Q: This company was at a good price-point back in August.
I'm interested in the space but do you feel the recent rise has priced it out?
I'm interested in the space but do you feel the recent rise has priced it out?
5i Research Answer:
Please also see this answer from this week. Momentum is quite strong and it is also quite a unique company, with a strong competitive edge. It is not cheap at 33X earnings but looks good otherwise. We would be OK with a starting position for an investor with a 5-year horizon.