RMD is the most quality of stocks available on ASX, strong...

RMD is the most quality of stocks available on ASX, strong products, dynamic& visionary management, SH friendly company. I have seen their huge growith especially in India which is still in nascent stage may be only 0.5-1% population penetration imagine this to increase to 5-8% of Indian population using their products and remainder 4-5% FPH products, similar scenario in China.....

Huge and LT growth prospects, I hold this stock since $5 days and have no intent to sell before 2030!!

Day to day fluctuations doesnt bother me and anything like this is good add on opportunity for me so I bought another 1000 of this baby in my kitty at 13.09 today.....

Coming to P/E most of Australian companies who have 0 growth commands p/e of 12-18 including banks, supermarkets, coca cola etc so if the companies with no growth or negative growth commands a p/e of ~18 why RMD growing at 10%+ (annualised) cant deserve a p/e of 40??????

This is one of those quality company which will assist me big time in my super for my retirement and I dont get any sleepless nights ever with this stock.....

With growing populations in India and China this baby has huge potential in next decade!!

RMD will be $15+ in no time...and we shall hit new 52 wk high before next set of results if general markets dont break big time....

dyor