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Hammered today dingo ;currently $6.73 , low so far $6.69 re 40 mill shares thru. Hows my timing Thinking of topping up. Few companies of this mkt cap have the long term track record of RMD.
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Increased my holdings by 25% yest @ $6.73 ;am still in the black(bought first third a while back) but much less so.Closed at $6.99 today. Could be more ops;s/p recovery may take a while.
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Hi Joshuatree,
Looks like SP is rising.
Indicated right now to open at $7.02.
So up 33 cents from the low or 5% ish and 4.3% in your case ...
I read the report on the trial.
The headlines and some broker recommendations have impacted the SP (eg The Bull today)
My recollection is that it was a smallish trial and it was of people who had already experienced heart failure ...
Last edited by Toulouse - Luzern; 18-05-2015 at 11:47 AM.
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Yeah TL a blip on the longterm rise and a rare chance to average down. Ive ordered myself not to meddle with stocks like these and that its the sitting that will increase my wealth.
This from a very knowledgeable person.
"This is a company whose market value has, over the last two decades almost , risen by an average rate in excess of 25% pa. This has been supported by compound annual growth rates for rev,EBITDA and NPAT of 20%,22%and 25% pa , respectively".
No reason why the next decade won't be the same for this industry leader, esp with the world currently getting fatter.
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Member
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Supreme court saves Obamacare. This is good for RMD and FPH re funding in the states
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Trump dealing to Obamacare.Whats going to happen to the 20-30 million folks who won't be able to afford health insurance?
Meanwhile RMD up 7% on results today
ResMed Announces Results for the Second Qtr of FY 2017
Dividend/Distribution - RMD
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New all time high $15.90 today .PE 53 plus!! (on ASB). Flicked a few off for some cash.
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