A good year, page-3

First 3 Last

Share
Profile

Follow
slc4me

4,306 Posts.

01/01/16

13:21

Post #: 16712367
Share

Originally posted by cafa ↑

Wishing all a very prosperous New Year.

Thought it was worth taking stock, as it is so easy to forget how far we have come.

One year - started as about $28, rapid rise to $39, crash down to $16-18, and ended at $40. Overall about 45% gain on the year.
A few +ve
Sales increased Y-on-Y despite the 'bad' data from the trial.
Divi increased again.
Elevation to the ASX 100 index
Significant cash reserves, as % of annual sales.
Another year of record dose sales, turnover and profits.
Recruitment completed for the HCC trail in France.
First ever guidance on future sales growth.
Falling AU$ should show benefits in the 1/2Y data in Feb 2016.
SRX 'promise' to explain some of the research.

View attachment 128519
Two year view. About $13 to $40. A tad over 75% compound growth.
75% in 2016 would be most welcome
View attachment 128518

The weekly view shows the 20 week line, most of the time, above the 50 week, and that above the 100 week.

Expand

Happy and prosperous new year Cafa. Thanks for your posts - very informative and greatly appreciated.
For me in 2016 I am happy for SRX to bump along at 20 to 25% top line growth with the bottom line getting a healthy leg up thanks to an exchange rate benefit. SP should be around the $40 to $45 mark. The next big leg up will come from SARAH (late 2016?). If it kicks Bayers back side then I would think a re rate to $50 to $55 plus maybe a takeover premium will make SRX another great performer for holders like ourselves.

Anyway lets see how the 1st half numbers look before I get too carried away. Onward and upward!

Last edited by slc4me: 01/01/16

SRX Price at posting: $40.05 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

HotCopper Highlights: Your most watched and most discussed stocks this week