Share Investor: Fisher and Paykel Healthcare

Showing posts with label Fisher and Paykel Healthcare. Show all posts

Sunday, February 1, 2009

Long vs Short: Fisher & Paykel Healthcare

In this forth installment of the Long vs Short series I am once again going to take look at the chart comparisons for a stock from the Share Investor Portfolio and compare the 10 year return (above) to the turmoil of the last year with a 1 year return chart (large chart at bottom of post).

In this series I want to show the merits of investing, using charts, for the long-term vs short term gains or losses. I will use the longest available data to me for the long-term view (10 years )and will make a comparison against the NZX50.

In the forth of this segment of Long vs Short I will take a look at Fisher & Paykel Healthcare [FPH.NZ]

I have held 2000 Fisher and Paykel Healthcare shares since May 2007 and have added more since then to take the total to 5000 (see small chart below for detail)

My Portfolio			About
Symbol	Price	Value	Earned
FPH.NZ	$3.38	$16900	$3550

You own 5000 [FPH.NZ] shares purchased at $2.67 [$13350]

My total return after 18 months or so is just over 26%. That is after dividends and tax credits are added and brokerage applied.

Very good considering current market conditions.

If I had held this stock for a full ten years (see large chart at top) my return would have been over 210%.

By comparison if I had held the stock for just one year (see large chart below) my return would have been a loss of 35%.

This is in spite of the stock being a relatively good performer this year.

No stock in this series, yet, has proven to be a loser over the longer 10 year period and Fisher & Paykel Healthcare is no exception.

http://chart.bigcharts.com/custom/fairfax-com-nz/chart.asp?rnd=0.3338466193181723&style=2242&symb=FPH&size=1&type=64&time=1yr&freq=1dy&comp=&compidx=NZ50G%7E1392984&ma=&maval=&lf=&lf2=&lf3=&uf=16384&arrowdates=&arrowlegend=&country=NZ&sid=162937

Long vs Short series

Mainfreight Ltd
The Warehouse Group
Sky City Entertainment

Fisher & Paykel Healthcare @ Share Investor

Why did you buy that stock? [Fisher & Paykel Healthcare]
Drinking and Trading
Big Fisher & Paykel Healthcare share trades a curious tale
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance

Related Links

Fisher & Paykel Healthcare financial data

Wednesday, December 17, 2008

Share Investor's 2009 Stock Picks

It is that time of the year to pick stocks for 2009.

In the face of a global recession, an uncertain economic future and dwindling values, even for good assets, it is going to be hard to pick winners.

Please keep in mind dear readers that the picks are my own and they reflect my investment philosophy and not necessarily anyone else's.

My picks are based on a long-term view, regardless of the current short to medium term market turmoil and economic uncertainty.

Fisher & Paykel Healthcare
[FPH:NZ]

With that in mind I will kick off my picks with a company that I consider will be one of the big successes of the next 5-10 years, Fisher and Paykel Healthcare, the health care products provider.

I had it as a pick for 2008 and it has been one of the better performers this year, even though it is still well off its highs share price wise.

Company profit forecasts to March 31 2009 have been estimated at NZ$84 million and revenue is also set to grow as it has done for the past.

Fisher profits are largely immune from the current market turmoil as buyers simply have to have the products that the health care company makes regardless of a global recession.

This invincibility from outside economic influences makes the pick for my next stock a relative no-brainer.

Ryman Healthcare, the retirement home operator, carer and developer, has been increasing revenue and profit for many years and the most current profit result shows that there has been no let up in this trend with a rise of 10% to NZ$25.9 million.

Development of new villages has increased apace over the last year and there are at least half a dozen new ones ready to go at beginning 2009, including two massive villages at Orewa and Whangerei.

The long-term prospects for this company are excellent as New Zealands elderly are set to grow markedly in the future.

Metlifecare [MET:NZ], Rymans major listed competitor is also worth a look at for the same reasons as Ryman.

I have Metlifecare on my watchlist.

Ryman Healthcare @ Share Investor

Share Price Alert: Ryman Healthcare Ltd 2
Ryman Healthcare Ltd: 2011 Half Year Profit Review
Gordon Macleod on Ryman Healthcare's Australian Expansion
Share Investor Q & A: Ryman Healthcare's CFO Gordon MacLeod
Ryman Healthcare: Interview sneak peak
Ryman Healthcare Ltd: Australian Expansion Needs Care
Share Investor Q & A: Reader Questions to Ryman CFO Gordon Macleod
Long Term View: Ryman Healthcare Ltd
Stock of the Week: Ryman Healthcare Ltd
Why did you buy that stock? [Ryman Healthcare]
Long VS Short: Ryman Healthcare Ltd
Time for retirement?

