Thanks for the reply

First 793 Last

Share
Profile

Follow
Bull007

213 Posts.

52

26/02/19

11:44

Post #: 37569669
Share

Originally posted by hotcoppa ↑

I collated them through various access points I have so no link possible sorry. If there's a particular stock you want to know about I might be able to help.

Morningstar updated their fair value estimate last night and released an updated report also.
Fair Value down to $1.05 from $1.26.
Noted a disappointing result. higher level of uncertainty in the business due to price competition in generic division. Causes increase in WACC.
Company maintains a strong pipeline of products that provide a solid platform for growth. 14 products pending approval with the FDA with addressable market worth $3bn. I disagree. Broker estimates in isolation can easily be dismissed, especially when groups like Macquarie say the result was in line with expectations and then they reduce their target price.... maybe it was the outlook statement that caused the change.
As a group, the broker estimates contribute to consensus estimates/forecasts and these consensus estimates and forecasts are used by many institutions in preliminary quantitative screening tools. If a company appears cheap on the basis of quantitative metrics, then some institutions will look at it further. Most instos will perform their own modelling but the external estimates are an input in some cases.
On the whole, the broker reports indicate that the company is inexpensive and worthy of a further look, at current prices. I'd prefer that then all the brokers saying it is at fair value.
Yeah probably but bot all, the stock looks oversold to me on the basis of the RSI.

Expand

Thanks for the reply

MYX Price at posting: 72.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

PH2

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

I88

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

29M

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

There are more pages in this discussion • 228 more messages in this thread...

First 793 Last

Add MYX (ASX) to my watchlist

(20min delay)
Last $4.68		Change -0.050(1.06%)		Mkt cap ! $398.1M

Open	High	Low	Value	Volume
$4.67	$4.76	$4.65	$606.2K	128.8K

Buyers (Bids)

No.	Vol.	Price($)
1	48	$4.68

Sellers (Offers)

Price($)	Vol.	No.
$4.70	105	1

View Market Depth

No.	Vol.	Price($)
1	48	4.680
3	3637	4.660
3	9938	4.650
2	794	4.640
1	105	4.630

Price($)	Vol.	No.
4.700	105	1
4.710	105	1
4.720	794	2
4.730	794	2
4.740	794	2

Last trade - 16.10pm 22/07/2024 (20 minute delay)

MYX (ASX) Chart

Thanks for the reply

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks for the reply

Top Stories

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News