RMD 1.80% $36.00 resmed inc

1st quarter

  1. 300 Posts.
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    Another record quarter exemplifying strong growth ahead of market trajectory. The pull back today was a typical reaction really (buy the rumour sell the fact) and imo will be short lived. At the conference call the CEO said he didn't want to sound like a broken record but RMD was growing at twice the market rate (market 20%, RMD 44%). Main competitor Respironics only 17%. With new products in the pipeline for remainder of FY07 he is anticipating continuing strong global growth. And he was very exited about the extremely robust operating cash flow of $35m to take advantage of that strong global growth. I listened to most of the call and was very impressed with how all the questions were answered in great detail. This is a very good company imo selling a very good product and is a great long term growth stock.
 
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Last
$36.00
Change
-0.660(1.80%)
Mkt cap ! $22.38B
Open High Low Value Volume
$35.95 $36.08 $35.49 $37.48M 1.046M

Buyers (Bids)

No. Vol. Price($)
15 567 $35.99
 

Sellers (Offers)

Price($) Vol. No.
$36.00 82 5
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Last trade - 15.20pm 15/11/2024 (20 minute delay) ?
RMD (ASX) Chart
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