COH - Cochlear Limited

[Lachlan6]

I have placed COH in the larger corrective wave B. Notice the recent choppy move down from early October is finding some traction in the typical area for the wave B. The wave A didn't quite make it to the typical area for an A,B,C area so we may get some more bounce in the stock but this depends on what the overall market does. A bounce should see the stock move to $61.50 - $66.00. However this will most likely be invalidated with a move back through $48.00.

 

[Aussiest]

I've never really understood this stock. Why would anybody want to buy a $50.00 stock that only pays $1.60 dividends per year?

 

[UBIQUITOUS]

I've never really understood this stock. Why would anybody want to buy a $50.00 stock that only pays $1.60 dividends per year?

The same reason that property investors are happy to make a yearly income loss on their investment property i.e capital growth.

Looking at the history of COH, it seems as though investors have been well rewarded.

 

[TraderPaul]

Hi folks,

COH ..... some astroanalysis to the end of June 2009 .....

..... was expecting some minor news earlier this week, but
it hasn't surfaced, as yet.

28-29042009 ..... minor and positive light on COH

04052009 ..... significant and positive cycle

11-12052009 ..... positive time cycle ... finance-related ???

2905-01062009 ..... minor and positive cycle, here.

12-16062009 ..... 2 minor time cycles come together - finances?

19-22062009 ..... minor and positive news expected here

29-30062009 ..... negative spotlight on COH

have a great day

paul



=====

 

[pedrod]

So are we looking at a breakout on the weekly chart? I have a price target of $66 on COH on the weekly chart. It will be interesting to see todays close. I'm looking for a $59.50-$60 close. That would be positive.

 

[McCoy Pauley]

Cochlear mentioned in dispatches as a potential suitor for buying Siemens' hearing aid business, having partnered up with Hellman & Friedman and KKR on a joint bid. Three other private equity firms are working on separate bids for the unit, which sells one in four hearing aids in the world.

http://www.theage.com.au/business/cochlear-seen-as-suitor-for-siemens-unit-20100123-mr3b.html

Disc - hold COH.

 

[Atomic]

Someone asked why buy a company which has poor divvi's, my answer is just for the greater good.
this company has developed and delivered some/most of the worlds ground breaking humanitrium technology as far as sound and hearing perception for infants through to adults and seniors.

my wife and i had a son 11yrs ago, 3 months premature. downs , aspergers , autism and all the learning and developmental difficulties thrown in and hearing problems to boot. at the time i asked my wife if we could afford a cochlear implant and her response was we cant afford not too!!!!

So my point her is any and all support of companies with this type of product at any price is for the greater good as they immensly improve our existence.
i hear cochlear is on the eve of sight recognition and repair technologies for the blind. they have results in shades of grey and large blocks of of shapes.

conclusion is that i dont have a crystal ball but i rekon cochlear is going to make one for us all !!!!!!!!!!!!!!!!!!!!

 

[skc]

Someone asked why buy a company which has poor divvi's, my answer is just for the greater good.
this company has developed and delivered some/most of the worlds ground breaking humanitrium technology as far as sound and hearing perception for infants through to adults and seniors.

my wife and i had a son 11yrs ago, 3 months premature. downs , aspergers , autism and all the learning and developmental difficulties thrown in and hearing problems to boot. at the time i asked my wife if we could afford a cochlear implant and her response was we cant afford not too!!!!

So my point her is any and all support of companies with this type of product at any price is for the greater good as they immensly improve our existence.
i hear cochlear is on the eve of sight recognition and repair technologies for the blind. they have results in shades of grey and large blocks of of shapes.

conclusion is that i dont have a crystal ball but i rekon cochlear is going to make one for us all !!!!!!!!!!!!!!!!!!!!

That is very noble of you Atomic... but you do realise that the share market is a secondary market and investor's decision to buy shares in COH on the ASX has relatively minor impact to the operations of COH.

The only thing a higher share price do to COH itself is when they want fresh new capital they can tap the market at higher prices.

 

[McCoy Pauley]

I've had a quick read through the half-year report for the 1H10 and I'm Big Kev'ed!

Highlights:

* Total revenues were $347.6 million, down 2% on the corresponding period but if adjusted for currency fluctuations, sales were up 4% compared to H1 F09 and 7% to H2
* EBIT up 7% to $107.3 million.
* Profit from ordinary activities after tax attributable to members up 8% to $75.3 million.
* Basic EPS up 7% to $1.34 per share
* Interim dividend of 95c per share
* Net tangible assets per share as at 31/12/09 up 206%!

http://www.asx.com.au/asxpdf/20100209/pdf/31nlp003hl77r7.pdf

I hold, so DYOR.

