AHX 0.00% 36.0¢ apiam animal health limited

News: AHX Apiam Animal Health confirms FY2017 forecast, page-21

  1. 3,361 Posts.
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    I am new to AHX, like what I see.
    The ROE is low, not the best, not good.
    Looked further the goodwill of $57million , intangible asset
    This amount is not being amortization , why future cash flow is above fair value, as per foot notes #14
    ok very nice but is this a desired practise. It implies a perfect world each acquisition was perfect.
    Are shareholders happy with this.
    With a net profit of $5 implies 12 years amortization, future problem in the making.
    If anyone has looked at this issue would be nice to hear your comments
    cheers
 
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