MVF 2.24% $1.14 monash ivf group limited

Ann: Monash IVF 2014 Financial results media release, page-2

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  1. 1,685 Posts.
    lightbulb Created with Sketch. 11
    They have exceeded their targets for FY14. They have advised they are on track to deliver their FY15 target of $26m NPAT.

    Quote from this media release:
    "Based on current forecasts and information, Monash IVF Group is on track to deliver on its
    FY15 forecasts as outlined in the Prospectus of June 2014."

    Current PE is ~79. Forward FY15 is ~14.7 if they hit their target of $26m NPAT. Need to remember that the IPO costs incurred in FY14 will not be there in FY15. Large institutions are on the share register. The current price of $1.65 is ~10% discount to the IPO price of $1.85. This is a strong buy IMPO at this price.

    DYOR
 
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$1.14
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No. Vol. Price($)
1 5302 $1.13
 

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Price($) Vol. No.
$1.14 15252 1
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