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FPH - Fisher & Paykel Healthcare Corporation

Joe Blow

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Fisher & Paykel Healthcare Corporation Limited (FPH) is involved in the design, manufacture and marketing of heated humidification products and systems for respiratory care and treatment of obstructive sleep apnea. Exporting to over 120 countries FPH's head office and manufacturing operations are located in New Zealand. Major clients are hospitals, home healthcare providers, distributors and manufacturers of medical devices.

http://www.fphcare.com
 

Country Lad

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Interesting that this one has never been mentioned. It rose on the market's last 2 down days.

Cheers
Country Lad

fph 25 May 13.gif
 
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Hi,

It has certainly been a big winner for those who (are still holding) purchased stock when it last bottomed out in July 2012 (and are still holding). If their medical equipment is as good as their washing machines then I'm not surprised they are selling so well. Today's close of $5.62 is another break into
Blue Sky on increasing volume. The company's FY2015 Half Year Results Presentation were released to the market just 3 weeks ago and it as since rose 10%.

You can read it by clicking on this link:
- http://www.stocknessmonster.com/news-item?S=FPH&E=ASX&N=830643

Total Shareholder Return (avg annual rate) - 1yr = 57% 3yr = 49%
Debt/Equity Ratio for the company is 26.9% compared to the market of 31.1%


Company
P/E Ratio 29.80
P/B Ratio 7.93
P/E Growth 1.88
P/S Ratio 5.70


Please be advised that this isn't a recommendation but purely my view - please do your own reseach if you are thinking of either buying or selling this stock.
 

Wysiwyg

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FPH made an intraday all time high but a $100k sell at 1.53pm saw price fall back to near yesterday close. Second rejection of higher prices in a row. Maybe a pullback. Don't know, don't care, just feeding the repeater.

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rnr

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FPH re ASF 2019-12-11.png

Feb 25, 2016 was the 5th & last post on this thread when the price closed @ $8.35. As can be seen from the above chart he close of today was $20.64 just 52¢ short of the ATH of $21.16.
Yesterday's bar had a range of 66¢ so quite capable of taking out the ATH within a short period of time OR perhaps an a-b-c wave is forming and price might move down below the $19.60 before taking on the ATH.

I don't hold.
 
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I don't hold.
Please don't remind me of another one that got away from me. I was shaken out by some abnormal volatility (late 2018) and never re-bought. Arrgh.

FPH's humidified gases make a big difference to the health and recovery of patients requiring ventilation assistance.
 
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This one kills me. Remember looking sub $9 thinking “mmm little expensive”. Nekminnit
 

galumay

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LOL! Me too, never got over feeling it was too pricey. I have made the same mistake a few times, also got it right a couple, REH & TNE being two I overcame my belief that they were too expensive at the time.
 
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I entered last week for a short term trade and up a smidgen at the moment.

FPH broke through $22 and set ATH @ 22.19 before closing $22.02 on Friday which I saw as a positive, so looking forward to FPH continuing it's run next week.

upload_2020-1-25_18-11-20.png
 
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Nice close for the week and another ATH set @ $22.47

Holding
 
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This one has far exceeded my expectations. That $9 is a distant memory now.
 
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Name has healthcare in it, with a virus scare/epidemy, it can only be a winner.i hesitated between then and ANN then doubled up on ANN .time will tell
 
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Since this is a company that specialises in products addressing respiritory health issues, I thought it might be a good bet for the April 2020 tipping competition.

The chart still looks good too! Fingers-crossed it doesn't crash and burn now I've said that.....

fph.PNG
 
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Livewire Markets: Fisher & Paykel Health..... A manufacturer of a number of different products. One of them is ventilators, which has obviously put them in the spotlight. It's had a cracking year. Buy, hold, or sell? Can it do it again?

Jun Bei Liu (Tribeca): Fisher & Paykel is a hold to sell. Look, I think it's an incredible company, it's probably a sell for me at this point. It's an incredible company, done really, really well and delivered significant amount of earnings growth because of COVID-related products pull-through. And we think structurally will mean, and the hype for their product and the demand, will be significantly higher.

However, the current lump earning is pull forwards of many years of growth in their future. And with the earnings of trading more than 50 times it certainly seems they're bit too rich at this point. We prefer the cheaper alternative such as ResMed at this point.

Livewire Markets: Too rich for Jun Bei. Are you a buy, hold, or sell on Fisher & Paykel?

Eleanor Swanson (Firetrail) : Yeah, we agree. Fisher & Paykel is a sell. As you've alluded to, two thirds of the business is focused on ventilators, selling them to hospitals. And just given COVID, Jun Bei has alluded to the pull forward of demand there. We do think some of that is sustainable, so they will retain some of the market share they've gained for this nasal high flow product.

However, over 50 times earnings well and truly price priced in, and in addition a third of the business is focused on sleep apnea and they're actually losing market share in this segment, so it's a sell for us.
 
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if it helps and behind the sensational news: ventilators are a negative for covid life expectancy, read a bit about that, by the time you put someone under ventilation, it is a bit late for a better than 50/50 pc chance of survival...based on European experience, while the initial phase was a rush for ventilators in China, France Spain and Italy, this is not the case anymore and avoided if posible as it create more inflamation and scars if I read it properly;
as a result, I would say: sell as quickly as possible as they surf the wave of gov orders which will quickly dry up.
 
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