I'm still holding, but the main problems with the report, and these are fairly significant, were:
1. Deterioration in generics business. Explained as a result of being the nature of generics, that you make super profits one year and this disappears fast. This says MYX portfolio is not sufficiently diversified to weather downturns like this, and also that no new product launches to make up for older items.
2. Delays with Nuvaring. See 1 above, Nuvaring should be the next new generic product that brings in the $s
3. Improvement in SPD is great, but came with a higher cost. If you recall they hired all these additional sales force. Great that the tactic is working, but the amount of additional cost was a bit unexpected and has disappointed the market.
1 & 2 are just timing, so if you continue to hold should see a good rebound. (3) isn't a huge deal to me, SPD is a smaller part of the business.
- Forums
- ASX - By Stock
- MYX
- $2 here we come....
$2 here we come...., page-781
-
- There are more pages in this discussion • 240 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MYX (ASX) to my watchlist
|
|||||
Last
$4.71 |
Change
0.070(1.51%) |
Mkt cap ! $400.7M |
Open | High | Low | Value | Volume |
$4.67 | $4.75 | $4.62 | $953.1K | 203.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1236 | $4.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.72 | 620 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1236 | 4.710 |
1 | 13000 | 4.700 |
1 | 190 | 4.690 |
2 | 190 | 4.680 |
3 | 810 | 4.670 |
Price($) | Vol. | No. |
---|---|---|
4.720 | 620 | 1 |
4.730 | 810 | 2 |
4.740 | 810 | 2 |
4.750 | 735 | 2 |
4.760 | 188 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
MYX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online