IRI 0.00% 52.5¢ integrated research limited

Ann: FY17 Profit Guidance, page-6

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  1. 273 Posts.
    lightbulb Created with Sketch. 8
    if you want a cheap stock, go buy some junky retail stock stock in decline like TRS at an 8p/e. IRI has just emerged out of a multi-year cup with handle consolidation. have a look at ALL, APX, BWX etc all on on ~30p/e or higher but are all great businesses and they just keep going up. These businesses grow into their valuations.

    Barring a gap higher, i will average up into my position tomorrow and won't be taking profit until my first target of $3.75 is hit
 
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