FPH - Fisher Paykel Healthcare.

[winner69]

Hmm - $260m NPAT would mean an EPS of 45 cents. If we take your prediction of $20 SP, than this would make a PE of "only" 44.

Does not sound that dear these days for a company growing with a roughly 10% revenue CAGR, doesn't it?
..

Earnings growth >20% this year not too shabby

[BlackPeter]

Earnings growth >20% this year not too shabby

True, but long term earnings CAGR (9 years) is 11.6. Still not bad, but not a Ryman either ;

I guess we need to see whether this years earnings growth is just a blip or an indication of earnings growth speeding up.

I am sure the twit in the white house will always be good for bad surprises ....

[dreamcatcher]

GS not impressed

"New mask approved in US; guidance nudged up but largely FX; Sell"

[share4eva]

BlackPeter's downramping didn't work. Lazy $18.32 on close

[etnom]

BlackPeter's downramping didn't work. Lazy $18.32 on close

Share4eve..... being vindictive and silly on being corrected, does show ones immaturity. There's no need for this negativity.

BlackPeter's charts posted on this site have always been informative and appreciated. Perhaps if you spend a little time, read and understand TA basics you would appreciate the effort by posters on this site.... sharing views for everyone's benefit.

[winner69]

Getting to $20 quicker than I thought

And to think the earnings upgrade was essentially currency related

[hogie]

Getting to $20 quicker than I thought

And to think the earnings upgrade was essentially currency related

And the madness continues!! Kind've gutted I sold a big chunk @ $17.50 a week or so ago

[pg0220]

It is pretty hard to believe how the market has reacted... earnings upgrade mainly due to fx changes. Then if currency reverses back to where it was, then downgrade earnings again? Solid business but yeah it is looking quite expensive. But I think people think this is a safe place to leave your money in...

[winner69]

And the madness continues!! Kind've gutted I sold a big chunk @ $17.50 a week or so ago

Yes indeed - you need to heed what my signature says “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

Forget about PE ratios, 19 year CAGRs, RSIs and all those sort of things (suoerfluous and a handicap) and just go with the flow.

Maybe up my expectations ton$25 by Xmas

Kingfish Fund has heaps of these as well so many cheering it on.

[Blue Skies]

It is pretty hard to believe how the market has reacted... earnings upgrade mainly due to fx changes. Then if currency reverses back to where it was, then downgrade earnings again? Solid business but yeah it is looking quite expensive. But I think people think this is a safe place to leave your money in...

But is it "mainly due to fx changes"?
I could be wrong but seems to me somehow a commentators view re fx changes has morphed into the main reason for increase in SP.
I always thought it was mainly due to the early approval & release of their brilliant new OSA mask into the huge US market.
They've managed to solve one of the main complaints from patients who need these types of masks.
FX changes add some icing to the cake.