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$19.18 neuren pharmaceuticals limited

NNZ-2591 * too late to edit my post, woops. You all know what I...

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htae39

1,427 Posts.

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24/04/24

17:42

Post #: 73503033
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Originally posted by htae39: ↑

I agree. I wouldn't sell at these prices even if we didn't have NNZ-2256!

Daybue guidance (70m AUD) on a 40 forward PE = 2.8B AUD. We also have 250m cash on top of this. Zero value assigned to NNZ-2256

This 40 forward PE is very reasonable because:

Peak sales won't be achieved in the first full year, so there will be growth in the coming years (North America)
Additional geographies will add more sales, even if the pricing isn't as strong as North America (Europe and Japan, EMA)
Milestone payments aren't included in my calculations, but they go straight to earnings. These milestones are reasonable and many of them can be hit within a reasonable time frame. An additional 77m~ is projected to be comfortably hit based on the guidance already provided.
PRV isn't included in these calculations.
We have very low expenses compared to peers and, our expenses spent on R&D are partially a tax deduction.

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NNZ-2591 * too late to edit my post, woops. You all know what I meant
NEU Price at posting: $18.85 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last $19.18		Change -0.520(2.64%)		Mkt cap ! $2.463B

Open	High	Low	Value	Volume
$19.80	$19.80	$18.85	$1.844M	95.74K

Buyers (Bids)

No.	Vol.	Price($)
4	237	$19.17

Sellers (Offers)

Price($)	Vol.	No.
$19.19	52	2

View Market Depth

No.	Vol.	Price($)
8	222	19.140
2	76	19.130
3	196	19.120
3	165	19.110
4	461	19.100

Price($)	Vol.	No.
19.160	67	9
19.170	289	8
19.180	208	6
19.190	265	6
19.200	674	3

Last trade - 12.17pm 06/05/2024 (20 minute delay)


Last $19.22			Change -0.520 ( 2.68 %)
Open	High		Low	Volume
$19.76	$19.80		$18.86	36273
Last updated 12.36pm 06/05/2024 ?

NEU (ASX) Chart

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