Discuss Ryman Healthcare @ Share Investor Forum - Register free

Mainfreight Ltd
[MFT:NZ]

Mainfreight Ltd, the New Zealand global logistics operator, have a goal of NZ$1 billion in revenue before 2010 and are only a gnats whisker short of that figure.

It is on my pick list again for 2009 as it is New Zealands best managed company and if management is good then results generally follow-this has been the history of the company thus far.

Currently business is experiencing a slow down, although profit was up nearly 10% in the last reporting period.

Management are going to approach the global market downturn with a "prudent, cautious approach to costs"-the status quo for the business since its inception.

Mainfreight @ Share Investor

Long vs Short: Mainfreight Ltd
Mainfreight drives excellent results through prudent management
Why did you buy that stock? [Mainfreight Ltd]
Mainfreight 2008 Annual report worth reading
KiwiRail will cost Mainfreight
Mainfreight keeps on truckin
A rare breed

Pumpkin Patch Ltd
[PPL.NZ]

N/A

One of the worst performing stocks of 2008 if you consider a 60% odd drop in share price this year and a drop of nearly 30% in full-year after tax profit to July 31 2008.

All is not lost though!

The company has great long-term potential, with excellent product a strong brand and very loyal customers and with the share price at just over a buck it is a relative bargain when one considers it was trading at nearly 5 dollars just over a year ago.

One to stock up on during price dips and it probably will when pre-Christmas sales figures come through during the beginning of 2009.

Pumpkin Patch @ Share Investor

Pumpkin Patch buyback shows confidence in the future
Pumpkin Patch takes a hit
Pumpkin Patch ripe for the picking
What is Jan Cameron up to?
I'm buying
Why Did you but that Stock? [Pumpkin Patch]
Rod Duke's Pumpkin Patch gets bigger
Buyer of large piece of Pumpkin Patch a mystery
Pumpkin Patch a screaming buy
Broker downgrades of PPL lack long term vision
Pumpkin's expansion comes at a cost
Pumpkin Patch VS Burger Fuel
Pumpkin Patch profits flatten
New Zealand Retailers ring up costs not tills

Other quotable notables.

Telecom NZ [TEL:NZ] for its dividend. Buy around $2.

Contact Energy [CEN:NZ], Trustpower [TPW:NZ] and Vector[VCT:NZ] Any infrastructure company, especially these electricity companies are a good buy at any time but battered share prices are a good opportunity to stock up on more or make a first buy.

Auckland International Airport[AIA:NZ] A near monopoly with a beaten down stock price, buy on further weakness.

Westpac [WBC:NZ] and ANZ Bank [ANZ:NZ]. Good opportunities exist to buy at low stock prices.

If you have the nerve, any good company is going cheap in 2009 so there are plenty of companies worth buying.

Pick wisely!

Disclosure: I own RYM, FPH, PPL, AIA, and MFT shares

Share Investor's Annual Stock Picks

Share Investor's 2017 Stock Picks

Share Investor's 2016 Stock Picks
Share Investor's 2015 Stock Picks

Share Investor's 2014 Stock Picks
Share Investor's 2013 Stock Picks
Share Investor's 2012 Stock Picks
Share Investor's 2011 Stock Picks
Share Investor's 2010 Stock Picks
Share Investor's 2009 Stock Picks
Share Investor's 2008 Stock picks

Broker Picks

Brokers 2014 Stock Picks
Brokers 2013 Stock Picks
Brokers 2012 Stock Picks
Brokers 2011 Stock Picks

c Share Investor 2008

Monday, November 24, 2008

Ruminations, meanderings and recriminations

So many bargains!!

Come one, come all, its a giant pre-Christmas sale of listed NZX and foreign stocks.

Ah, Mainfreight's shares might be traveling south, Michael Hill's may have lost their sparkle and Pumpkin Patch's share price looks like it could reach the same figures as some of its clothing sizes but if you think stocks are cheap now just wait until the New Year sales.

