EMV emvision medical devices ltd
Add to My Watchlist 1.71% ! $1.78

Hi dpbear, thank you for your question and I am sorry for my...

  1. vmos
    77 Posts.
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    19/10/24
    15:35
    Post #: 76202281
    Hi dpbear, thank you for your question and I am sorry for my late reply. I have only just seen your message.

    I am sticking with my earlier conservative forecast. I think it may take some years after FDA approval to reach sales of 5000 units but in the early years it will have a high PER to reflect its growth potential. Just look at Pro Medicus (PME) with a forecast growth of about 30% pa and a PER over 200.

    I have no doubt our new technology works but for me the big question is how well it works. If it has very high accuracy, then we will enjoy very high sales growth with a very high PER.

    Seems to me the share price has been asleep for around the last 6 months but will soon wake up to reflect its potential. We just need some real positive news from Scott.

    Exciting times are coming.
    EMV Price at posting: $2.09 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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