MPH.V (MCUJF)
Brought back some of my MCUJF in the mid 3.80's (USD). Here is what I like.
1) MPH.V is growing rapidly and I expect that to continue. This story is a great growth story I know this chart isn't perfect because of the FY change, but it give you the idea of the absurd growth we are seeing here.
NOV 13 871K
FEB 14 1,640K
MAY 14 1,793K
AUG 14 2,125K
DEC 14 3,139K (Contain 4 Months of sales)
MAR 15 3,338K
JUN 15 3,802K
SEP 15 5,416K
Dec 15 9,300k (estimated)
2) They earned .10 in q3 (Minus charges), I'm expecting .25-.32 in q4. If you annualize that the stock is trading under a PE of 5, which is waaaaaaaaaaaaaaaaaaaay too cheap. I expect growth to continue.
Conclusion: I think MPH.V is one of the fasting growing biotech/pharmas in the business, with a very cheap valuation. I see this as a good purchase at these levels, I did sell it around $4.45-4.50 so my plan did work I guess I'm getting to buy it back cheaper. All is just my opinion, and I could always be wrong though.
