High P/E requited great result to support

  1. HSP
    5,051 Posts.
    lightbulb Created with Sketch. 82
    Revenue from ordinary activities (core operations) & other income
    1HY15 +40% pcp
    1HY16 +8% pcp

    Revenue from core operations
    1HY15 +25% pcp
    1HY16 +20% pcp

    Net Profit for the period attributable to members
    1HY15 +79% pcp
    1HY16 -9% pcp

    Net Profit from core operations
    1HY15 +34% pcp
    1HY16 +28% pcp

    Every grow rate decreased. P/E=31
    Such high P/E would be ok if in bull market. Now the big market is in sideway, those high P/E like REA, DMP, RHC............... are in trouble at current big market.
    (I am building and holding REA short positions)
 
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Last
$239.28
Change
1.570(0.66%)
Mkt cap ! $31.59B
Open High Low Value Volume
$238.65 $240.00 $236.84 $11.94M 50.10K

Buyers (Bids)

No. Vol. Price($)
1 3 $239.15
 

Sellers (Offers)

Price($) Vol. No.
$239.28 4 2
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Last trade - 13.50pm 18/07/2025 (20 minute delay) ?
REA (ASX) Chart
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