Philips has reached it's (nearly) lowest levels for the last 3-5 years,
The reason seems to be a recall of equipment of a value of about 4bl$.
In general the company is quite healthy, no debts, positive cashflow, not very impressive, but still good PE and EPS ratios.
They have concrete development plans and solid background for upcoming profits.
The stock price...
A good micro cap Canadian company with the potantial to do dealerships with much better companies or in a variety of sectors... The news is good and we are waiting for the big boom. It is already at the psycedelic pharmacy ETF and as it boomed once the previous year we are waiting to see a steady uptrend.