 

[McCoy Pauley]

The AFR reported today that it appeared that COH's bid for Siemens hearing aid division fell short of Siemens' expectations and that no sale would be going through anyway.

Seemingly in response, COH's share price surged $1.91 today.

 

[McCoy Pauley]

COH back above $70 and a new 52-week high despite a market falling overall. As a long-term holder of this company, I'm very pleased. Looks like the news that COH's bid for Siemens and the announcement of the new chairperson has excited the market.

 

[McCoy Pauley]

Net profit rises 19% for the full year and COH announces a final dividend of 105c per share.

The sting in the tail is the reduction in the franking rate from 100% to 60%.

I've held COH shares since COH floated and I do not ever remember COH paying partly franked dividends. Looks like the market didn't like the sting in the tail and sold off COH accordingly.

 

[McCoy Pauley]

Full year report releasd to the market this morning and despite Cochlear growing NPAT by 16% year-on-year, investors do not want a bar of it, and Cochlear is sold down strongly again today. From a peak of $85.00/share in April, it's down about 25% and still falling.

COH announced a dividend of $1.05/share, with an ex-dividend date of 1 September 2011, to be paid on 22 September 2011. The dividend is franked at 70%.

The decrease in COH's share price brings it a lot closer to the intrinsic value I've calculated but it still exceeds my calculated intrinsic value.

 

[pixel]

Full year report releasd to the market this morning and despite Cochlear growing NPAT by 16% year-on-year, investors do not want a bar of it, and Cochlear is sold down strongly again today. From a peak of $85.00/share in April, it's down about 25% and still falling.

COH announced a dividend of $1.05/share, with an ex-dividend date of 1 September 2011, to be paid on 22 September 2011. The dividend is franked at 70%.

The decrease in COH's share price brings it a lot closer to the intrinsic value I've calculated but it still exceeds my calculated intrinsic value.

Hi McCoy,

Can't let you suffer in here all on your lonesome. I made a couple of brief swing trades in July and kept COH on my watchlist. Like you, I was a little surprised that the market didn't react more positively to a good Financial result. But then again - what's logical on a day like today?

From a technical perspective, I found that today's Low bounced strongly off a falling trendline that started life as resistance between mid-May and early July, when it was broken and became support - as happens quite commonly. A Trader with true steel balls - and the necessary cash at the ready - might have taken a punt in the low $63's.
Neither of those attributes describes me very well, therefore I'll wait and see what tomorrow brings. If today's doji finds follow-through, even a small gap-up, I'll start building a new position.

 

[McCoy Pauley]

Thanks pixel. Not feeling lonely at present, just feeling very happy that COH has turned in another excellent full year performance, despite the headwinds of a sagging US economy and a high Australian dollar compared to the US dollar.

I hold, so DYOR.

 

[McCoy Pauley]

Looks like people got around to reading COH's annual report. What a pop - up almost 6.5% on the day.

 

[Dutchy3]

Hi .... Lovely on the close ... quick run back to 83.50ish for around 8.5%

 

[McCoy Pauley]

COH announces a voluntary recall of its Nucleus CI500 Cochlear Implant range as a result of an increased failure rate and to allow COH to investigate the causes of the failure. It won't affect those recipients already holding those implants.

COH looks like it will fall at least 12% on open this morning.

ETA - opened at $55.26/share. A drop of 23.4%. Buffett's line about how reputation can be built over 20 years and lost in five minutes never held more sway than this morning, as I believe this is the first time in its history COH has had a product recall.

 

[Chasero]

COH announces a voluntary recall of its Nucleus CI500 Cochlear Implant range as a result of an increased failure rate and to allow COH to investigate the causes of the failure. It won't affect those recipients already holding those implants.

COH looks like it will fall at least 12% on open this morning.

ETA - opened at $55.26/share. A drop of 23.4%. Buffett's line about how reputation can be built over 20 years and lost in five minutes never held more sway than this morning, as I believe this is the first time in its history COH has had a product recall.

I jumped in @ $56.80, kinda scary how the market reacted.

But heeding some investment advice I've found online, the best time to buy a company is at times like this...

 

[AngusSmart]

I bought in with a small parcel today too, why the hell not huh. there's value in today for sure..

Debt free recently also..