RMD 4.36% $29.90 resmed inc

weight loss & RMD ?, page-65

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    naa...$15 implies a PE of 16 which implies growth at fair value of around 16%
    To my way of thinking, 16 might be a tad too negative.
    Looking at the stocks history 22 has been one of it lowest PEs so I am thinking 22.
    22 implies a LOT of growth but not outrageously so
    I spoke to my doctor the other day and he said there will always be a need for CPAP machines but maybe not as much as before once people start taking off the weight.
    22 x 92 cents = $20.24
    so I reckon the stock is likely to go to $20
 
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