MPH 7.58% 6.1¢ mediland pharm limited

price pretty hard to work out

  1. 7,409 Posts.
    Another great announcement, forecasting growth of 25% profit this financial year. Share of Australian market was 6.9%, up from 3% previous year, and in first 2 weeks of this financial year has taken an estimated 10% share. 35% of households have DVD players, expected to increase to 50% by Christmas. The company has announced profit upgrades during the year.

    Yet the price remains stagnant. Alot has happened in the last 6 months yet the shareprice is approximately the same as it was then. The stock is very tightly held, so it is hard to understand why the stockprice is not rising according to its immense growth prospects. They have certainly outperformed business-wise, I wonder when this will be reflected in the shareprice, will just have to be happy with the dividends for the time being.


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