Quick scan of this FY16 presentation & my overall take:
Currently priced at a p/e of 22ish, only modest growth factored in. The plan looks reasonable and getting a toehold in North America and/or Europe should deliver upside growth.
Respectable free cash flow @$39 million.
With $58.5 mill cash & $95 mill undrawn facility (no debt) the balance sheet looks extremely healthy and in the current economic climate they should be able to pick up a few more strategic acquisitions for low prices.
Looks like a reasonable hold & maybe even a decent buy right now.
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- Ann: Presentation by Managing Director and Spruson & Ferguson CEO-IPH.AX
Quick scan of this FY16 presentation & my overall take:...
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Last
$5.06 |
Change
0.090(1.81%) |
Mkt cap ! $1.578B |
Open | High | Low | Value | Volume |
$5.02 | $5.09 | $5.01 | $3.732M | 737.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3296 | $5.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.06 | 3392 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1335 | 5.980 |
6 | 25069 | 5.950 |
2 | 6370 | 5.940 |
1 | 3489 | 5.930 |
1 | 534 | 5.920 |
Price($) | Vol. | No. |
---|---|---|
5.990 | 2951 | 3 |
6.000 | 5688 | 3 |
6.010 | 8304 | 2 |
6.020 | 7870 | 3 |
6.030 | 16750 | 2 |
Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
IPH (ASX) Chart |