To be fair markets have now overreacted-they always do whether up or down- to the credit crunch and its associated impacts and we now seem to be running on negative emotion caused by over zealous finance media ready to make a name for themselves and their media owners whose headlines grab at sensationalism in order to sell advertising.

This media inspired negativity is set to continue well into 2009 and the New Zealand stockmarket is unlikely to see any stability until next spring with an upturn looking promising for the 2010 year.

I thought I would be a smart arse sort of guy and buy beaten down stocks a few months back but my Pumpkin Patch purchase back in June at NZ$1.53 has nearly halved on Fridays closing price, my Michael Hill purchase of the same month went from 82c to below 60c and my Briscoes "bargain" is back in the high 70 cent range.

The only upside buy was my clear expertise led delve back into Fisher and Paykel Healthcare[FPH.NZ] Bought at $2.33 this stock is currently above 3 bucks and has at times been above $3.20, just going to prove that timing the market isn't the easiest thing to do-for me anyway.

To be fair the upside for Fishers was clear to the market because sales were going to be up and the US dollar strength meant that repatriated funds back to head office in New Zealand would be well up, so the only mistake I made there was not to buy more.

This will be one stock whose sales and profit will hold up during this economic downturn and any substantial stock slump below $2.35 will see me back in.

Having spilt my guts about some of my stock meanderings over the last few months I am nevertheless in it for the long haul and my purchases fit my investment profile and ability to eat should everything become worthless in 12 months time.

Having said that I am still very tempted to get the checkbook out again for some more "bargains" but human nature being what it is I am going to wait until prices drop further latter on in 2009.

I am looking at buying more Mainfreight Ltd [MFT.NZ] which is still doing well, Pumpkin Patch[PPL.NZ], which is struggling in North America, Britain and New Zealand, Michael Hill International[MHI.NZ], which is holding up so far, Fletcher Building [FBU.NZ] which is in the middle of a residential building slump and Briscoe[BGR.NZ]which is having the Christmas sale to end all sales at present.

So I am still optomistic for the economy and the stockmarket long-term. Short term?

Its a fools game.

Related Share Investor reading

Share Investor Portfolio: Taking a beating
Why did you buy that stock? [Briscoe Group]
Why did you buy that stock? [Fisher & Paykel Healthcare]
Why did you buy that stock? [Pumpkin Patch Ltd]
Why did you buy that stock? [Michael Hill International]
Why did you buy that stock? [Mainfreight]
Why did you buy that stock? [Fletcher Building]

Shareinvestorforum.com-Discuss this Share Investor Post

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c Share Investor 2008

Monday, November 17, 2008

Fisher & Paykel Healthcare set for healthy 2009 profit

In what will be one of the most positive and anticipated earnings announcements of the current New Zealand reporting season Fisher & Paykel Healthcare [FPH.NZ]is set to release their results for the 2009 half year to 30 Sept 2008, this coming 10.00 am (NZ Time) Thursday, 20 November 2008-Live Webcast

It is one listed New Zealand company which is set to increase profit and sales for the year because of strong demand for its products and a stronger US dollar.

I have been buying this stock as it dropped and recently bought 3000 at $2.35, taking my total holding to 5000, and I am kicking myself for not buying more.

It is one of only a handful of stocks to actually increase in price over the last few months as its quality has shone among the dross.

The main focus for me on Thursday wont be the currency advantage that they had over last few months of the quarter but the increase in sales, and there will be an increase.

New innovative products have been introduced since last reporting and it will be interesting to see how well they have done since.

In relation to the exchange rate, the company forecast a profit of $86 million for the year to March 31 2009 at its annual meeting on August 22. This is based on a US dollar exchange rate of 72c for the rest of the financial year.

This morning November 2008 the Kiwi buys US 55.76c

Every cent movement down of the New Zealand dollar/US cross means an approximate NZ$2.5 million profit to Fisher's bottom line.

Disclosure: I own FPH shares

Fisher & Paykel @ Share Investor

Big Fisher & Paykel share trades a curious tale
Why did you buy that stock? [Fisher & Paykel Healthcare]
Drinking and Trading
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance

Related Links

FY2008 full year results to 31 March 2008

From Amazon

Healthcare Innovation

The Business of Healthcare Innovation
Buy new: $36.00 / Used from: $44.96
Usually ships in 24 hours

c Share Investor 2008

Tuesday, August 19, 2008

Big Fisher & Paykel Healthcare share trades a curious tale

Some very large volume trades of various stocks were traded on and off the NZX today.

