After it ran up, I stopped tracking this fella. Just happened to check and got a surprise to see Cordlife at 52.5 cents! If it weakens a bit more, I am gonna be a buyer!
Cordlife reported 1Q 2013 of profit of 2.8m an increased of 50.9%. Revenue of 8.2man increased of 13%. Gross margin of 69%. Cordlife have strong balance sheet with net cash position. At 53 cts it's trading at about PE of 10 which is very cheap.
I wouldn't buy even at 49 cents. It's not cheap enuff.
Now at 55 cents = the stock currently trades at 14.0x FY13F PE. Not cheap babe.
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[Amanda 16-11-2012]: