I take it as a sign the players genuinely believe MYX has turned the corner and are getting their fill of the games before their chance disappears (Feb2020), or they are making a colossal mistake. One of the two.
The company has said every division is expected to grow, with costs also flagged to come down. Combine that with the E4/DRSP and Nuvaring (market of ~$1b USD with no generic equivalent) roll out (plus others) in the coming couple years and it appears that double-digit revenue and profit growth might just be locked in for years to come.
On E4/DRSP specifically - Peak sales has the potential to exceed USD$200m, or ~18.4c/share (exchange $1.46*USD$200m/1,582mshares). Personally, and given this is a natural estrogen and something new, the first estrogen to hit the US in ~50 years, i think it can be much bigger than that. Why can't it take over Nuvaring, or relegate it to a $100m-$200m market, in time?
On a macro level, and improving particulars from the U.S. aside, there was an interesting article in SMH today talking about how many economists are tipping the bottom/near-bottom of the rate cycle and believe QE is coming to the RBA. If this plays out, as well as short-long term growth seemingly locked away, there will be the asset inflationary impact of QE.
- Forums
- ASX - By Stock
- Ann: E4/DRSP contraceptive presented at EU gynecology conference
I take it as a sign the players genuinely believe MYX has turned...
-
- There are more pages in this discussion • 2 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
$5.25 |
Change
0.060(1.16%) |
Mkt cap ! $446.6M |
Open | High | Low | Value | Volume |
$5.16 | $5.27 | $5.05 | $1.936M | 373.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1150 | $5.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.27 | 4150 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2400 | 5.170 |
1 | 2400 | 5.110 |
1 | 196 | 5.100 |
1 | 907 | 5.070 |
3 | 13125 | 5.050 |
Price($) | Vol. | No. |
---|---|---|
5.270 | 3000 | 1 |
5.290 | 5000 | 1 |
5.300 | 5000 | 1 |
5.310 | 4000 | 1 |
5.340 | 5000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
MYX (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online