Time to Pivot to Incitec (IPL) --- reporting monday -- at 12.5 times, what could go wrong
Time to Pivot to Incitec (IPL) --- reporting monday -- at 12.5 times, what could go wrong? Msg me for our report!
Ninus has over seven years experience in equity research. Having recently worked at Fairmont Equities, Ninus has previously advised institutional clients with firms CLSA, ING Investment Management, Merrill Lynch and Morningstar. He is also an...
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Ninus Kanna
Looking at its past and its articulated, conservative strategy based on cash flow generation, we are confident the firm is able to provide the returns going forward to allow a certain payback on investment at current share prices. As the market becomes more sure of this, itsearnings multiple will re-rate accordingly. On this basis of fundamental investing, we would be quite happy buying Incitec at current levels. Contact me at ninus@fairmontequities.com