"It is going to take two or three years of double-digit growth in operating profits chewing into the current valuation multiples before the stock gets to a point where it is reasonably valued once again."
I'll let the share price take care of itself over the next few years and make do with the nice FF dividend for now. ARB is 15% of my portfolio and I'm more than comfortable with that.
ARB Price at posting:
$21.30 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)