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RMD - ResMed Inc.

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Re: RMD - Resmed

The_Bman said:
Not much commentary on this one - Anyone adding this to the watchlist since the gap down from $5?

(Watching)
Click to expand...

I'm in 4.98 because heard RMD record profit

I think it's lagging behind the general market too much

Now its $5.36
 
Re: RMD - Resmed

Drop today, anyone know why?

i couldnt find anything anywhere, maybe just adjustment.

this post is too short.
 
Re: RMD - Resmed

What is going on today with this share? It is down 40% in one day? that cant be right????

Anyone?
 
Re: RMD - Resmed

hmm ok something to do with this I guess:


so anyone know how this actually works? Is this a good thing or a bad thing?

(heart attack diverted!)
 
Re: RMD - Resmed

SP is very low and almost hitting an all time low............What is the problem here. Is is because of the depreciation in the US dollar?

Any thoughts?
 
Re: RMD - Resmed

kingkev said:
SP is very low and almost hitting an all time low............What is the problem here. Is is because of the depreciation in the US dollar?

Any thoughts?
Click to expand...

What do you mean all time low? It has made a new 12 month low however.



$US does have an impact, but you should also be aware that RMD has historically traded at pretty high multiples on expectation of high profit growth. If those growth don't eventuate the share price can go much lower yet.

Eventhough history tells us that RMD has been a well run Australian success story. I find it difficult to buy RMD because I have no knowledge of the sleep market, what competitors are out there etc etc.
 
Re: RMD - Resmed

Yes I meant 12 month low,
Looks like a few fluctuations in the sp over time. It is now on the watch list to see how it performs before I make any buying decisions
 
Re: RMD - Resmed

suhm said:
does that take into account the split though
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Charts from Iress typically allow for all splits, consolidation, rights issue etc. So it is a real performance tracking chart.
 
Re: RMD - Resmed

The recommendation on a few websites is to buy this share... however it doesn't seem to have moved much over the past year or so..
 
Re: RMD - Resmed

I just went out with a little profit, only held onto it since ex-dividend this year though.
 
Re: RMD - Resmed

RMD is a fantastic company... one of the best on the ASX. I've always had trouble valuing it, I'm a bit too conservative perhaps. I keenly watch it, trying to snipe from a distance, but no luck as yet.
 
Re: RMD - Resmed

Ves said:
RMD is a fantastic company... one of the best on the ASX.
Click to expand...
Hmm

I have been in and out of RMD since 2003 for a compound annual return of 10%, which is attractive but unexciting in the scheme of things. Most recently, I am in again for the same price at which I sold the same number of shares in 2007 (and was in and out in the interim to no effect). Fantastic? I do not see that in their operations. Rather, I am quite cautious about my current investment which only just passed through the gates. They have competition, and pending products, but may suffer margin compression if they find themselves tendering in Asia, like COH. I do not mind the currency hedge in foreign income, in a small way.
 
Re: RMD - Resmed

the stock really took a dive a few days ago when it fell short of expectations despite record profits. Could be a good opportunity to buy however there are still plenty of shorts still on RMD. It'll be one to watch
 
Re: RMD - Resmed

I've been watching Resmed for some time and almost pulled the trigger on a buy order when its Australian share price dipped below $5/share a few months back, but I felt that even at that level, it was overvalued.

Resmed released its fourth quarter and full year results overnight. Superficially, the full year results look quite good - earnings of US$2.39/share compared to US$2.10/share last financial year and a slightly higher ROE.

But the fourth quarter results revealed some disturbing trends. Sales in the Americas in the quarter fell 7%, which was more than enough to offset increasing sales elsewhere. Resmed seemed to be bullish on its future, notwithstanding the changes to US government policy concerning the sale and purchase of medical devices, but it seems that Resmed has had to discount the prices of its products to preserve its market share in the light of cheaper devices from competitors.

http://www.theage.com.au/business/resmeds-poor-us-result-caps-tough-year-20140801-zzbc1.html

I'll continue to watch Resmed - the beauty of it being a US-domiciled company is that we do receive quarterly reports, so we'll see if the confidence of its CEO in Resmed's capacity to bounce back is well-placed or not.
 
Re: RMD - Resmed

Hi ASF. Long time lurker but finally a member.

Over the last couple years, RMD's stock price appears to be following a straight line in the healthy direction.

Friday (23/01) it jumped nearly 6% after announcing their Q2 2015 results.

I'll be taking Motley Fools advice (wait for a drop) before jumping in.

Should it find sub $7 again I'll be ready. The previous 2 year gains have me interested.
 
Re: RMD - Resmed


I owned RMD and can't believe I ditched it a few years ago as the AUD was soaring. I jumped into SOM at $1 as a consolation. It's in the same industry - sleep apnea but with a different technology delivered (dental devices) through a different channel (dentists). It's much less mature and established in its markets and has a higher PE than RMD, but it might be of interest. I give no advice. I don't have much knowledge of the industry and consider my holding speculative in this context. Remember that sleep apnea is a side effect of obesity which is spreading across the world and across all socio-economic strata.
 
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