Company Report
Last edited 2 years ago
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#Bull Case
stale
Added 3 years ago

PPH is down about 4% today ($1.54). Are investors nervous ahead of the FY 2021 presentation this week? According to the consensus of 5 alalysts PPH is now trading at 20 times 2023 earnings. This sounds very reasonable to me, particularly if the company can maintain current growth. Even at 30% growth the share price is very attractive today. I've got faith (excuse the pun) in the growth story shown in the attached chart and have been topping up on PPH today at around $1.50.