IPH 1.81% $5.06 iph limited

Both IPH & MP1 great companies. Both overvalued at this stage,...

  1. 1,163 Posts.
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    Both IPH & MP1 great companies. Both overvalued at this stage, IPH in a traditional sense although I expect another acquisition and some nice additional earnings surprises from the AUD weakening against the USD.

    MP1 is very much in an expansion stage, it has a bright future but it could justify well higher than it is, and well lower with the revenue to date!

    With that said I hold both and expect decent long term returns, I have trimmed my position in IPH a few times on the way up but still hold some
 
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$5.06
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0.090(1.81%)
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