Big volumes of Telecom NZ [TEL.NZ] Fletcher Building [FBU.NZ] Sky City Entertainment [SKC.NZ] and Fisher & Paykel Healthcare [FPH.NZ] went through before market opening today.

Chart for Fisher & Paykel Healthcare Corp (FPH.NZ)

Shareinvestorforum.com -Discuss this company further

Of principal interest to me was 13,649,401 million shares of FPH being traded.

That volume traded represents just over 2.5% of the total of 509,452,817 million shares on issue as at 22 May 2008.

Big volumes of a similar number were last traded in June at around $2.40 and over the last year larger volumes have traded when the stock price hit new lows.

A large number of shares traded of a particular listed company above the daily average is usually a significant occurrence and smaller shareholders should keep an eye out for large money managers building stakes in undervalued companies, should they want to get in on the action.

Substantial holders owning between 9-14 million shares each, range from the Accident Compensation Corporation with 9.693 million shares, the NZ Superfund with 12.09 million shares, and JP Morgan Nominees (Aust Ltd) with 14.057 million shares, with 6 other much larger holders owning around 9-11% each.

The last substantial movement in Fisher stock was on 21 July and a half a dozen players have been amassing stakes of around 10% each as the stock has become cheaper over the last year with UBS Nominees most recently adding to their holdings to take their total to just under 9%.

Summary for: UBS Nominees Pty Ltd and its related bodies corporate
For this disclosure,-

(a) total number held in class: 39,345,377
(b) total in class: 509,476,963
(c) total percentage held in class: 7.723%
For last disclosure,--
(a) total number held in class: 45,192,939
(b) total in class: 509,037,055
(c) total percentage held in class: 8.878%

On June 6 AXA Asia Pacific Holdings Limited acquired a substantial stake for the first time of just over 5%.

Summary for the AXA Group

For this disclosure,--
(a) total number held in class: 26,342,324
(b) total in class: 509,452,817
(c) total percentage held in class: 5.17%

There have also been large crossings by Caledonia Investment's Ply Ltd.

The most interesting substantial shareholder to me is a recent one. Schroder Investment Management Australia began with an investment of 29,988,254 million shares or 5.9% on December 11 2007 and have progressively bought shares since then to end up with a stake of 47,573,694 shares or a 9.34% in Fisher and Paykel Healthcare.

Their rapid accumulation makes me wonder that it might be them who have purchased a large stake today-the market will find out for sure tomorrow. Schroders is a global asset management company with US$259.1 billion under management at 30 June 2008 and around $AU12 billion under management at its Australian branch office.

Their investment approach is one that aligns with mine and they certainly seem to be practicing it in buying up FPH.

We are long-term investors: establishing the fair value of a security takes the discipline to avoid being caught up in market fashions and the confidence to be contrarian when necessary. We focus on the ability of a business to generate sustainable value and earnings growth. We look at the quality, as well as quantity, of earnings and we meet company managers and ensure that we fully understand their marketplace and business strategy. We believe that, over time, the mis-pricing of stocks versus fair value will be recognised by the market, and that our long-term approach to research will lead to long-term outperformance.

Clearly Schroders see Fisher & Paykel Healthcare as a "quality earner" and they see the market mis-pricing the stock-it has been severely marked down over the last year.

I recently bought more at $2.35 a few months ago, with a long-term view for good growth based on the company's well placed R & D research and resultant innovative products successfully brought to market.

Schroders would have an approx 11.5% of fisher shares if they were today's substantial buyer which would make them the number 2 largest holder, behind HSBC Nominees with an 11.84% stake as at 22 May 2008.

Fisher & Paykel Healthcare shares were up 7c to NZ$2.95 in trading today(19 August NZ time)

Fisher & Paykel Healthcare @ Share Investor

Why did you buy that stock? [Fisher & Paykel Healthcare]
Drinking and Trading
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance

Related Links

Schroder Investment Management Australia
Schroder Investment Management Home

Fisher & Paykel Healthcare financial data

Thursday, August 7, 2008

A tale of three rising stocks

The market really seems to have forgotten the bad economic news, credit liquidity and recession in New Zealand over the last week or so.

No stocks more so than Sky City Entertainment [SKC] and Telecom NZ [TEL] and Fisher and Paykel Healthcare [FPH].

