RMD 1.05% $37.39 resmed inc

ResMed's profit down despite revenue rise, page-13

  1. 496 Posts.
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    I just purchased another small parcel of shares in this company, been watching it for a few months now because my daughter scored a sales position with a local branch.
    The only relevant (shareholder) concern raised by the local store management is the competition from Fischer/Paykel , but they're not too concerned about it because F/P. are selling a cheaper version of the breathing machine, which is only rumored to last half as long as the Resmed unit. If you had to purchase a machine to help you breathe would you buy a cheaper unit to save a few dollars short term? I wouldn't, breathing is on top of the priority list.
    The number of people who have sleep apnea is expected to soar over the next couple of years, as more and more people are being correctly diagnosed with this life-disrupting condition. I suspect that sleep apnea is one of the long term side effects of vaccinations, so it isn't likely to go away anytime soon (especially when the P.M. and his wife are large shareholders in the manufacturers of vaccines, they're making a fortune out of it).
    A 10% rise in the s/p over the last 4 weeks has been great for my superfund balance, helping to offset other shares that have lost ground, check it out!
    "FNarena" have this stock listed as a strong buy, it's also pays a divi!
 
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