CMP continues to impress me with contract with hospitals and large institutions both domestically and internationally, further strengthening its competitive advantage and proof of its technology.
This is operating in health care segment, much more defensive to economic depression, because people always need health care, no matter they are richer and poorer.
CMP is No. 1 players in its market. I cant see significant negative impact from recent sluggish growth from China and Europe. In fact, AUS dollar is dropping against major currency, CMP profitability would stay strong.
Value keeps increasing, yet the recent sell-off spree in the market presents a great entrance price.
I see great upside in terms of valuation. CMP is a low-turnover stock, yet Mr Market rushes to dump shares at cheap price.
CMP Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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