Sky City was up around 25% from its lows in the first week of July, Telecom has risen a similar percentage and Fisher more than 35% off its lows.

Telecom is a weird one, there is no material reason for its share price increase, perhaps the coming profit announcement,to be made Friday morning 8 Aug 2008(NZ time), got the overseas buyers scooping up shares for the dividend. Analysts expect around NZ$700 million for the full year 2008, but its 2009 profit of sub-$600 million will not excite the punters. Its long term outlook is not good.

Telecom Corporation of New Zeal (TEL.NZ)

Telecom NZ Chart.

Fisher and Paykel Healthcare started rising before the market as a whole did when the kiwi/US dollar cross started going in the company's favour. Every cent in decline against the US dollar means around NZ$ 2.5 million straight to the bottom line. The increase in share price is quite understandable then.

Fisher & Paykel Healthcare Corp (FPH.NZ)

Fisher & Paykel Healthcare
Chart.

I actually intended to write this post just about Sky City Entertainment but got sidetracked as I often do. So here goes.

The rise in this stock started before the general market improvement as well. From a low of NZ$2.90 just four weeks ago to close at $3.62 today.

This stocks prospects haven't improved materially due to any known factors apart from the Aussie cross with the Kiwi dollar improving their Australian Casino returns back to their New Zealand currency base.

The new CEO Nigel Morrison, has a reputation for cutting corporate fat and he has done some already. Strikes last weekend from the Auckland Casino floor staff because of a 4% wage rise offer didn't move management to make a higher counter one to get them back.

A 25% rise might indicate a good profit result to the year ended June 30 2008, due Monday 25 August 2008 (NZ time). This sort of movement in price before such announcements is common with this stock on good news.

Insiders should be ashamed.

I think SKC has been oversold though, like many other listed NZX stocks have.

Having said that I still fail to understand the collective amnesia that seems to envelop the stockmarket when they forget the reasons why they sold over the last few months and are now buying stocks as their share prices go in an upwards trajectory, on higher volumes traded.

Go figure.

Disclosure I own FPH & SKC shares.

Related Share Investor Reading

Fisher & Paykel Healthcare

Why did you buy that stock? [Fisher & Paykel Healthcare]
Drinking and Trading
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance

FPH Investor Relations

Sky City Entertainment

As recession bites, Sky City bites back
Sky City outlines a clear future plan
Why did you buy that stock? [Sky City Entertainment]
Sky City Share Volumes set tongues wagging
Sky City half year exceptional on cost cutting
NZX Press release: Sky City profit to HY end Dec 2007
Sky City Cinemas no Blockbuster
Sky City Entertainment share price drop
New Broom set to sweep
Sky City Management: Blind, deaf and numb
Sky City sale could be off
Opposition to takeover
Premium for control
Sky City receives takeover bid
Sky City Casino Full Year Profit to June 30 2007
Setting the record straight
Sky City CEO resigns
Sky City Casino: Underperforming
Sky City Casino 2007 HY Profit(analysis)
Sky City Casino 2007 HY Profit

Telecom New Zealand

Telecom NZ faces a watershed period
Business Mis-management
Telecom New Zealand hangs up
Telecom NZ rewards ex CEO For Mediocrity
Business Gobbledygook a barrier to communication

Telecom Investor Centre - full profit announcement

2008 profit announcement - one page profit summary

Related Links

2008 SKC Interim Result
		2008 Interim Report 2008 Interim Result Presentation Media Release NZX Announcement Financial Statements Result Briefing Webcast

2007 SKC Annual Result
		2007 Annual Report 2007 Annual Result Presentation Media Release NZX Announcement Financial Statements Result Briefing Webcast

c Share Investor 2008

Tuesday, June 17, 2008

Why did you buy that stock? [Fisher and Paykel Healthcare]

Considering I took my own advice yesterday to add to my portfolio stocks I already own when they have been beaten down in price I thought I would add Fisher & Paykel Healthcare[FPH.NZ] to this latest in the series of Why did you buy that stock? I am particularly bullish about this stock for a number of reasons.

Why did you buy that stock?

