]

we had the 2000’s dot com bubble now theres the 2020 corona bubble. FPH and CSL look akin to healthcare tulips.

They both have a long way to fall if it pops.

It's possible to understand at the most superficial glance someone might draw a comparison, but please just think about it.

During the Dotcom bubble, at a time when home ownership of computers in the US was just taking off, many Dotcom companies SP rose over 1000% some even over 2000%, on wild speculation of future profits at the same time they were making huge losses. Every new Dotcom company launch was greeted with an extravagant Dotcom party with investors hardly knowing or even caring what the company did.

But how much revenue did FPH made last year ?
Over $1 Billion, with products sold in over 120 countries around the world & NPAT of $209 Million.
60% of that came from FPH products in the Hospital care range, for respiratory care, acute care, surgical care.
These aren't airy fairy non essential discretionary consumer products, they are life saving, & medical expenditure is the fastest increasing cost for govt's around the world.
Why are hospitals DHB's etc everywhere struggling with their budgets ? Because when it comes to a choice between medical care & saving lives, or saving money, medical care wins hands down every time.
FPH's Homecare products also save lives & also have high (revenue driving) consumables i.e. parts like filters, lines etc which need regular replacing.
Projected NPAT for this year before (Coronavirus) COVID-19 broke was projected at $240 - $250 million.
With many of their products setting the Gold standard in Respiratory care & a significant R&D focus on developing new products the future looks increasingly stronger & is reflected in the ever increasing SP.

[share4eva]

we had the 2000’s dot com bubble now theres the 2020 corona bubble. FPH and CSL look akin to healthcare tulips.

They both have a long way to fall if it pops.

Take your downramping somewhere else

[BlackPeter]

Take your downramping somewhere else

Quite unreasonable post. I think Mr Slothbear is full in his rights to share the same thread as up-rampers.

If you only want to hear your own opinions I recommend you leave this and any other any forum and write emails or memos to yourself. This will fix it :