API
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0.00% $1.53 australian pharmaceutical industries limited

I'm not sure how to take today's announcement and I don't think...

  1. happypunter
    3,048 Posts.
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    17/04/14
    20:01
    Post #: 13265129
    I'm not sure how to take today's announcement and I don't think the market is either dropped as low as 49 cents today and then fully recovered.

    $131 million write down is not good but npat up 29% from previous period sounds very good - but not sure of details with this - were there some one off factors? If this kind of npat is sustainable over a full year looking at a PE of around 8 or 9 by my calcs.

    I continue to hold for now but not with a huge amount of confidence.
    API Price at posting: 56.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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