Why did you buy that stock? [Fletcher Building Ltd]
Why did you buy that stock? [Freightways Ltd]
Why did you buy that stock? [Kiwi Income Property Trust]
Why did you buy that stock? [Hallenstein Glasson]
Why did you buy that stock? [Briscoe Group]
Why did you buy that stock?[Pumpkin Patch Ltd]
Why did you buy that stock? [Ryman Healthcare]
Why did you buy that stock? [Michael Hill International]
Why did you buy that stock? [Mainfreight]
Why did you buy that stock? [The Warehouse Group]
Why did you buy that stock? [Goodman Fielder]
Why did you buy that stock? [Auckland Airport]
Why did you buy that stock? [Sky City Entertainment]

As far as long term possibilities for good sustainable growth (PDF) I would pick this stock to do better than anything else listed on the NZX with the possible exception of Pumpkin Patch Ltd [PPL.NZ] .

The outstanding reason, above all else, why I bought this company is the economic moat that management have carefully built for it over many years. Fisher & Paykel have delivered this moat by spending a large proportion of funds on research and development to keep products like their specialist sleep apnoea technology and other breathing apparatus at the cutting edge and as a result streaks ahead of their competition.

Management have built a solid reputation around the worldwide health care community, especially in the United States, for supplying reliable, easily updated and unique, world beating innovations in health care and hospital buyers around the world automatically think FHP first when they think of breathing products to buy. The amount spent on R & D is important for company future and will help retain that economic moat, where other companies struggle to compete with FPH's products.

Closely related to the ability of the company to build such a strong economic moat, the number two reason for me to buy this stock is the quality of the management.

CEO Michael Daniell and his team have led a company that has maintained excellent revenue growth (DOC) over the years and their focus on management of roll outs of new products and the marketing and selling to clients at health care provider level have been one of the keys to FPH's long term success and will clearly be of importance going forward.

As noted by me already the priority for the company placed upon research and development show that management have grasped the essence of what their company is and how they will maintain their enviable position at the top of their field among their peers. Sadly many New Zealand company managers lose sight of what is important to their company and flounder as a result. Their sister company Fisher and Paykel Appliances[FPA.NZ] could learn a thing or two from them.

Many investors might think that all this innovative,fast changing technology makes for a company that is hard to understand. Well, not really. The company's products may be a little difficult for the lay person to fully comprehend but the main thing the company does is look after people's health care needs in the specific fields that their products specialize in. Nothing Mensa like about that and it is because of this relative simplicity that I plunked down some hard earned shekels.

Personally I like to get involved in the companies that I invest in, in one way or another. For example I own shares in The Warehouse Group[WHS.NZ] and shop there whenever I can, it would be crazy not to because it puts money in my pocket when I do.

With Fisher & Paykel Health I'm quite excited about their disruptive sleep apnoea products. They are especially world leading and it is a fast growing market because of snoring problems caused by overweight and obese patients.

Its latest sleep apnoea product has been given FDA approval to be used in a home setting.

The size of the Sleep apnoea market and the company's products excited me so much because it can help so many people with this condition, including yours truly-that could explain alot to my regular readers.

Having more than a financial interest in your investment, according to some, could blind you to the financial fundamentals but it doesn't hurt, in my opinion, to have a passion or at least a cringing appreciation for what your company does to make its money.

As I always do in this regular series of columns, I ask myself, if after originally purchasing this share, and I have owned FPH for several years, would I still buy shares today? Well, I more than doubled my holding yesterday and am looking at a possible much larger purchase, probably about 20000 shares, if the price gets lower.

I am very happy with this company as part of my portfolio and see it as a stock I would never sell.

Fisher & Paykel Healthcare @ Share Investor

Fisher & Paykel Healthcare set for a healthy 2009 profit
Big Fisher & Paykel Healthcare share trades a curious tale
Drinking and Trading
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance

Fisher & Paykel Healthcare Links

Financial data

Share Investor

Sunday, February 1, 2009

Long vs Short: Fisher & Paykel Healthcare

Wednesday, December 17, 2008

Share Investor's 2009 Stock Picks

Monday, November 24, 2008

Ruminations, meanderings and recriminations

Monday, November 17, 2008

Fisher & Paykel Healthcare set for healthy 2009 profit

FY2008 full year results to 31 March 2008

Tuesday, August 19, 2008

Big Fisher & Paykel Healthcare share trades a curious tale

Thursday, August 7, 2008

A tale of three rising stocks

Tuesday, June 17, 2008

Why did you buy that stock? [Fisher and Paykel Healthcare]

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