I paid a premium for AHZ in the past. I was attracted by the "story", i gave too much merit to qualitative measures of company performance (and was mistaken), and i failed to consider all aspects of the company before appraising its likelihood of success, and finally its value. I also massively underestimated the time it takes for new products to gain traction in new markets.
I overpaid for my initial purchase(s). No doubt.
I recently purchased at $0.33, $0.31, & $0.265, and i am more than comfortable with the price paid. Although valuing a company such as AHZ at its current stage is difficult and fraught with danger (as evidenced by the numerous "analyst" reports that have proven to be complete garbage), i feel that the "premium" at this level is completely justifiable.
- 50%+ revenue growth is worth paying a premium for
- Management who cut OPEX by 25% are worth paying a premium for
- 68% Gross margins (and growing) are worth paying a premium for
- Global talent recruited from the worlds largest and most successful Pharma & Bio-Tech companies are worth paying a premium for.
Besides which, if my projections (which are far more conservative than the stated 2020 targets) are in the ballpark, we are currently paying 13.5 x FY19 Earnings for the company.
If i had my time again i would have been more patient, smarter, less influenced by investment biases etc etc. With todays SP though, and the currently available information, AHZ is most definitely a BUY - and worth paying a small premium for.
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Last
$15.25 |
Change
-0.250(1.61%) |
Mkt cap ! $322.3M |
Open | High | Low | Value | Volume |
$15.50 | $15.50 | $14.80 | $140.4K | 9.315K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 297 | $15.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.25 | 1300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60 | 14.800 |
1 | 206 | 14.500 |
1 | 1388 | 14.400 |
1 | 60 | 14.350 |
1 | 38 | 14.260 |
Price($) | Vol. | No. |
---|---|---|
15.250 | 1300 | 2 |
15.400 | 238 | 1 |
15.500 | 370 | 1 |
15.660 | 1925 | 2 |
15.950 | 848 | 2 |
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