I paid a premium for AHZ in the past. I was attracted by the "story", i gave too much merit to qualitative measures of company performance (and was mistaken), and i failed to consider all aspects of the company before appraising its likelihood of success, and finally its value. I also massively underestimated the time it takes for new products to gain traction in new markets.
I overpaid for my initial purchase(s). No doubt.
I recently purchased at $0.33, $0.31, & $0.265, and i am more than comfortable with the price paid. Although valuing a company such as AHZ at its current stage is difficult and fraught with danger (as evidenced by the numerous "analyst" reports that have proven to be complete garbage), i feel that the "premium" at this level is completely justifiable.
- 50%+ revenue growth is worth paying a premium for
- Management who cut OPEX by 25% are worth paying a premium for
- 68% Gross margins (and growing) are worth paying a premium for
- Global talent recruited from the worlds largest and most successful Pharma & Bio-Tech companies are worth paying a premium for.
Besides which, if my projections (which are far more conservative than the stated 2020 targets) are in the ballpark, we are currently paying 13.5 x FY19 Earnings for the company.
If i had my time again i would have been more patient, smarter, less influenced by investment biases etc etc. With todays SP though, and the currently available information, AHZ is most definitely a BUY - and worth paying a small premium for.
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Last
$12.19 |
Change
-0.010(0.08%) |
Mkt cap ! $257.6M |
Open | High | Low | Value | Volume |
$12.19 | $12.20 | $11.60 | $173.1K | 14.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9 | $11.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.19 | 28 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9 | 11.970 |
1 | 1000 | 11.680 |
2 | 520 | 11.600 |
1 | 1000 | 11.500 |
1 | 80 | 11.250 |
Price($) | Vol. | No. |
---|---|---|
12.190 | 28 | 1 |
12.200 | 1789 | 1 |
12.500 | 500 | 1 |
12.850 | 99 | 1 |
13.300 | 200 | 1 |
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