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10:53
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Originally posted by bedger
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Loosely agree on all but one thing, the market has only proven me wrong since the Bio Horizons deal (and btw I think if you spoke to Paul and John they thought this result was very good contrary to the market and average Joe on the street [and Hot Copper] as you say). Where I have called the market wrong, was not repeating that behaviour of 8 years that after the BioHorizons deal. I thought the market would finally wake up to the potential forward earnings valuation (with a healthy risk discount) on this stock, and it would thereafter make a sustained rally, on signing a deal that pretty much assures its future past getting Remplir to US and global mkts, with a top 5 global dental pharmaceutical giant and a Fortune 500 company. Who amongst us didn't? Perhaps yourself, but all things equal, how is this stock trading for essentially the same valuation in April 2024 that it was in April 2022 ahead of the BioHorizons/Henry Schein deals? This company is suuuuuch a different risk and likely forward earnings prospect to what it was two years ago - hence it doesn't wake me up at night and I buy the dips (I almost rival some of our Board members in ownership, that we shareholders have so richly rewarded in our passiveness in AGM votes).Good luck shareholders . The sales receipts in absolute terms are too low for most clearly, but have been for while. The 2022 cash bonanza from the BH deal practically assures it will get Remplir to market and bump those sales receipts up ever more. Taking emotions and opinions out of it, these 3Q 24FY were up +143% on 3Q 24FY. The trailing yearly cash receipts of the last four quarters combined (the basic finance industry standard starting point on companuring revenue growth) grew +89%. Undeniable empirical facts.
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I stand corrected. Yes, mate, you were right in that regard, very true. I always thought selling begets selling and wasn't a fan of you encouraging people to trade the stock every tiem is spiked, but you were right in that regard.
(20min delay)