IPH 1.81% $5.06 iph limited

Quick scan of this FY16 presentation & my overall take:...

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    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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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
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
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