NAN 1.07% $2.83 nanosonics limited

It is the Consumables Stupid, page-4

  1. 1,972 Posts.
    lightbulb Created with Sketch. 100
    So if Promedicus is at nosebleed valuation on a pe of 80 how would you describe NAN at a pe of 160 !

    Even the blue chip CSL ,considered overpriced by some,is on a pe of 40 and paying dividends.

    There is no doubt that NAN is a great stock with a stellar future but it is overpriced.It woud have to QUADRUPLE its earnings to get down to a pricey pe of 40.

    Perhaps I have made a mistake but I have sold out and hope to re-enter at a much lower price.
 
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