I sold out of a 4% portfolio position on market open. To my reckoning the price was too high for underlying growth of 3% over the (I think) pcp. Apparently they are forecasting 6-8% organic for the year. I get plenty wrong too so will have to see what the fundies think (i.e. share price action). Like you when I read the first page it looked great, but dig a bit deeper and it was pretty disappointing.
To any long term holders this is a great company and would have held on if the price was not so high. Currently even CSL on a PE of 40 and growth of 10-12% p.a. seems a little better value.
Only time will tell if I regret my decision, as I don't like to sell quality companies.
Ann: CEO Presentation Half Year Results to 31 December 2019, page-5
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SHL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$27.05 |
Change
-0.110(0.41%) |
Mkt cap ! $12.94B | |||
| Open | High | Low | Value | Volume |
| $27.20 | $27.29 | $26.90 | $2.130M | 78.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 630 | $27.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.06 | 828 | 24 |
View Market Depth
| Last trade - 13.27pm 07/10/2024 (20 minute delay) ? |
| SHL (ASX) Chart |