re: all time high Growth at reasonable price. You get in at a cheap price for the growth in earnings of the company and then watch the PE expand later to reflect that when the market re-rates it. You get the growth in earnings plus the PE expansion.
I'm happy with the report. Earnings grew 22% despite the costs taken to expand the business. Real growth should start to happen next year. IPF is a good business. Now expanding to NZ & HK. Div payout increase shows confidence in future growth by the management.
Nice to hear from you old buddy.
- Forums
- ASX - By Stock
- + + data and comments + +
+ + data and comments + +, page-13
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online