PHIA | Time to buy
Updated
Philips has reached it's (nearly) lowest levels for the last 3-5 years,
The reason seems to be a recall of equipment of a value of about 4bl$.
In general the company is quite healthy, no debts, positive cashflow, not very impressive, but still good PE and EPS ratios.
They have concrete development plans and solid background for upcoming profits.
The stock price may in the near future go below 30 euros, down to 27 euros as worst in my opinion.
Considering the fundamental background information and technical analysis expectations (which logically support each other), in a year or two, the stock price could reach the 55-60 euros, meaning doubling.
Considering the purchase price, background info and technically expected future price, now it seems to be a good time to enter the market.
The only drawback investing in PHIA, could be longer return periods, than initially expected.
Since the company is not generating high profits, and pays dividends, they might need much longer time to recover and grow further.
For the rest, it's a healthy company, strong brand and pretty cheap offer, for those who might like the company as investment item.
The reason seems to be a recall of equipment of a value of about 4bl$.
In general the company is quite healthy, no debts, positive cashflow, not very impressive, but still good PE and EPS ratios.
They have concrete development plans and solid background for upcoming profits.
The stock price may in the near future go below 30 euros, down to 27 euros as worst in my opinion.
Considering the fundamental background information and technical analysis expectations (which logically support each other), in a year or two, the stock price could reach the 55-60 euros, meaning doubling.
Considering the purchase price, background info and technically expected future price, now it seems to be a good time to enter the market.
The only drawback investing in PHIA, could be longer return periods, than initially expected.
Since the company is not generating high profits, and pays dividends, they might need much longer time to recover and grow further.
For the rest, it's a healthy company, strong brand and pretty cheap offer, for those who might like the company as investment item.
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