" Seek (SEK)
Seek is the outright leader in online job ads in Southeast Asia and recently passed its rival 51Job in China. The domestic business is highly profitable and it should be possible to develop similar businesses in larger developing markets. The response to Premium Talent Search, Seek’s answer to LinkedIn, has also been positive. It has an intrinsic valuation of $16.
David Walker is senior analyst at StocksInValue.com.au
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SEK Price at posting:
$14.91 Sentiment: Buy Disclosure: Held
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